Rigid Industries 30611 Sr Series Marine; Led Light on 2040-parts.com

Chrysler to axe a quarter of its staff

Chrysler is to cut a quarter of its staff - up to 5000 jobs By Tim Pollard Motor Industry 24 October 2008 17:05 The credit crisis gripping the world's economy struck Chrysler again today – the car maker announced it would cut a quarter of its staff by the end of the year. Although exact figures haven't been issued yet, it looks like as many as 5000 jobs could be axed. Analysts in Detroit are seeing today's announcement as a sign that the possible GM-Chrysler merger being discussed could come to fruition.

Audi Q1 sub-compact SUV in 2016

The new Audi Q1 will look like a smaller Q3 (pictured) There was a time when saloon cars ruled the car sales charts, but they eventually went out of fashion to be replaced by the more practical hatchback. But, despite the demonising of the SUV by ‘green’ groups, compact SUVs/Crossovbers have become the favourite flavour for car buyers as they seek something practical and with the promise of a bit of go anywhere credentials (even if they are cosmetic rather than mechanical). So it’s no surprise to see cars like the Nissan Juke, Peugeot 2008 and Renault Captur starting to grab sales from small hatches.

Jaguar Land Rover: Tata to double annual investment to £1.5 billion

Tata to double investment in JLR Tata Motors has revealed that it plans to double annual investment in Jaguar Land Rover (JLR) to £1.5 billion. Just last week we reported that Tata Motors’ profits in the last quarter had been driven very much by the resurgence at Jaguar Land Rover, with JLR profits soaring while Tata Motors domestic profits declined. And it looks like Tata are keen to keep that momentum going with the announcement that they are to double annual investment in Jaguar Land Rover to £1.5 billion.