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Chrysler in crisis
Fri, 02 Mar 2007By 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’.
Ford to offer 4 vehicles in 2011 with certified EPA ratings of 40 mpg
Tue, 16 Nov 2010Ford Motor Co. expects the 2012 Focus compact to earn 40 mpg, giving the automaker four vehicles that produce 40 mpg or more in 2011. Three of the 2011s--the Fiesta subcompact SE with SFE package, Fusion Hybrid and Lincoln MKZ Hybrid sedans--have certified 2011 EPA ratings of 40 mpg highway/41 city.
Hyundai & Kia responsible for big positive impact on European economy
Wed, 27 Feb 2013A report by economics consultants London Economics reveals the big positive impact Hyundai and Kia are having on the European economy. We already know that both Hyundai and Kia are looking at 2013 more as an exercise in building their ’Brand’, rather than simply selling more and more credible cars. ‘Brand’ is often as much about perceptions as anything else, so if you can address any possible negatives for your brand, as well as producing cracking products, you’re on to a winner.