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European brands eye U.S. market for new small luxury cars

As head of Mercedes-Benz USA in the late 1990s, Mike Jackson was determined to keep the ungainly, expensive A-class small car out of the United States. "The original A-class, you would say, 'Oh, my God. I will never be able to sell that to anybody.

KTM Crossbow (2007): first official pictures

By Tim Pollard First Official Pictures 04 January 2007 10:10 KTM Crossbow: the lowdown The world's biggest off-road motorbike manufacturer, KTM, is branching out into extreme sports cars. These first sketches of the Crossbow reveal Austria's answer to the Ariel Atom: a flyweight two-seater powered by a 220bhp Audi engine. 'It's a kind of Lotus Super Seven for the 21st century,' KTM's engineering boss told CAR Online.

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.