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Subaru Levorg concept teased ahead of Tokyo debut
Wed, 30 Oct 2013The Subaru Levorg Concept Touring (pictured) will debut at the Tokyo Motor Show Today it’s the turn of another Japanese car maker to start showing what they’ll be taking to their home motor show in Tokyo next month, with Subaru teasing the Subaru Levorg concept. The Levorg concept – it’s name is made up from Legacy, Revolution and Touring – is said by Subaru to be a Tourer but with the feel of a sports car, whatever that means. Under the bonnet lurks a 1.6 litre Boxer engine with direct injection turbo tech which, say Subaru, offers smooth performance and green credentials.
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’.
CAR scoop: GM's $13 billion gamble (2013)
Mon, 30 Sep 2013By Ben Whitworth Motor Industry 30 September 2013 09:45 GM Europe has racked up enormous losses every year since 1999; in 2012 it bled $1.8 billion while GM North America earned $6.9 billion before tax. Yet the Detroit mothership continues to pump billions into its European division, like a deluded gambler convinced his luck will change. Max Warburton, automotive analyst at Wall Street researcher, Sanford C.