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Nissan GT-R beats the Germans - again!
Thu, 22 Jan 2009By Gareth Evans Motoring Issues 22 January 2009 13:23 Prospective buyers of the Nissan GTR have another reason to brag over their German competitors thanks to the latest residual value figures released by CAP Monitor. After 12 months or 10,000 miles, independent used car valuation data provider CAP Monitor predicts the new GTR will be worth 84% of its new list price. This puts the latest Godzilla incarnation well ahead of rivals from Porsche, Audi and BMW.
Ford, GM post biggest drops, industry sales slump continues
Wed, 01 Apr 2009Ford Motor Co. and General Motors posted the sharpest sales declines among major automakers as the industry headed toward its sixth straight monthly drop of more than 30 percent. Ford's March sales fell 42.1 percent and GM's were down 44.7 percent, for its fifth decline of more than 40 percent in the past six months.
GM names Stracke to succeed Reilly as CEO of Opel/Vauxhall
Thu, 17 Mar 2011General Motors on Thursday named global engineering chief Karl-Friedrich Stracke to replace Nick Reilly as CEO of its money-losing Opel/Vauxhall unit, effective April 1. Stracke will report to Reilly, 61, who continues as the head of GM's European operations and will be nominated to chair the Opel supervisory board. Stracke, a German native, has led GM's global vehicle engineering operations for the past 15 months.