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Morristown, Tennessee, US
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Tesla Roadster Final Edition say goodbye to the Lotus platform
Mon, 26 Dec 2011Tesla Roadster Final Edition Tesla Roadster S production ends this year, and Tesla are saying goodbye to their first car with the Roadster Final Edition. Despite antipathy about the price and the range, the Tesla Roadster is the first proper electric sports car to hit the road – and sell. Tesla has managed to sell 2,600 Roadsters based on a Lotus platform since the Roadster launched, but production is now ending.
Italian firm buys stake in Aston Martin
Fri, 07 Dec 2012The former owner of Italian motorcycle maker Ducati has bought a 37.5-percent stake in financially strapped British car maker Aston Martin. The move means future Astons could use modern drivelines and electric architectures from Mercedes-Benz's AMG division, insiders with knowledge of the deal suggest. Private equity fund Investindustrial has signed a memorandum of understanding with current Aston Martin owner Investment Dar of Kuwait that will see it pay $240 million (150 million pounds) for the ownership stake.
U.S. safety officials deny airbag exemption for the Pagani Huayra
Tue, 09 Aug 2011U.S. safety officials have shot down Italian supercar maker Pagani's request that the Huayra coupe be exempted from needing advanced airbags--a move that means Pagani can't legally sell the car in the States. Safety rules require that all new cars sold in the United States be equipped with airbags that can automatically adjust deployment force based on the height and weight of the seat occupant.