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Chrysler in crisis

By Liz Turner, in the US Motor Industry 02 March 2007 04:28 The trouble with Chrysler: the background In 1996 when Chrysler opened its $1.1bn headquarters in Auburn Hills, 30 miles north of Detroit, executives joked that if things didn’t work out, they could always sell it as a shopping mall. Following DaimlerChrysler’s annual press conference on 14 February, local realtors are, no doubt, sneaking in to take measurements. Chrysler Group announced a staggering operating loss of $1.5 billion for 2006, and in the subsequent question time, DaimlerChrysler’s CEO Dieter Zetsche said the company ‘will examine far-reaching strategic options with partners’.

Aston Martin finally reveals official V12 Zagato pictures

AM finally releases official photos of the production V12 Zagato The Aston Martin V12 Zagato finally gets its production car debut in Kuwait next week, and Aston manage to release a few official photos. It does seem odd that when AM has published the brochure for the Aston Martin V12 Zagato online (admittedly you had to hunt it out), complete with a fair number of photos, that they hadn’t got round to releasing any new official photos of the V12 Zagato to an eager fan base. But they’ve now managed to fix that, by releasing just three new photos.

Ralliart unit folds, but Mitsubishi keeps name

Mitsubishi will continue using the “Ralliart” brand name despite the demise of the Japanese racing parts company this week. Ralliart Inc., a wholly owned Japanese subsidiary of Mitsubishi Motors Corp., informed global distributors on Wednesday that it would cease business operations March 31. In the United States and Europe, Mitsubishi markets a Ralliart sports version of its Lancer, which has become a sporty halo car for the brand.