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Chrysler in crisis
Fri, 02 Mar 2007By 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’.
Commentary: Auto China 2008
Fri, 02 May 2008China is a country that's been trading its bicycles for a more modern mode of transport: the car. And while modernization as a whole can be viewed as a good thing, the alarming rate of growth can also be a severe drawback. Our recent trip to Beijing for Auto China 2008 is case in point.
GT Academy winner Heitkotter's next step is the 24 Hours of Dubai
Thu, 03 Nov 2011It all culminates in January at the 24 Hours of Dubai: That's when video-game player and GT Academy winner Bryan Heitkotter will race, professionally, with European GT Academy winner Jann Mardenborough in a Nissan 370Z. The GT Academy was a contest that started last December in which Gran Turismo 5 players competed for a seat in a real race car. Thousands entered, 32 players rose to the top, and 16 of those were invited to a seven-day whirlwind racing and evaluation program at the Silverstone circuit in the United Kingdom.