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Aston Martin Includes V12 into Vantage

February 05, 2009 / by / 0 Comment

Aston Martin is coming out with its new 2009 model which is the hottest version in the two seat coupe. This one is revealed just a few days after the Rapide four-door was launched and the Vantage V12 happens to be the second of the four major launches from Aston this year. Apart from coming from the DBS convertible that would be sharing space in the Geneva festival in the V12 Vantage. It also comes with a new concept for the new-fangled Lagonda which is a dormant brand that Aston plans to revamp as a Maybach or a Rolls-Royce challenger.

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Audi Q5 Hybrid to Come Out Next Year

February 04, 2009 / by / 1 Comment

Audi has come up with a hybrid version of its very popular Q5 premium SUV in the United States that is about to hit the market in the year 2010 according to the reports presented by Wolfgang Hatz, the leader of the powertrain development unit in the Volkswagen group. The company further states that if the Audi emerges successful in United States, it would be launched in Europe as well.

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Producing One Million Electric Car

February 02, 2009 / by / 0 Comment

The Electric Vehicle Association has put forward some of the policies and the technology advances in order to meet the goal of producing one million electric vehicles set by the Obama administration. The Electric Drive Transportation Associated is also expecting to see the release of some new policies which the industry experts would recognise the technological shift from the gas-generated vehicles.

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Shelby and Ford Come Together for the GT ‘R-Model’

January 31, 2009 / by / 0 Comment

Shelby and Ford coming together with a Mustang isn’t something surprising, however it has become the norm these days. But at the same time as they do something that they haven’t done in the past forty years, the product is expected to be pretty special with a price tag of almost $100,000.

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Ford Credit Would Cut Down 20% of Workforce as Sales Drop

January 30, 2009 / by / 1 Comment

Ford Motor Credit would be cutting down 20% of its US work force since the auto sales fall down and the company would provide financing only for the lesser brands.More than 1,200 jobs shall be eliminated by the end of July and a spokesperson from the Automotive New named Margaret Mellott informed that there was a 21.8% decrease in the Ford Motor Sales last year. Mellott also added that the company is trying to keep the costs in line as compared to the level of receivables. Better details of the same shall be shared on Thursday when the manufacturer along with its finance unit would release their fourth quarter and the full year earnings report. The job cuts would start as early as mid-February and the reduction would primarily feature the involuntary layoffs and add in some more attrition as well as the retirement. The headquarters at Detroit in addition to the other business units shall be affected to a great extent.

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