Vintage Lincoln Zephyr Car Emblem on 2040-parts.com

Press leaving Chrysler, report says

Chrysler Group Deputy CEO Jim Press is planning to leave the company before the end of the year, according to a report Friday by The Wall Street Journal, citing unnamed sources. Press, 62, is expected to leave before December, one of the newspaper's sources said. Chrysler spokesman Gualberto Ranieri declined to comment on the paper's report.

Mercedes plots McLaren buyout

By Georg Kacher Motor Industry 04 October 2006 09:00 DaimlerChrysler is planning a bid for the McLaren Group, to gain full control of its F1 operation and production of the SLR supercar. CAR Online asked DC boss Dieter Zetsche if he was considering extending Mercedes' stake in McLaren, to give the Germans control. 'It's one of the options we might exercise,' he said.

Lexus RC Coupe revealed at Tokyo Motor Show

The Lexus RC coupe debuted on Wednesday at the Tokyo motor show. The RC coupe will available with two different powertrain options; the RC 350 will use a 3.5-liter V6 producing 314 hp, coupled with an eight-speed automatic gearbox including paddle shifters. The RC 300h will be fitted with a 2.5-liter inline four producing 176-bhp combined with an electric motor.