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Update: Audi TT-RS – more images
Sun, 22 Feb 2009We did a piece yesterday on the Audi TT-RS teaser images released by Audi ahead of the TT-RS launch at Geneva in March. But now we’ve got some more pictures, even though they are not official Audi releases (excuse the less than normal quality). It would make much more sense for car makers to stop teasing and do things properly.
2011 Kia Magentis / Kia Optima revealed
Mon, 22 Feb 2010Kia has revealed the 2011 Kia Optima / Kia Magentis ahead of a reveal at the New York Motor Show in April You might reasonably expect that Kia are teasing the 2011 Kia Magentis (or Kia Optima, as it is in the US) ahead of a reveal at the Geneva Motor Show. After all, every other car maker is at it at the moment. But Kia are teasing this ahead of the next big motor show after Geneva – the 2010 New York Motor Show – which isn’t until April.
Daimler agrees to unload remaining Chrysler stake
Mon, 27 Apr 2009Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19.9 percent shareholding in Chrysler will be redeemed, and Daimler will forgive repayment of the loans extended to Chrysler, which were already written off in the 2008 financial statement," Daimler said in a prepared statement. All told, Daimler will write off $700 million as a result of the deal, according to the statement.