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Chrysler sold in £3.76 billion deal
Thu, 17 May 2007By Ben Whitworth Motor Industry 17 May 2007 09:38 Chrysler has been sold. In one of the biggest private equity deals seen in the automotive industry, Cerberus Capital Management has purchased 80.1% of Chrysler in a £3.76billion deal, leaving DaimlerChrysler with the remaining 19.9% stake in the loss-making company. The move marks the close of arguably the most high-profile transatlantic merger and shuts the door on Canadian car assembly giant Magna and billionaire Kirk Kerkorian, who last month offered £2.27billion for Chrysler.
Cobra Tag keeps track of your stuff
Wed, 27 Apr 2011Your smartphone can locate the nearest sushi restaurant. It can stream live television. It can facilitate a Scrabble game with your friend who lives in a different state.
Chevrolet Malibu
Thu, 21 Apr 2011Following on from our earlier report on the all-new 'gloabl' Chevrolet Malibu come these official images from Chevy. The 2013 year model, is more than just a restyle of the outgoing model. Gaining inches in all dimensions, the Malibu also places a focus on aerodynamics to gain best in segment efficency.
