Chrysler has announced a new 'employee pricing plus plus' incentive programme for all customers offering employee prices for all 2008 and 2009 models plus discounts of up to US$3,500 on 2009 model year vehicles and $6,000 on 2008 models.
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A US senator has told the new president Chrysler should repay the recent federal loan it received recently if Fiat takes a majority stake
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He is a piece of work that Marchionne. He knows that Chrysler has got to go back to Congress on 31 March and tell the custodians of the public purse what they are going to do to turn the company around.
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Vehicle production in Turkey reached 1,147,110 units of production in 2008, which was 4% ahead of 2007's level.
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Schaeffler Group owner Maria-Elisabeth Schaeffler wants to become supervisory board chairman at Continental, the Financial Times Deutschland reported Friday, citing a company insider. Mrs.
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S60’s accident breakthrough
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Volkswagen's Spanish unit Seat has unveiled a Leon-based petrol/electric hybrid prototype with 'Twin Drive' technology.
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Volkswagen's Spanish unit Seat has unveiled a Leon-based petrol/electric hybrid prototype with 'Twin Drive' technology.
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Toyota Motor is considering cutting full-time employees in Britain and North America, in an unprecedented step for the world's largest automaker, a company source familiar with the matter said.
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Toyota is considering cutting full-time employees in North America and the UK, a company source familiar with the matter said.
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TOKYO/DETROIT (Reuters) -- Toyota is considering cutting full-time employees in North America and the UK, a company source familiar with the matter said.
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U.S. sales of gasoline-electric hybrids fell 9.9 percent in 2008, after rising with gasoline prices early in the year and falling along with fuel costs and a collapsing auto market at the end. Automakers sold 315,761 hybrids last year, 2.
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Chrysler LLC, reeling from plunging U.S. sales and bulging inventories, will offer all customers the same prices paid by employees and boost rebates to as much as $6,000.
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Ford's Escape is one of the original compact SUVs that have become so popular. As fuel prices climbed over the years, this segment grew in strength as people sought the benefits of SUV ownership while rejecting the atrocious fuel economy of larger, V8-powered rigs.
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Only two more days remain for auto enthusiasts to check out the Montreal International Auto Show (MIAS). This year's show has been a success- with over 90 percent of surveyed visitors indicating that they were satisfied with their experience. The majority of those in attendance say that they're planning to re-attend next year.
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After losing their main sponsor last year, the Wood Bros. will be able to field their famed No. 21 car in the 2009 Daytona 500 and 8 others races throughout the year, including the season-ending Ford 400 at Homestead-Miami Speedway.
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Lexus's second attempt at a convertible offering will definitely be better than the first. At over $78 grand, the luxurious SC 430 is way too expensive and doesn't really stand out in the high-end convertible segment.
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