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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.

Infiniti to sell luxury EV in 2013

Infiniti plans to launch its first luxury electric vehicle in the United States and other global markets in 2013. Nissan Motor Co.'s luxury division said Friday that the Infiniti EV will be “a stylish, high performance five-seat luxury vehicle with zero emissions technology.” Infiniti first announced plans to market an electric vehicle last year but offered few details until now. It will be based on the same platform as the Nissan Leaf, an electric car scheduled to go on sale later this year.

Holden VF Commodore Calais V Concept

Holden has unveiled its new Calais V luxury sports concept, previewing the future design director of the carmaker's VF Commodore, which will be sold in the US as the Chevrolet SS. The halo car of GM's Australian arm is a clear evolution of the outgoing model, with an emphasis on greater percieved quality in order to appeal on a global scale. "You'll notice that the hood is more prominent, with a centre crease that emphasises performance potential and two raking spears sweeping in from the A-pillars," says Richard Ferlazzo Holden Chief Designer - Creative Design.