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Watch Koenigsegg One:1 active aero in action
Fri, 11 Apr 2014Christian Von Koenigsegg and Drive are back with another installment of “Inside Koenigsegg.” Episode 3 focuses on the One:1's active rear wing. The naked carbon-fiber wing on the 1,360-hp Koenigsegg One:1 gets a front-top mounting, which reportedly causes less turbulence than a rear-mounted wing. The total weight is about 20 pounds, which von Koenigsegg claims is about 1/3 of what most active wing systems weigh.
Nissan Juke Nismo RS (2014) hotter Juke revealed, plus Qashqai Nismo confirmed
Fri, 22 Nov 2013By Ollie Kew First Official Pictures 22 November 2013 11:30 Nissan’s performance sub-brand, Nismo, has come out fighting. Just a day after revealing the supercar-humbling Nismo GT-R, the outfit has revealed this hotter version of the performance Juke: the Juke Nismo RS. It’s on sale in summer 2014, priced from around £22,000.
Chrysler posts $370 million net loss on costs tied to repaid loans
Tue, 26 Jul 2011Chrysler Group LLC, after recording its first post-bankruptcy profit three months ago, posted a net loss of $370 million in the second quarter due to costs tied to the repayment of government bailout loans. Chrysler incurred a charge of $551 million in paying back the U.S. Department of Treasury and the Canadian loans that kept the automaker afloat in 2009.