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Audi A2 concept (2011) first official pictures
Tue, 06 Sep 2011The original Audi A2 was ahead of its time – it was small and fuel efficient, but its all-aluminium construction made it costly before the world was ready to pay a premium for a small car. But now it’s back, and to preview the new A2 being launched in 2015, Audi is unveiling this A2 concept car at the 2011 Frankfurt motor show next week. What is the new Audi A2?
Fiat 500 in New York
Sat, 06 Jun 2009The Fiat 500 on Wall Street - Image by AP Fiat has obviously taken a good look at what BMW has managed with the MINI and thought ‘We can do that’. After all, the Fiat 500 is a car very similar in concept to the MINI. Designed to evoke a motoring icon, but made very much 21st century in its execution, both the MINI and the Fiat 500 have gone down a storm in Europe.
Chrysler's main creditors reach deal with U.S.; others hold out
Tue, 28 Apr 2009The U.S. Treasury Department has reached a tentative debt-reduction agreement with Chrysler's main creditors but still must get other lenders to sign on for the deal to take effect, three people with knowledge of the talks said today. The accord with JPMorgan Chase, Citigroup, Goldman Sachs and Morgan Stanley would reduce Chrysler's $6.9 billion debt to $2 billion, which would be repaid by Chrysler in cash, they said.