Toyota GM Denies Bid for Aston Martin

Toyota GM Denies Bid for Aston Martin
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It’s no secret; Toyota is buddy-buddy with British luxury automaker Aston Martin. The two firms have collaborated before, perhaps most famously the iQ-based Cygnet city car, and the latest gossip indicates is the “capital T” is interested in buying Aston. Continue Reading...

ALMS and Grand-Am Work with ACO to Ensure Series Success

ALMS and Grand-Am Work with ACO to Ensure Series Success
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One of the main concerns with the recent American Le Mans Series (ALMS) and Grand-Am merger was the involvement and relationship with the Automobile Club de l’Ouest (ACO), which is the organizing entity behind the 24 Hours of Le Mans. That can be put to rest however, as the organizations met with one another to… Continue Reading...

Porsche Skips Taxes on 4.5 Billion Euro Transaction… Legally

Porsche Skips Taxes on 4.5 Billion Euro Transaction… Legally
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If you’re wondering how to sell the controlling stake in a major car company for 4.5 billion euros and leave the tax collector hanging without legal worry, just ask Porsche. Continue Reading...

Fiat-Volvo Partnership a New Possibility

Fiat-Volvo Partnership a New Possibility
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A few years ago, Italian auto giant Fiat was very close to partnering up with General Motors. However, that deal went sour at the last minute and a few years after that, Fiat bought a big chunk of Chrysler in its quest to have a large slice of the American market. More recently, the company… Continue Reading...

GM Secretly Discussed Merger With Ford Before Bankruptcy Filing

GM Secretly Discussed Merger With Ford Before Bankruptcy Filing
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What if Ford and General Motors merged? The result would be a global automotive machine so inconceivably huge rivals like Toyota and Volkswagen might not even think of challenging it. And it would be awash with cash, and profits, cutting tremendous expenses at both automaker from research and development all the way to accounting. At… Continue Reading...

Porsche Casts Doubt Over Volkswagen Merger

Porsche Casts Doubt Over Volkswagen Merger
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Porsche is looking increasingly unsure over a potential takeover by Volkswagen, which currently holds a 49.9-percent stake in the sports car maker. Porsche Automobil Holding SE is the company that holds the 50.1% majority of Porsche AG, the manufacturing arm that actually builds the cars. But Volkswagen is looking to exercise an option that allows… Continue Reading...

VW Buying Spree Rumored To Include Alfa Romeo

VW Buying Spree Rumored To Include Alfa Romeo
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According to Car & Driver Euro-based blogger Jens Meiners, more than one of his sources within the Volkswagen Group suggest that they would like to take over Alfa Romeo from Fiat. According to Meiners, this move would allow Alfa to reach its ambitious sales targets, given that a takeover by VW would virtually guarantee class-leading… Continue Reading...

Production “Pause” at Chrysler

Production “Pause” at Chrysler
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Chrysler has just announced that starting this Friday (December 19th) it will cease production until January 19th – at the earliest. The month long “production pause” is not due to a lack of demand says Chrysler, which recently scheduled a meeting with dealers to assess the economic crisis. According to Chrysler dealers, 20 to 25… Continue Reading...