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Chrysler readies new-product binge
Mon, 09 Aug 2010Chrysler Group dealers, starving for new products, will get a banquet of nameplates in three years--a startling change for a company that narrowly missed going out of business. Up to 25 models will be vying for customers' attention in 2013, when new, Fiat-based models are scheduled to arrive. The automaker now has 17 nameplates.
Lotus Cars prepares to hire Lutz, Purves as advisers, sources say
Tue, 29 Jun 2010Lotus Cars Ltd. is poised to tap former General Motors Co. product guru Bob Lutz and retired BMW executive Tom Purves to advise the British niche carmaker on a five-year turnaround plan.
Japan freeway clogged by supercar pileup
Mon, 05 Dec 2011Nearly $2 million worth of vehicles were wrecked in a 14-car crash in Japan on Sunday. The pileup involved eight Ferraris, a Lamborghini, three Mercedes-Benzes and two Toyotas. The fancy car convoy was headed from Kyushu to Hiroshima when the driver of a red Ferrari skidded while switching from the right lane to the left on the rain-soaked expressway.