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Chrysler is set to invest $500 million in Toledo Jeep assembly plant
Wed, 16 Nov 2011Chrysler Group plans to invest $500 million in its Toledo North Assembly Plant and hire a second shift of workers over the next year to build a new Fiat-based SUV for Jeep, as well as other vehicles. "This plant has been chosen to build the future Jeep SUV to replace the current Jeep Liberty that will be exported to markets all over the world," CEO Sergio Marchionne said at the plant Wednesday. "Jeep is at the heart of our plans to internationalize Chrysler, a process which is being accelerated by Chrysler's access to Fiat's distribution capabilities in Europe and Latin America." Toledo North is Chrysler's only assembly plant with only one shift of workers.
Jaguar XKR unveiled at Detroit auto show 2009
Mon, 12 Jan 2009By Tim Pollard Motor Shows 12 January 2009 22:46 Jaguar has had a busy Detroit, unveiling not just the new XFR super-saloon and its one-off, tricked-up 225mph salt-flats saloon special, but also the revised XK range.Echoing the changes to the XF range (and in the coming months, most of the Jaguar Land Rover range), the 4.2-litre petrol V8 has been upgraded to the new 5.0 V8. Jag calls it the third-gen AJV8, reflecting its growth through the years from its 4.0-litre origins. The latest engine benefits from direct injection for more precise control over the combustion process.The end result?
Tesla to work with others, Roadster priced at £92k
Tue, 19 Aug 2008By Ben Oliver Motor Industry 19 August 2008 09:21 Tesla has confirmed that it is working with several major car makers to develop affordable, fully-electric city cars, with the first going on sale as early as 2010. The established car makers will use the experience Tesla has gained developing the high-performance, £92,000 Roadster as a short cut to getting their own electric cars on sale. 'Smaller Teslas in the pipeline' Tesla plans to have its Model S five-seat electric hatchback on sale by 2010 in both the United States and Europe.