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Press leaving Chrysler, report says

Chrysler Group Deputy CEO Jim Press is planning to leave the company before the end of the year, according to a report Friday by The Wall Street Journal, citing unnamed sources. Press, 62, is expected to leave before December, one of the newspaper's sources said. Chrysler spokesman Gualberto Ranieri declined to comment on the paper's report.

UK's emergency Budget 2010: how it affects motorists

Chancellor George Osborne will make the emergency spending cuts on Tuesday 22 June By Tim Pollard Motoring Issues 21 June 2010 09:51 The new UK Government's emergency Budget tomorrow is likely to announce a raft of spending cuts and tax rises bound to affect motorists.  The new Conservative-Liberal coalition government is taking the unusual step of holding an emergency summer Budget to reduce the national deficit, which stood at £156bn in 2009-10. The senior Cabinet members signed off the details of the Budget on Friday, but the details won't be confirmed until Tuesday 22 June 2010.Here's our preview of what to expect if you're a car owner:VAT riseMost pundits agree that the rate of value added tax will rise from today's 17.5%. If raised to 20% – the upper limit expected – it could raise an extra £11 billion a year for Government coffers.

2015 Audi TT & TTS Coupe OFFICIAL: Geneva Motor Show

The 2015 Audi TT arrives at the Geneva Motor Show Audi hasn’t quite been to the Porsche school of car design for the 2015 Audi TT, but no one is going to accuse Audi of a radical departure for its third generation sports coupe. But despite familiar looks and profile, there is a lot going on in the new TT. The design is crisper and the front end is bolder with a more prominent grill, the new headlights get new LED graphics, the bonnet is more contoured and the Audi four rings move on to the bonnet – just like the R8.