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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’.

McLaren P1 - full story at Paris motor show 2012

Journalists often talk of cars stealing the limelight at motor shows. If any larceny was witnessed at the 2012 Paris motor show, it was most likely occurring on the McLaren stand, where the stunning P1 hypercar made its world debut. This is the culmination of Project P12, renamed as the P1 concept car to reflect F1's obsession with first slot on the grid.

AC Ace (2006) first official pictures

By Richard Yarrow First Official Pictures 15 December 2006 09:30 Smart Roadster reborn as an AC It was only axed last year, but the Smart Roadster has sprung back to life as this – the all-new AC Ace. The band of British enthusiasts behind the project aim to start production of the rebodied sports car in mid-2007, with prices from £12,000 to £19,000. A deal to buy the rights and tooling jigs for the axed two-seater from parent company DaimlerChrysler is about to be signed, and there will also be a convertible version.