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Chrysler to axe a quarter of its staff
Fri, 24 Oct 2008Chrysler 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.
Ferrari FF rolls through snow, desert in video
Fri, 25 Feb 2011The buzz over the Ferrari FF has died down a bit since its initial unveiling in late January. But the fervor will rise again as the car gets a public debut at the Geneva motor show next week. To remind us how good the all-wheel-drive FF is, with its 660-hp V12, Ferrari released a video showing the four-seater going where most owners would not dream of taking it--on snowy roads and through the desert.
Toyota Yaris HSD Concept (2011): full photo gallery
Mon, 04 Apr 2011Toyota’s goal is to offer a hybrid powertrain in every one of its European models ‘as early as possible in the 2020s’. That means electrified drivetrains in everything from the Avensis to the Auris, and everything from 4x4s to sports cars in between. The Auris HSD (Hybrid Synergy Drive) was the first mainstream Toyota model to gain hybrid power in 2010, and up next is the new-generation Yaris.