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Chrysler is set to invest $500 million in Toledo Jeep assembly plant

Chrysler 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.

Peugeot Exalt concept (2014) updated for Paris motor show

By CJ Hubbard First Official Pictures 05 September 2014 16:47 Peugeot has updated its Exalt concept car for the 2014 Paris motor show. Compared to the version that appeared at the Beijing motor show in April, the revised Peugeot Exalt features a new colour scheme, new materials – and an electric scooter in the boot. To recap, the Exalt is a large saloon that follows on from the Onyx concept of 2012.

Codemasters extends game agreement with Formula One

Codemasters will continue as makers of the Formula One video game, the company said on Tuesday. It extended its deal with F1 honcho Bernie Ecclestone and friends and will work to expand the F1 video-game line across new platforms and to new audiences in the coming years. Codemasters was founded in 1986 by game-designing brothers Richard and David Darling.