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Chrysler in crisis

By 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’.

BMW 3 Series GT Spied

2012 BMW 3-Series GT caught being transported I can’t say we’ve really laid awake at night thinking about it, but the reveal of the BMW 3 Series GT must be getting close. As, for that matter, must the whole new 2012 BMW 3-Series. We first reported that BMW were making a 3-Series GT back in 2009, but we did know they wouldn’t be building one on the current platform, waiting instead for when the new 3-Series due to put in an appearance, probably at Frankfurt in the Autumn (if not before).

McLaren to bring F1 GTR, LM and Longtail to Goodwood

McLaren is taking the 24 Hours of Le Mans off this year -- actually, it has taken the last 14 years off -- and is instead concentrating on a British tradition: the Goodwood Festival of Speed. The company confirmed it would bring the 1995 Le Mans-winning McLaren F1 GTR to take on the hill this year. It will be joined by the one-off prototype McLaren F1 LM, as well as the Gulf-liveried McLaren F1 GTR Longtail, which claimed second place in 1997.