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Bugatti 'will continue to produce world's fastest car'

Bugatti will continue to produce the world's fastest cars - and that's a promise by the new chief executive of Bugatti. Wolfgang Durheimer, who took over as combined boss of Bugatti and Bentley in spring 2011, told CAR that being the fastest was a cornerstone of the modern Bugatti philosophy. 'It is vital that Bugatti produces the world's fastest car,' Durheimer said.

TVR set for 2015 comeback

TVR's new owner, Les Edgar, has dated 2015 as the company's comeback, as they plan to have a two-car range costing 50,000-80,000 pounds ($76,155-$121,848). Having produced cars such as the Griffith, the Grantura, the Cerbera, the Chimaera, the Tuscan and the Sagaris, TVR hopes to continue and evolve this spirit after a production hiatus in 2006 due to ownership change. "It is a well-thought-out business plan, and at the root is the requirement to make money,” stated Edgar in an interview with Autocar.

‘Cash-for-clunkers’ bill clears House

The “cash-for-clunkers” legislation cleared another hurdle Tuesday, winning passage in the U.S. House of Representatives. That moves the proposed plan closer to reality and would offer up to $4,500 in vouchers to consumers who trade in older cars for new, more fuel-efficient rides.