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Fiat's Marchionne says he won't walk away from Chrysler deal

Fiat S.p.A. will not walk away from its plan to buy bankrupt Chrysler LLC, CEO Sergio Marchionne told Bloomberg after a U.S. court delay threw the deal into doubt.

UK car tax rises 'won't work'

By Tim Pollard Motoring Issues 29 May 2008 10:56 The UK Government's proposed tax rises won't deter drivers from picking a high-CO2 car, new research by CAR reveals. We surveyed more than 1000 motorists and asked if the new charges – quadrupling the annual tax bill for some cars – would put them off so-called gas guzzlers. Surprisingly, 76 percent of drivers said it wouldn't deter them one jot.

Chrysler cuts Viper output amid slow sales, growing inventory

Chrysler Group has cut output of the SRT Viper by a third and will reassign scores of workers to other plants because of slow sales, growing inventories, and the onset of colder weather. Workers at Chrysler's Conner Avenue Assembly plant in Detroit, where the car is assembled, were told of the production moves today. None will be laid off; instead they will be reassigned to other Chrysler plants in the Detroit area, a Chrysler spokeswoman said.