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De Tomaso gets an injection of Rupees to keep going

De Tomaso to get €100 million from India De Tomaso hasn’t had the most solvent history in the motoring world, and had been dormant until ex-Fiat man Gian Mario Rossignolo rescued the name – and some of the assets – from the liquidators. And he had big plans. The first of those plans was the underwhelming De Tomaso Deauville, a car which borrowed its name from a previous XJ-like saloon car from De Tomaso, but looked like the bastard child of a Porsche Cayenne and a 5-Series GT.

Americans plan to keep their cars longer, AutoPacific study finds

In another chilling sign that auto sales are likely to remain stalled, a new study finds that Americans intend to keep their cars longer, indicating a general concern about the industry and the overall economy. The number of new-car buyers planning to keep their rides more than four years has risen to 59 percent, according to a study released Tuesday by California marketing research firm AutoPacific. That's an increase from last year, when about 45 percent of new buyers intended to wait more than four years for their next purchase, and it's up from 2005's tally of 46 percent.

Bugatti sells its last Veyron

Bugatti has sold the last of its 300 Veyron 16.4 supercars. The customer of the final Veyron is based in Europe and is new to the Bugatti marque. Bugatti Veyron: the controversial king of the supercar world Volkswagen Group picked up the Bugatti name in 1998, following the 1995 bankruptcy of Romano Artioli's Modena-based Bugatti factory, which had produced the EB110 quad-turbo V12 supercar.