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Mercedes C-class AMG DTM (2012) at Frankfurt motor show
Fri, 16 Sep 2011Mercedes’ F125 concept might preview a hydrogen future for the automobile, but alongside this tech-laden show car Benz boss Dr Zetsche (with a little help from Michael Schumacher and Nico Rosberg) also unveiled a hardcore race car. It’s the Mercedes C-class Coupe AMG DTM, which will compete in next season’s Deutsche Tourenwagen Masters – think touring car, only with 4.0-litre V8s and rear-wheel drive chassis. Is the Mercedes C-class Coupe AMG DTM a C63 AMG Coupe under the skin?
Mazda to recall more than 500,000 vehicles
Thu, 19 Aug 2010Mazda plans to recall about 514,000 vehicles to repair power-steering systems that fail suddenly. The recall will affect the Mazda 3 and the Mazda 5 manufactured in Japan from 2007 to 2008, according to a report in Reuters. Currently, Mazda has filed recalls for 215,000 vehicles in the United States and more than 10,000 in China.
Chrysler's main creditors reach deal with U.S.; others hold out
Tue, 28 Apr 2009The U.S. Treasury Department has reached a tentative debt-reduction agreement with Chrysler's main creditors but still must get other lenders to sign on for the deal to take effect, three people with knowledge of the talks said today. The accord with JPMorgan Chase, Citigroup, Goldman Sachs and Morgan Stanley would reduce Chrysler's $6.9 billion debt to $2 billion, which would be repaid by Chrysler in cash, they said.