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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’.

McLaren P11 at Nurburgring – launch imminent

The McLaren P11 has been pounding round the Nurburgring ahead of a launch on 9th September Ahead of the launch of the P11, McLaren are pushing on with testing the P11, and our picture here is of the P11 pounding round the Nurburgring in final testing. The McLaren P11 is the first stage of McLaren’s plans to launch a range of three new cars in the next few years. The P11 is aimed directly at the new Ferrari 458 Italia and the Lamborghini LP560-4.

New Ferrari F150 Geneva debut confirmed on Instagram. But is it real? UPDATED

The new Ferrari Enzo (Ferrari F150 / F70) seems to have been confirmed for a debut at the 2013 Geneva Motor Show. But is it a real Ferrari Instagram account? Update: As we suspected, the ‘announcement’ on Instagram of the Geneva debut of the F150 was a fake.