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Chrysler Group CEO and President Tom LaSorda takes reporter's questions and tries to explain some implications of the Group's upcoming sale to Cerebus. Going private is a good thing, so says LaSorda.
Volvo XC90 Crossover SUV after a year. Still a nice ride.
Private equity firm Cerberus is in the process of taking Chrysler Group out of the hands of the automaker formerly known as DaimlerChrysler AG (DCX). What will soon become Daimler AG will continue to own 19.9% of the new company - Chrysler Holdings LLC - with Cerberus owning the remainder. This is the end of the Jurgen Schrempp dream for Daimler-Benz to create a global auto colossus made up of Mercedes-Benz, Freightliner, Chrysler, Mitsubishi and Hyundai.
Private equity firm Cerberus is in the process of taking Chrysler Group out of the hands of the automaker formerly known as DaimlerChrysler AG (DCX). What will soon become Daimler AG will continue to own 19.9% of the new company - Chrysler Holdings LLC - with Cerberus owning the remainder. This is the end of the Jurgen Schrempp dream for Daimler-Benz to create a global auto colossus made up of Mercedes-Benz, Freightliner, Chrysler, Mitsubishi and Hyundai.
As the road began to curl up like a rattlesnake on a hot sandy desert surface, the Z began to strike the corners with just the right kind of balance a driver wants. While the Z has been tuned to push (under-steer) when driven fast into a corner, that trait can be overcome with your feet and the gearbox.
As the road began to curl up like a rattlesnake on a hot sandy desert surface, the Z began to strike the corners with just the right kind of balance a driver wants. While the Z has been tuned to push (under-steer) when driven fast into a corner, that trait can be overcome with your feet and the gearbox.
Saturn and Hyundai are the brands that have the most improved opinions year-over-year. HUMMER is the brand whose opinion has dropped the most.
GM Performance Parts Division shows its wares at Willow Springs
Mercedes announces a roadster version of its SLR McLaren. Is this a vehicle for those with more money than sense?
Corvette gets a new engine and an upscale interior for 2008.
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