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Porsche considers North America, China production to grow sales
Mon, 17 Jan 2011Porsche may launch production in North America and China as part of a plan to double annual global sales to 200,000 units, CEO Matthias Mueller said. Mueller said the sports car maker's current German assembly plants in Zuffenhausen, near Stuttgart, and Leipzig, were too small for the brand to reach its ambitious goals. "We will consider this year whether to start production in Asia or North America," Mueller told the German magazine Focus in an interview published Monday.
Business groups call for Severn tolls cut
Mon, 30 Dec 2013BUSINESS groups are calling for a reduction in the Severn Bridge tolls as soon as the famous structure comes into public ownership. Following the recent announcement that tolls will be set to increase, the Federation of Small Businesses in Wales and the Freight Transport Association (FTA) have called for the tolls to be reduced to a level that only covers maintenance. In a joint statement the groups expressed their concern for the negative impact the increased tolls could have on the southern Welsh economy.
Up in smoke: Smokey Yunick's garage burns
Tue, 26 Apr 2011Legendary NASCAR mechanic Smokey Yunick closed the "Best Damn Garage In Town" long before he died in 2001. But the main concrete-block, tin-roofed building on Beach Street in Daytona Beach, Fla., remained a stop on the NASCAR history trail for visiting faithful until Monday night, when fire destroyed the building. The building housed Yunick's office and a medium-size garage and more recently served as office space for Carbon Press, the publishing company that Yunick's daughter, Trish, operates and which produces products that include Yunick's salty 1,100-page autobiography and biographies of other racing personalities.