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Chrysler to axe a quarter of its staff

Chrysler 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.

Trio of Range Rover Hybrid prototypes completes trek from Solihull to Mumbai

A team of three Range Rover Hybrid prototypes has just completed a 53-day journey from Solihull, England to Mumbai, India. The route retraced the centuries-old Silk Trail, taking the team through 13 countries. The trucks and drivers experienced just about every type of terrain, as well as temperatures ranging from -10 degrees Celsius to 43 degrees Celsius, the latter translating to a very uncomfortable 109.4 degrees Fahrenheit.

Volvo S60 sedan shown at the Detroit auto show

Showing a new direction inspired by Scandinavian design, Volvo displayed a concept vehicle at the Detroit Auto Show that previews the new S60 sedan, due in 18 months. The car has a new face--with angled headlamps, a coupe roofline and no B-pillar--and an interior with the "environment of a modern Scandinavian living room," said Steve Mattin, Volvo senior vice president of design. The car's more emotional look is part of a longer-term strategy to give Volvo a more exciting image in the United States through changes in product design and marketing, said Stephen Odell, CEO of Volvo Car Corp.