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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’.

Why aren’t Porsche 911 GT3 owners in the UK being compensated?

UK owners of the 911 GT3 aren’t getting compensation It does seem reasonable that if you buy a car you subsequently can’t use because of a design flaw, that the car maker pays you compensation for loss of use. So when Porsche ordered owners of the 911 GT3 to stop using their cars after a fire risk was revealed thanks to a faulty connector, it seemed certain owners would be in for some payback from Porsche. But despite offering US owners of the GT3 $2,000 a month for loss of use, up to $4,000 a month for those in the Middle East and €175 a day for German owners, UK owners of the GT3 aren’t getting a penny.

VW Golf R Diesel on the way? VW R Division see Diesel & 4WD as the future

VW Golf R Diesel in the pipeline? The VW Golf R is the perfect, grown-up hot hatch. With its more parsimonious 4-pot engine (down from a V6 in the last top-end Golf), great performance and 4WD it’s the connoisseurs hot-hatch.