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Chrysler in crisis

By Liz Turner, in the US Motor Industry 02 March 2007 04:28 The trouble with Chrysler: the background In 1996 when Chrysler opened its $1.1bn headquarters in Auburn Hills, 30 miles north of Detroit, executives joked that if things didn’t work out, they could always sell it as a shopping mall. Following DaimlerChrysler’s annual press conference on 14 February, local realtors are, no doubt, sneaking in to take measurements. Chrysler Group announced a staggering operating loss of $1.5 billion for 2006, and in the subsequent question time, DaimlerChrysler’s CEO Dieter Zetsche said the company ‘will examine far-reaching strategic options with partners’.

UK Car Insurance Company reports buyers downsizing

Swinton Insurance claim quote requests for bigger cars are down 20% Swinton say that it has seen an increase of 25% in quote requests for smaller engined cars in the last six months and a decrease of 20% in car insurance quotes for cars over 1.8 litres (which, short of the big-engined cars being scrapped begs the question: What’s happened to the big-engined cars? Did they just disappear, or are they just not being insured?). But this got us thinking.

AMG-inspired Cigarette boat to appear at Miami boat show

Polish up those white loafers and pick up a ticket to Florida, 'cause the 2013 Miami International Boat Show is nearly here. With its aquatic focus, the marine expo is a welcome break from the long list of annual motor shows -- but that doesn't mean automakers won't play any possible angle to ensure they have a presence at the event. That's why Mercedes-Benz has once again teamed up with go-fast boat maker Cigarette to bring an AMG-inspired vessel to the show.