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Stamford, Connecticut, United States
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2015 Toyota Camry unveiled in New York
Wed, 16 Apr 2014A good-looking Camry? What's next, one that handles well, too? Oh man, our world has been turned upside down!
Peugeot 2008 previewed as the Urban Crossover Concept: Beijing 2012
Tue, 24 Apr 2012The Peugeot Urban Crossover previews the Peugeot 2008 Peugeot has revealed the Urban Crossover Concept at the Beijing Motor Show which previews the Peugeot 2008 Compact SUV. We’ve already had the news that Peugeot won’t be building an estate or convertible version of the new 208, but they will be building an SUV and its almost certain to be badged the Peugeot 2008. And if we’re not very much mistaken, the Peugeot Urban Crossover Concept revealed today in Beijing is, minus a few concept fripperies and with a quick badge change, the new Peugeot 2008.
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.