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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.
2012 BMW 6-series coupe revealed in production trim
Sat, 12 Mar 2011Following an initial preview in a lightly veiled concept car shown at the Paris motor show, BMW has finally revealed the definitive production version of the 6-series coupe. Set to get its first public airing at the Shanghai motor show in April, the upmarket coupe is planned to follow the 6-series convertible into North American showrooms later this year, providing BMW with a contemporary two-door to rival the Jaguar XK and the Mercedes-Benz E-class coupe. The BMW was shown by AutoWeek this fall (“Sexy 6-Series,” AW, Oct.
Mazda Mazda6 [w/Gallery]
Wed, 29 Aug 2012Mazda gave its Mazda6 its world debut today at the 2012 Moscow auto show. The Mazda6, which is the production version of the Mazda Takeri concept first seen at the Tokyo motor show last year, follows the automaker's new ‘KODO - Soul of Motion' design language. The Mazda6, which measures in at 4,800mm long, 1,840mm wide, 1,450mm high with a wheelbase of 2,830mm, features the ‘signature wing' - an element of the new design language - set into the front, while the creases extending from the tips flow into body character lines.