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July 6, 2010
Spyker has announced that the Dutch supercar manufacturer has completely paid General Motors for the purchase of Saab. The purchase was split into two payments, the last of which was due on July 15, but Spyker opted to send the full $24 million to Detroit ahead of time. The builder of the C8 Aileron says that the funds [...]
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June 21, 2010
Nissan says that it has accepted 14,000 orders for its upcoming Leaf EVso far – and of those reservations, about 90 percent are from people who don’t currently own a Nissan product, meaning the Leaf is bringing in a new audience. Those 14,000 reservations – $99 each – are refundable if buyers decide against the car [...]
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April 29, 2010
“We have experience you can’t buy,” said Sid. “Last year showed the auto industry can survive anything… last year was survival, now I’m looking for opportunities.”
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April 6, 2010
Wow—what a trip! I had a refreshing time in New York, first with NADA and then an overview of the New York Auto Show that opened later that week. NADA has appointed me to the Industry Relations Committee on a National basis, so I get to help with the reports each year to each manufacturer [...]
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March 4, 2010
Just unwrapped at Geneva is this extraordinary Porsche 918 Spyder concept car, a mid-engined two-seater combining supercar performance with just 70 grams CO2 per kilometre emissions and a fuel consumption of 3.0 litres/100 kilometres (94 mpg imp). Under those curvaceous lines hides a 500 bhp V8 plus three electric motors totalling 215 bhp offering a [...]
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February 27, 2010
With just a few days separating us from the Geneva Motor Show, the list of surprises continues to dwindle. The latest victim is the much-anticipated Ferrari 599 Hybrid which the automaker has confirmed will appear in Switzerland next week. The shots appear to have been taken from the show stand, so there’s no hard information [...]
