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Viper sports car division no longer for sale

By Ben Whitworth Motor Industry 13 July 2009 14:08 Viper’s yo-yoing lifeline looks to be finally secured after ailing parent company Chrysler said the sports car maker was no longer for sale. Rather than killing off its muscle-bound brand, last summer Cerberus-run Chrysler considered selling off the rights to the Viper, hoping to achieve around $10m for the Detroit assembly plant and brand equity to bolster its dwindling cash reserves and stave off imminent bankruptcy. After an initial surge of interest from similar-minded companies like Roush and Saleen, curiosity nosedived along with the global economy.

Race Is On For Leaf Owners To Reach Billion Kilometres

JAPANESE car maker Nissan is preparing the ground for a milestone celebration, as drivers of its popular Leaf electric vehicle race towards the billion kilometre mark. Nissan is creating a series of animated stories centring on the experiences of selected owners to mark the event. For example, Roberto, from Valladolid, narrates his own story as the first taxi driver in Spain to buy a Leaf, explaining that since buying the car in October 2011 he has covered over 100,000 km and eliminated three quarters of his running costs.

November a strong month for car sales

U.S. auto sales--led by BMW, American Honda and Volkswagen Group--rose 15 percent to 1.14 million in November, exceeding analysts' forecasts and setting the stage for the industry to finish 2012 on a high note heading into the new year. The annualized industry sales rate, adjusted for seasonal trends, accelerated to 15.56 million--the highest rate since 15.59 million in January 2008.