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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.
Lexus LF-Lc concept car (2012) first official pictures
Wed, 04 Jan 2012Now it's official. After the leaked images of the Lexus LF-Lc broke early before Christmas, today Lexus issues more official photos of its SC-alike concept car. The LF-Lc will be shown at the 2012 Detroit auto show, aka the North American International Auto Show, which kicks off next week.
Who's Where: Sangyup Lee appointed Bentley’s head of exterior design
Fri, 03 May 2013Sangyup Lee has been appointed Bentley's head of exterior design. He reports directly to Luc Donkerwolke, head of Bentley Styling and Design and taken up the position left by Dave Hilton. Korean-born Lee joins the British carmaker from Volkswagen/Audi's Advanced studio in California, where he held the position of chief designer of Exterior from January 2010.