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Fall in drug-driving admissions
Fri, 07 Feb 2014THE NUMBER of motorists admitting to drug-driving is falling, according to Government figures. Just 0.5% of motorists said they had driven under the influence of drugs during the 2012/13 financial year compared with 1% who owned up to this offence during 2011/12. Based on a survey by the Office for National Statistics, the figures also showed that 6.4% of motorists had admitted drink-driving at least once in 2012/13 compared with 7.4% in 2011/12.
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.
Nissan Hi-Cross Concept at 2012 Geneva motor show
Wed, 07 Mar 2012Nissan made constant reference to being ‘owners’ of the crossover concept during their Geneva press conference. From the Murano to the Juke, via the Qashqai, rugged urban transport has been one of its big success stories (alright, maybe not the Murano). The seven-seater Hi-Cross Concept, premiered here, showcases some of the styling ideas that Nissan could filter through to future production models and also features a hybrid drivetrain and new version of its CVT gearbox.