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GM to launch Chevrolet van in global markets

Chevrolet plans to launch a family van soon in several global regions, GM Vice Chairman Tom Stephens said Tuesday in showing analysts GM's future product plans. General Motors will base the van on its global compact-car architecture, said Stephens, who heads product development. He showed a picture of the van to analysts at a company presentation Tuesday, but his slides were not made available to members of the media.

Henrik Fisker wants to buy back Fisker

The resignation of Henrik Fisker in March from the eponymous company he worked so hard to build in to a credible ‘Green’ car company precipitated the meltdown of Fisker, which now stands on the edge of bankruptcy over $171 million owed to the US government. But Henrik Fisker has a plan. He’s teamed up with Hong Kong billionaire Richard Li – a Fisker investor – to try and buy the US government debt and save Fisker from being crushed by bankruptcy.

Dacia prepares for its UK market D-Day

Renault may have halved its UK product range and taken a profit tumble in 2011, but its budget car subsidiary Dacia has been growing strongly with its range of no-nonsense value-for-money cars. The Dacia Duster SUV has been winning plaudits for its cheap-and-cheerful blend of practicality and value,and leads the UK market launch next month. Dacia: Renault's developing market brand heads West Dacia was founded by the Romanian government in 1966, and began with license-production of the Renault 8 (Dacia 1100) and Renault 12 (Dacia 1300).