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Chrysler in crisis
Fri, 02 Mar 2007By Liz Turner, in the US Motor Industry 02 March 2007 04:28 The trouble with Chrysler: the background In 1996 when Chrysler opened its $1.1bn headquarters in Auburn Hills, 30 miles north of Detroit, executives joked that if things didn’t work out, they could always sell it as a shopping mall. Following DaimlerChrysler’s annual press conference on 14 February, local realtors are, no doubt, sneaking in to take measurements. Chrysler Group announced a staggering operating loss of $1.5 billion for 2006, and in the subsequent question time, DaimlerChrysler’s CEO Dieter Zetsche said the company ‘will examine far-reaching strategic options with partners’.
Gibbs launches new high-speed amphibian vehicles
Wed, 08 Feb 2012Michigan-based Gibbs Technologies has released two new high-speed, commercial-grade amphibian vehicles, named the Phibian and the Humdinga. The Phibian is a 30-foot-long, nearly 12-foot-tall craft capable of highway speeds on land and more than 30 mph (26 knots) in the water. Constructed mainly of carbon fiber, the Phibian can hold up to 15 people, including a crew of three.
Kia Picanto Quantum – a new ‘Originals’ model from Kia
Thu, 24 Apr 2014It’s the ‘Original’ Kia Picanto Quantum As a little urban runaround, the Kia Picanto is a perfectly decent offering. And now you can get a more ‘Original’ Picanto. Kia like to think of their ‘Originals’ range of models as having distinct personalities and get changed at regular intervals just like a fashion collection.