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Obama sought Ghosn to run GM, ex-car czar says
Fri, 03 Sep 2010The Obama Administration initially wanted Nissan-Renault CEO Carlos Ghosn to run GM after Rick Wagoner was ousted in 2009, and repeatedly pressed Fiat to put up cash for a stake in Chrysler, according to an upcoming book about the government bailout of General Motors and Chrysler. Steven Rattner, President Obama's auto adviser who steered the government's $85 billion bailout of GM and Chrysler, is about to publish a tell-all account about his six-month stint inside the White House. The Detroit News, Washington Post and Huffington Post obtained draft copies of the book--"Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry." It is scheduled to be published Oct.
Mercedes GLA 45 AMG Concept teased (video)
Tue, 19 Nov 2013Mercedes GLA 45 AMG Concept teased This was a surprise – the Mercedes GLA 45 AMG Concept. With Mercedes take on a compact SUV with the new GLA revealed at Frankfurt in September, we’d expected Mercedes would put the 4WD power plant from the A 45 AMG and CLA 45 AMG under the skin of the new GLA to make a very hot compact SUV. But we hadn’t expected it yet.
Mini to return to the WRC in 2011 with 4x4
Tue, 27 Jul 2010Mini is back in rallying, more than 50 years after it ruled the roost at Monte Carlo and beyond, giving a huge shot in the arm to the World Rally Championship. In typically audacious style BMW has announced it will campaign the Countryman SUV rather than the standard Mini, starting with selected WRC rounds in 2011 followed by the entire 2012 season.It’s also a return to WRC for Banbury-based Prodrive, the outfit behind Subaru’s legendary WRC success, who will develop the car and run the team. Prodrive last campaigned in the 2008 season, and have been developing the Countryman since early 2009.