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Chrysler to axe a quarter of its staff
Fri, 24 Oct 2008Chrysler 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.
SsangYong will show XUV 1 concept at Frankfurt
Thu, 18 Aug 2011South Korean automaker SsangYong will have something to brag about at the Frankfurt motor show in September--namely, the new concept XUV 1. The XUV 1 is a small crossover vehicle with a shape similar to that of the Land Rover Range Rover Evoque. At least that's what we see from teaser photos released on Thursday.
2013 Fiat 500e: Electric 500 revealed ahead of L.A. debut
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