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News watch October 2010: today's auto industry news
Fri, 29 Oct 2010Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Friday 29 October 2010• Spyker has announced third-quarter losses have increased since its takeover of Saab. Spyker lost £35 million in 2010, compared to £3.6 million last year (BBC News)• GM will repay $2.1 billion of the Obama government's preferred stocks.
Barrichello wins for Brawn in Monza
Sun, 13 Sep 2009Barrichello wins the Italian Grand Prix in Monza The Brawns trailed Hamilton, Raikkonen and Sutil in the first stage of the race with their one-stop strategy, but the dividends of that strategy paid off with the Brawn duo taking the lead after the second pit stops by McLaren, Ferrari and Force India. Hamilton, in the McLaren, had a good race, and was challenging Button for second place in the closing stages. But, having got to within a second of Button on the last lap, he crashed out – probably by trying a bit too hard.
Fiat plans Chrysler makeover in 2011
Tue, 30 Nov 2010Chrysler is to get a complete overhaul in 2011. After months of uncertainty, its new masters at Fiat are planning a raft of new models and targets to more than double UK sales. Despite only selling 2692 Chryslers in the UK during 2009, Fiat and Chrysler marketing director Elena Bernardelli told Business Car magazine she expects Chrysler sales to exceed 6000 in 2011.