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Maybach Zeppelin comes over the horizon
Thu, 12 Feb 2009The Maybach Zeppelin - an even bigger waste of money than the standard Maybach Maybach has not exactly been an unmitigated success for Mercedes. Conceived as a competitor for Rolls Royce, it does seem to have carved itself a niche, but probably not the one that Mercedes wanted. Perceived by most as a tarted-up S Class, and bought by the wealthy of the Playstation generation, rather than the Captains of Industry that Mercedes envisioned, the Maybach must be a loss-maker for Mercedes.
Bugatti sells its last Veyron
Fri, 24 Jun 2011Bugatti has sold the last of its 300 Veyron 16.4 supercars. The customer of the final Veyron is based in Europe and is new to the Bugatti marque. Bugatti Veyron: the controversial king of the supercar world Volkswagen Group picked up the Bugatti name in 1998, following the 1995 bankruptcy of Romano Artioli's Modena-based Bugatti factory, which had produced the EB110 quad-turbo V12 supercar.
General Motors partners with battery supplier LG on electric vehicles
Thu, 25 Aug 2011General Motors said Thursday that it is partnering with its battery cell supplier, LG Group, to develop electric vehicles. The agreement, signed Wednesday by GM CEO Dan Akerson and LG President Juno Cho, will “help GM expand the number and types of electric vehicles it makes and sells,” the automaker said in a statement. It's the second example this week of automakers looking for partners to help in developing more fuel-efficient cars, as U.S.