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Everything you need to know about the Penske-Saturn deal

16 June 2009

Let’s face it. Pretty much everything happening within GM is big news these days. But when legendary racecar driver and business mogul Roger Penske says he wants buy Saturn from the bankrupt automaker — that’s a top of the fold, front-page story. But, just in case you haven’t been following this deal from day one, [...]

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Le Mans Début for New Audi R15 TDI

11 June 2009

Ingolstadt/Le Mans – Logical lightweight construction, downsizing, efficiency and the best possible aerodynamics – the same subjects which currently occupy the brains of the automobile industry development departments are also key elements in the 24 Hours of Le Mans held for the 77th time on the weekend of June 13/14. In the world’s most famous endurance [...]

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Edward Whitacre, Jr. named chairman of New GM

09 June 2009

Edward Whitacre, Jr., former chairman and CEO of AT&T Inc., has been named chairman of the General Motors. Whitacre will replace current interim chairman Kent Kresa when GM emerges from restructuring later this year. Whitacre, four other board members, and a slew of new directors will act as the “nucleus” of the New GM, the [...]

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In the market for a car? This may be your weekend…

06 June 2009

DES MOINES, Iowa – If you’re looking for a new Chrysler, Dodge or Jeep, this just might be your weekend. Chrysler dealers who will lose their right to sell new cars as early as Tuesday need to unload the remaining cars and trucks on their lot or face getting stuck with them. Chrysler, which has filed for [...]

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GM bankruptcy changes more then just their attitude

02 June 2009

After filing for bankruptcy protection, General Motors is pushing a new ad campaign promising it will emerge from its financial troubles leaner and stronger. Is this a good marketing approach? Will it allay consumer fears about buying from a carmaker with an uncertain future? Advertising experts say GM — and fellow Chapter 11 filer Chrysler — should [...]

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Lamborghini partners with Zircotec for the Murciélago LP 670-4 SuperVeloce weight reduction program

01 June 2009

Zircotec’s high performance Thermohold® based thermal treatment helps reduce the weight of the Murciélago LP 670-4 SuperVeloce. Automobili Lamborghini has selected automotive coating specialist Zircotec to supply a high performance thermal barrier for the lightweight Murciélago LP 670-4 SuperVeloce. The ceramic based thermal coating is applied to the exhaust system and reduces the need for heat [...]

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Audi and Xbox 360 Join Forces for Highly Anticipated Debut of Forza Motorsport® 3

01 June 2009

LOS ANGELES, CA – The hottest name in racing games and the world’s most progressive maker of sporty luxury cars announced they have forged a partnership centering on the highly-anticipated debuts of the 2010 Audi R8 5.2 FSI quattro and Xbox 360’s “Forza Motorsport 3” later this year. The announcement came today as part of the [...]

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Chrysler dealers to use “everything must go” motto

26 May 2009

DETROIT – At 789 Chrysler lots across America sit 44,000 potential bargains, cars and trucks that are stuck between shellshocked dealers and a troubled company that no longer wants their services. The dealers have just a few weeks to sell the Chryslers, Dodges and Jeeps or risk losing thousands of dollars on them, giving people who [...]

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24 Hours of Le Mans: New Rules, New Competition, New Event Poster

23 May 2009

This 77th edition of the greatest endurance race in the world will be the first one to use the new ACO rules. These rules will be progressively put into place between 2009 and 2011, with essential directions for the future of the race in terms of sporting equity, safety, reduction in costs and in terms [...]

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Volkswagen and Porsche break off talks

23 May 2009

BERLIN – Volkswagen AG said Sunday it was indefinitely postponing talks over a planned integration with Porsche SE, but the sports car maker insisted that only the next round had been canceled. As the power struggle between two of Germany’s leading automobile companies appeared to increase, Volkswagen spokesman Peik von Bestenbostel told The Associated Press that [...]

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Celebrities pack first DTM event

16 May 2009

Ingolstadt/Hockenheim – This year, the races of the DTM will be broadcast in real time or later in 86 countries on four continents, thus marking a new record for the most popular international touring car racing series in which Audi has the chance to achieve a historic hat-trick by clinching the third title in a [...]

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GM informs 1,100 dealers that they will be shut down

16 May 2009

DETROIT – A day after Chrysler LLC said it was cutting 800 dealerships, General Motors Corp. on Friday told about 1,100 of its U.S. dealers their franchises will be terminated late next year. GM said the move targets “underperforming” dealers with small sales volumes and markets in which they are not competitive. “Dealers are not a problem [...]

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