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Maserati banks on Chrysler to boost global sales

Fiat CEO Sergio Marchionne has bold plans for the automaker's Maserati luxury sports car unit: to boost annual sales almost tenfold to 50,000 units from 5,675 last year. Three new models are key to this midterm goal and all are based on systems and components from Chrysler Group. Maserati will introduce two new sedans to replace its Quattroporte flagship model using technology from Chrysler's large sedans such as the Chrysler 300 and the Dodge Avenger.

Chevrolet expanding into South Korea

Chevrolet, the most famous and best-selling General Motors brand, will expand into South Korea in 2011, the automaker said on Wednesday. Enthusiasts in South Korea are in for a treat: At the Busan International Motor Show where the announcement was made, Chevy showed a Camaro, which will be one of the products offered. Last year, Chevy accounted for 44 percent of GM's global sales and saw a sales increase of 21 percent over the previous year.

Concept Car of the Week: Isuzu 4200R (1989)

In the eighties, General Motors-owned Isuzu was fairly successful, but it was suffering from a ‘plain' brand image. To gain recognition, it presented a series of concept cars such as the COA, COA III and Costa but the most effective was the stunning 4200R. Presented at the 1989 Tokyo motor show, the 4200R's graceful proportions and curvy volumes were highly acclaimed by the public and the press.