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Rockford, Illinois, US
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Mustang cocreator Donald Frey dies
Tue, 23 Mar 2010Donald Frey, a senior product planning manager at Ford Motor Co. in the 1960s who along with Hal Sperlich and Lee Iacocca developed the iconic Ford Mustang, died on March 5 in Evanston, Ill., from a stroke. He was 87 years old.
Quarter of car sellers 'lie'
Mon, 07 Apr 2014MORE THAN a quarter (28%) of people selling a car admit to telling a ‘white lie’ to help the sale go ahead. The statistics are higher among young car sellers aged 18-25-years old, where 33% admit to lying to make sure their cars is sold. A study commissioned by vehicle history service HPI found 11% of sellers admitted to hiding problems with their car, while 9% are prepared to alter the mileage of their car to achieve a better price.
TVR sold
Thu, 22 Feb 2007By Tim Pollard Motor Industry 22 February 2007 10:30 Russian businessman Nikolai Smolenski is back in charge of the failed TVR business - and looks set to move production abroad. The deal was announced on Thursday evening, after the administrators PKF Partners struck a deal with Smolenski to buy TVR's assets for an undisclosed sum, thought to be in excess of £2m. The Russian businessman bought TVR in 2004 for around £15m, but sales stalled and the Blackpool factory crashed into administration at Christmas time.