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Chrysler to axe a quarter of its staff

Chrysler is to cut a quarter of its staff - up to 5000 jobs By Tim Pollard Motor Industry 24 October 2008 17:05 The credit crisis gripping the world's economy struck Chrysler again today – the car maker announced it would cut a quarter of its staff by the end of the year. Although exact figures haven't been issued yet, it looks like as many as 5000 jobs could be axed. Analysts in Detroit are seeing today's announcement as a sign that the possible GM-Chrysler merger being discussed could come to fruition.

GM exec sees room for Subaru BRZ/Scion FR-S fighter

Chevrolet unveiled two stylish concepts at the 2012 Detroit auto show. One, the Tru 140S, was a bit of a poser -- its exotic looks belied its hypothetical low price point and its front-wheel-drive underpinnings. The boxy red Code 130R, on the other hand, had the potential to be dynamite.

Up in smoke: Smokey Yunick's garage burns

Legendary NASCAR mechanic Smokey Yunick closed the "Best Damn Garage In Town" long before he died in 2001. But the main concrete-block, tin-roofed building on Beach Street in Daytona Beach, Fla., remained a stop on the NASCAR history trail for visiting faithful until Monday night, when fire destroyed the building. The building housed Yunick's office and a medium-size garage and more recently served as office space for Carbon Press, the publishing company that Yunick's daughter, Trish, operates and which produces products that include Yunick's salty 1,100-page autobiography and biographies of other racing personalities.