Delphi Engine Management Dem Eg10170 - Egr Valve on 2040-parts.com

Chrysler says it needs another $2 billion in aid

In submitting its viability plan to the federal government on Tuesday, Chrysler asked for an additional $2 billion beyond the $7 billion in loans it sought late last year and outlined further steps to cut costs. Chrysler said it will reduce fixed costs by an additional $700 million, cut 100,000 more units of production capacity, discontinue three more model lines and sell $300 million more in assets.

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’.

Michelin Challenge Design 2009 preview

The Michelin Challenge Design exhibit at the 2009 North American International Auto Show (NAIAS) will feature 11 scale models and 24 two-dimensional drawings  selected by a jury of top automotive designers. In the weeks leading up to NAIAS, Michelin Challenge Design will be profiling some of the selected participants and their work. One such participant is Zsolt Tarnok, whose 'Concept SsS' represents a new icon for America, combining design cues and traditions from the past with ultra-modern technology.