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Chrysler's new problem is a shortage of vehicles

A two-month factory shutdown and the cash-for-clunkers government rebates accomplished a feat that had eluded Chrysler Group: It turned several slow-selling vehicles into scarce commodities. At the end of July, Chrysler had only a seven days' supply of Jeep Patriots, or 2,200 units, in dealer stocks. Sixty days is considered normal.

Shake-up at Tesla; a dozen UK orders

By Tim Pollard Motor Industry 16 October 2008 11:22 Electric car start-up Tesla is restructuring its US operation and laying off around 100 staff, as the credit crunch continues to make life difficult for car companies big and small. It’s now on its fourth CEO in 12 months, as founder Elon Musk takes over from Ze’ev Drori. In an announcement on the chief exec’s blog, Tesla Motors said it would be ‘cash-flow positive’ within six to nine months – but only by increasing production and cutting operating costs.

Anxious parents back tougher learner driver rules

PARENTS of young people are anxious about their offspring driving - with nearly three quarters in favour of probationary licences being given to new drivers. In a survey conducted ahead of the Government Green Paper on improving young drivers' safety, 82% of those questioned said the thought of their child driving on British roads made them feel anxious. A total of 60% said that was because of their lack of experience.