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VW boss Bernhard quits

By Tim Pollard Motor Industry 12 January 2007 09:57 Volkswagen boss Wolfgang Bernhard has quit the company as part of a shake-up at Europe's biggest car maker. The news comes as little surprise after months of uncertainty and change at the top of VW. Bernhard built a reputation as an abrasive operator in his short stint as CEO of the Wolfsburg company and had numerous confrontations with unions as he pushed through more modern working practices.

Concept Car of the Week: Chrysler Lamborghini Portofino (1987)

In 1987, Chrysler purchased the bankrupt Italian carmaker Lamborghini to add an exotic brand to its portfolio. In celebration of its acquisition, Chrysler announced it would unveil a futuristic concept car at the Frankfurt motor show bearing a unique logo with the Italian raging bull framed inside Chrysler's famous Pentastar. It was during an internal aerodynamic study that designer Kevin Verduyn drew the lines of a four-seater sedan concept called the Navajo.

Fiat's Marchionne says he won't walk away from Chrysler deal

Fiat S.p.A. will not walk away from its plan to buy bankrupt Chrysler LLC, CEO Sergio Marchionne told Bloomberg after a U.S. court delay threw the deal into doubt.