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Cadillac ELR – a Chevy Volt in posh clothes – confirmed
Thu, 18 Aug 2011The Cadillac Converj is going in to production as the Cadillac ELR When GM revealed the Cadillac Converj Concept at Detroit in 2009 it all looked very promising. But it came to nothing, despite rumours it was going in to production. But now it is going in to production, as the Cadillac ELR.
Infiniti JX crossover revealed at Pebble Beach
Thu, 18 Aug 2011After a month of teasers and tidbits, the Infiniti JX Concept was finally revealed in its entirety on Thursday in California, ahead of the Pebble Beach Concours d'Elegance. The seven-passenger, three-row crossover concept is expected to appear largely intact as the production 2012 Infiniti JX next spring. Styling cues were obviously borrowed from the Essence concept, but the JX also seems to have a bit of Volvo XC90 in the greenhouse and even a touch of Mitsubishi Lancer in the front grille aperture.
Chrysler says it needs another $2 billion in aid
Tue, 17 Feb 2009In submitting its viability plan to the federal government on Tuesday, Chrysler asked for an additional $2 billion beyond the $7 billion in loans it sought late last year and outlined further steps to cut costs. Chrysler said it will reduce fixed costs by an additional $700 million, cut 100,000 more units of production capacity, discontinue three more model lines and sell $300 million more in assets.