VW Pulled By Competing Incentive Offers For New SUV Assembly
S&P Delivers Junk Status On Tesla

Though still riding high all over equity markets, Tesla’s debt offerings took a severe hit in status when Standard & Poor’s bestowed a rating of junk status due to increased possibility of default by the EV automaker.

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Tesla: Toyota Desires Battery R&D Partnership, Panasonic Wants Gigafactory For Itself
Toyota Turns Away From Batteries, Toward Fuel Cells
Marchionne: Hybrids Will Help Chrysler Group Meet 2025 54.5 MPG Mandate

With the 2025 industry-wide fuel economy target of 54.5 mpg a decade away, Fiat Chrysler Automobiles CEO Sergio Marchionne believes “the house will make it” as far as all under the Chrysler Group umbrella are concerned, with a little help from hybridization of a number of models.

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BMW Investing In A Carbon-Fiber Future Beyond I, M Brands

On the success of a first-year sell-out of the i8 and high demand for the i3, BMW is making an additional investment into its joint venture with SGL Group, with the intention of introducing carbon fiber into models beyond the i and M collections.

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Nokia Enters Connected Vehicle Fight With $100M Investment Fund
Marchionne's Grand Vision For FCA Faces Hard Financial Road To Success

Though Fiat Chrysler Automobiles CEO Sergio Marchionne’s five-year plan announced this week may be ambitious, analysts are raising questions about how the plan will be funded — and how much will be needed — if it is to be successful, let alone live up to Marchionne’s vision.

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GM Expands Korea Design Center As Part Of Automaker's Small-Car Strategy

Over the weekend, General Motors opened their newly expanded GM Korea Design Center in Incheon, South Korea, doubling in size to prepare for new tasks related to the automaker’s overall plans for the small-car market via its Korean global hub.

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GM Sales Unaffected By Recall, Reveals China Expansion Plans

Reuters reports a lawsuit related to the 2014 General Motors recall crisis filed in federal court in California has placed airbag supplier Continental Automotive Systems U.S. at-fault for its role in the recall. Attorney Adam Levitt of Grant & Eisenhoffer proclaimed the supplier knew about the out-of-spec ignition switch at the heart of the recall as early as 2005, yet “did nothing to redesign its airbags” to deploy even when electrical power was cut, “nor did it warn NHTSA or the public.” Continental joins Delphi Automotive as the second supplier to face a lawsuit linked to the ongoing recall crisis.

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GM Invests $449M Into Next-Gen Volt Production
BMW May Build Second NA Plant To Fend Off German Rivals

In its battle against Mercedes-Benz and Audi for record sales, BMW is mulling over the possibility of a second plant in North America.

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Tesla Unveils $5 Billion Gigafactory
Panasonic, Partners Plan To Invest $1 Billion In Tesla Gigafactory

In the wake of Tesla shares hitting an all-time high of $259.20 after Morgan Stanley raised its target price to $320/share, battery maker Panasonic is gathering a few partners to go all in on a $1 billion investment in the automaker’s Gigafactory battery production plant.

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PSA-Dongfeng Deal Backed By EU, Skepticism Remains

The PSA Peugeot Citroen-Dongfeng-French government deal agreed upon by the three parties earlier this week received initial backing from the European Union, though skepticism remains as to whether the deal will bring stability to the ailing French automaker.

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  • RHD Will they allow Shell gasoline to fuel their cars, or only Chevron?
  • RHD No manual transmission available? No dice. At least you can swap out the wheels to allow for more than an inch of sidewall.
  • Master Baiter Great car. Too bad you can't find one, anywhere. They are made in Germany, which happens to be in a state of turmoil due to Biden's proxy war.
  • RHD The initial asking price is excessive by a power of ten. By the author's own words, it's slow, wallowy, has lousy steering, cramped back seats, and is based on the Torino. It has only 29,000 miles because no one ever wanted to drive this barge. Anything would be better than this outdated land yacht. To call it "mediocre" would be a compliment. 15 grand can buy a hell of a better vehicle than this heap from the days of poor build quality, half-assed emissions equipment, excessive thirst and warmed-over, obsolete equipment. Ford should be ashamed for building this junk, which would embarrass anyone owning it. The seller is hoping and praying that some incognizant drunk will accidently hit "buy it now" at three in the morning.
  • SCE to AUX $15,000?!Maybe $5-8k, since it is fairly clean. A Malaise-era 302 made 139 HP, and with the C6 behind it, got you to 60 in 13.8 seconds. It's a highway cruiser.Fords of this era rusted like crazy, too. I was raised on Fords of this era, so it has sentimental value - but not $15k worth, even with only 29k on it.