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Chrysler dedicates resources to improving its vehicle interiors
Wed, 18 May 2011A few years ago, auto supplier Visteon Corp. graded Chrysler's interiors. It was simple to understand, a color-coded list, said Ralph Gilles, senior vice president of product design for Chrysler Group LLC -- green for good items, red for bad and yellow for areas of caution.
U.S. equity firm to invest $70 million in Saab
Thu, 20 Oct 2011Race-car fan and private-equity executive Alex Mascioli is pumping $70 million into Saab as the Swedish automaker works to stay afloat. Mascioli's firm, North Street Capitol, is buying $10 million in shares of Swedish Automobile, which owns Saab, and is also giving the company a $60 million loan to pay for the carmaker's reorganization. U.S.-based North Street Capital struck a deal in September to buy the Spyker sports-car business from Swedish Automobile for $44 million.
Pagani Zonda F Cinque – er, no it’s not!
Fri, 06 Mar 2009The mysterious 'Zonda F Cinque' - which is actually a Regular Zonda Cinque But we are still to see the Zonda Cinque (which is essentially a tamed-down Zonda R for the road) in the wild, and probably because of that the car sites around the world were full of a mysterious ‘Zonda F Cinque’ that was going to turn up at the Geneva Motor Show. But we had our doubts. We have pretty good contacts at Pagani, and although we knew that the Pagani coming to Geneva was in fact the Cinque (as well as the Zonda R) we wanted to work out where the rumour came from.