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Ford reportedly to shut down Mercury
Thu, 27 May 2010The Mercury brand, rumored to be on the verge of death several times over the past decade, would be shut down under a plan being prepared for Ford Motor Co.'s board of directors, Bloomberg News reported on Thursday. Citing two executives who have knowledge of the plan but asked not to be identified, the news service said the plan would be submitted to Ford's board in July. How quickly Mercury would be shut down depends how quickly the automaker can convince Lincoln Mercury dealers to close or merge with a Ford-brand dealership, the report said.
Volkswagen Golf GTI 35 (2011) first pictures
Mon, 09 May 2011Volkswagen has just announced the 35th anniversary model of the Golf GTI. Like the Golf GTI 30 before it, this is a limited edition hot hatch loaded with extra kit and power. How powerful is the VW Golf GTI Edition 35?
De Tomaso bites the dust – again
Sun, 08 Jul 2012De Tomaso has filed for bankruptcy again after failing to complete any of the deals Gian Mario Rossignolo had claimed would save the brand. De Tomaso has never had a an easy time of things despite building a few cars – well, the De Tomaso Pantera, at least – which had real appeal. After its last bankruptcy, former Fiat executive Gian Mario Rossignolo rode in as a white knight to put De Tomaso back on top – or so we thought.