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Chrysler in crisis

By 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’.

Peugeot recall over airbag scare

CAR COMPANY Peugeot is recalling some of its 5008 models in the UK due to a possible airbag problem. Friction wear can occur on the driver's seat wiring harness. This can lead to an electrical malfunction and may cause the unwanted triggering of the driver's seat airbag.

2015 Chevrolet Corvette Z06 spied

The 2014 Chevrolet Corvette Stingray is heading to dealerships now, which means it's a perfect time to start salivating over the prospect of an even more extreme take on an American classic: The 2015 Corvette Z06. These spy photos give us a hint at what to expect when Chevy gets around to announcing the car. From the look of it, the next Z06, which some sources suggest may be called the Z07, will be even meaner looking than the base Stingray.