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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.

Bristol in administration: sale expected in days

Bristol Cars could be sold within days, as the administrators are in exclusive talks with one bidder, CAR has learned. Several parties expressed an interest in the failed car maker, which collapsed into administration on 3 March 2011. Recovery specialist RSM Tenon is handling the sale and has reported a flurry of interest in Bristol Cars.

Aston Martin One-77 supercar (2009): first official picture

By Ben Pulman First Official Pictures 08 August 2008 00:01 This is Aston Martin’s new One-77, an ultra-exclusive £1.2m supercar-cum-work-of-art. A maximum 77 of these bespoke creations will be produced, hence the name, each one underpinned by an all-new carbonfibre chassis that supports a 7.0-litre V12 and handcrafted aluminium bodywork. One-77 is merely the project’s working title – the fastest, most exclusive Aston supercar ever will have a snappier name by 2009, when deliveries begin.