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Agnelli family member to become Fiat chairman

Fiat S.p.A. said that Agnelli family heir John Elkann will become chairman and that Italy's biggest carmaker will separate its car-making business from trucks and tractors. Elkann, 34, is the grandson of former chairman Giovanni Agnelli and is vice chairman and head of the family's holding company.

Aston Martin US dealers could lose DB9 & Vantage – which could see many shutting up shop

The Aston Martin V12 Vantage S Roadster (pictured) might not make the US The rules and regulations car makers have to conform to are both enormous and onerous, and different markets have different regulations. And it looks like new side impact regulation could scupper AML’s sales in the US. New side impact rules – due to come in to force in the US in September – means that two of Aston Martin’s big sellers – the DB9 and Vantage V8 and V12 – would have to be withdrawn from sale in the US as they won’t comply.

Volkswagen OKs production of the Bugatti 16C Galibier, report says

Volkswagen AG has agreed to fund production of the Bugatti 16C Galibier sedan, Bloomberg News reported on Friday, citing two unnamed sources that had knowledge of the project. The 16C Galibier would join the Veyron sports car in Bugatti's lineup. But Galibier production may not start for two to three years while Bugatti retools its boutique manufacturing plant in Molsheim, France.