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Auctioneer Dean Kruse's money woes continue
Thu, 19 Nov 2009Auburn, Ind., auctioneer Dean Kruse has been ordered by a local court to pay more than $1.3 million to an Indiana bank, and a leasing company has asked a federal judge to repossess Kruse's 1985 Cessna jet, which had been insured at $3.5 million. These two recent events are on top of several months' worth of financial woes for one of the classic-car world's best-known auctioneers. AutoWeek reported in August that people from across the country were complaining that they had not been paid for cars sold at various Kruse International auctions.
Aston Martin Cygnet – what’s going on?
Wed, 17 Mar 2010The Aston Martin Cygnet - fresh from Aston's website Aston Martin first rolled the Aston Martin Cygnet in to view back in June last year. It seemed as if they were trying to judge just what flack they would get for considering producing an Aston-ised Toyota Aygo. Would the world throw its hands up in horror, or would they understand the rationale behind the move?
Press leaving Chrysler, report says
Fri, 21 Aug 2009Chrysler Group Deputy CEO Jim Press is planning to leave the company before the end of the year, according to a report Friday by The Wall Street Journal, citing unnamed sources. Press, 62, is expected to leave before December, one of the newspaper's sources said. Chrysler spokesman Gualberto Ranieri declined to comment on the paper's report.