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Chrysler investigated after collapse of Getrag deal
Thu, 26 Mar 2009The state of Indiana is investigating Chrysler LLC for securities fraud over the collapse of a joint venture with Getrag Transmission LLC. Jim Gavin, a spokesman for Secretary of State Todd Rokita, today confirmed a Kokomo Tribune report that said the investigation began two weeks ago. "There have been no complaints or allegations made," the paper quoted Rokita saying in a speech Tuesday.
Fewer learners crashing mid-test
Tue, 29 Apr 2014A CRASH in the midst of your driving test is not a good start to your life on the road, but this year it's being predicted that these calamities will take a huge dive. Research from IntelligentCarLeasing.com reveals a downward trend in mid-test collisions. Last year there were 22% fewer than in 2009.
Porsche confirms smaller four-cylinder engines
Tue, 25 Mar 2014Porsche has confirmed it will reduce its CO2 emissions by introducing four-cylinder engines in the next Boxster and Cayman models. CEO Matthias Müller told Germany’s Auto Motor und Sport magazine that road cars will follow the lead set by the Le Mans Porsche 919 we first saw at Geneva, by being fitted with smaller, turbocharged engines. 2014 Porsche Boxster and Cayman GTS revealed Porsche 919 Hybrid at the 2014 Geneva Motor Show Although Porsche hasn’t officially given any performance figures for the new four-cylinder petrol engine, Müller reportedly said it would boast up to 400hp – making it more powerful than the outgoing six-cylinder models, including the range-topping GTS unveiled last week.