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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’.
Car Design of the Year 2008
Mon, 15 Dec 2008As the year draws to a close, it's time once again for us to ask you, our readers, to vote for your favorite car designs of 2008. Your votes will decide which design teams will be presented an award by the CDN team at the Geneva auto show in March, with prizes being given to the best vehicle in the concept and production car categories. We've selected our picks of the production and concept vehicles unveiled since the 2008 Detroit Auto Show, and now it's up to you to decide which ones gain the accolade of Car Design of the Year.
Bugatti won't build new car until Veyron is sold out
Fri, 14 Feb 2014Bugatti executives told Bloomberg on Wednesday that the brand won't move forward with a new automobile until all of the remaining Veyrons have sold out. The French automaker built 300 original Bugatti coupes, followed by 150 various variants. The coupes sold out in 2011, but 40 convertibles are still for sale.