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Peugeot 4007 GT HDi 156 Review & Road Test Part 2
Sun, 28 Mar 2010Part 2 of our review / road test of the Peugeot 4007 GT HDi 156 France is a beautiful and diverse country with great wines and great food – and it’s the world capital of style and fashion. So it’s a bit of a shame with all that style and flair on their doorstep that Peugeot chose to graft a completely incongruous nose on the Mitsubishi Outlander to turn it in to a Peugeot. Still, it does look like a Peugeot so in that sense they succeeded.
Senate releases $350 billion more in bailout money
Fri, 16 Jan 2009The Senate voted Thursday to release a second round of $350 billion in federal aid to rescue financial institutions. The money could be the source of additional loans to automakers, auto finance companies and perhaps suppliers. An earlier allocation of $350 billion funded the first installments of emergency loans to General Motors and Chrysler LLC.
Chrysler sold in £3.76 billion deal
Thu, 17 May 2007By Ben Whitworth Motor Industry 17 May 2007 09:38 Chrysler has been sold. In one of the biggest private equity deals seen in the automotive industry, Cerberus Capital Management has purchased 80.1% of Chrysler in a £3.76billion deal, leaving DaimlerChrysler with the remaining 19.9% stake in the loss-making company. The move marks the close of arguably the most high-profile transatlantic merger and shuts the door on Canadian car assembly giant Magna and billionaire Kirk Kerkorian, who last month offered £2.27billion for Chrysler.