There has been so much Chrysler news this week with the possibility of a GM/ Chrysler merger in the headlines. Now there are rumors that Chrysler has killed the development of its new $3 billion Phoenix V6 engine program.
The killing of its new V6 engine program makes sense if Chrysler is about to merge with GM or even Renault/ Nissan. Both GM and Nissan have their own V6 engines that are definitely better than anything currently under the hood of a Chrysler. Last week Chrysler also killed the development of dual-clutch automatic transmissions. According to analysts a Chrysler merger is expected and Chrysler doesn't need to spend money on engine and transmission programs if GM and Renault/Nissan already have them.
Related posts:
- LA Auto Show: Honda Reveals the FCX Clarity...The Ultimate Green Car!
- Top 10 Least Expensive Cars to Own in 2008
- GT-RR R35 Demo Car: What Top Secret Te37s Would Look Like?
- LeMons: Chard Beef Racing
- Tips on the Top Family Used Cars for Sale in Australia
Related posts:
- Felipe Massa Wins the European Grand Prix
- AutoblogGreen for 11.26.08
- Shoppers of Nissan GT-R to face Dealer Mark-ups as High as $60,000 over MSRP
- Justene Jaro
- Rumormill: Alonso could have switched to Ferrari immediately
The 
People say "Detroit" deserves to fail. Maybe, but as you can tell by the map below of every manufacturing facility from the domestic automakers, they'll take pretty much the entire Midwest with 'em.
As is true for all tragedies, the 
Nothing says "we love America" more than "we hate everyone else." Domestic car dealers are clearly on the front lines of this downturn in sales and have turned to hating on foreign car companies. A dealer in South Carolina is running angry rants on the radio (listen 
Riots in Detroit used to be so common David Bowie wrote a song about it. The catastrophe that is the not-so-Big Three is no exception. People are 
With so many jobs in jeopardy and so much emotional investment in American companies, it isn't surprising people are playing the blame game. We have 
Nietzsche said "Faith means not wanting to know what is true." We wouldn't mention this to the hundreds of thousands of people who rely in Detroit for a job and don't want to be unemployed this Christmas. The congregants of Detroit's Greater Grace Church here are praying someone, anyone, performs a miracle and saves Ford, Chrysler and GM. They've gone so far as to pray over hybrids in a church based in Detroit. Sadly, they've already 
There's a great scene in the not-so-great The Glenn Miller Story where they're playing a song and a buzz bomb cuts out overhead, the clear sign the bomb will soon fall on someone. Everyone pauses. Silence. Explosion. Everyone, on stage at least, survives with the knowledge they were lucky this time but may not be so lucky again. We think most people are this stage. There's word of a 
