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Alfa faces product freeze under a review of the struggling brand
Tue, 01 Dec 2009Fiat S.p.A. could freeze new investment in Alfa Romeo under a strategic review of the money-losing brand ordered by CEO Sergio Marchionne. A product freeze is one of two alternatives that Fiat is considering to end years of losses and declining sales at its sporty premium brand.
Former GM president James McDonald dies at 87
Tue, 15 Jun 2010James McDonald, who served as president of General Motors Corp. under CEO Roger Smith in the 1980s, died on Sunday at the age of 87. McDonald became president and COO on Feb.
Corvette deemed too much car for some Manchester United players
Wed, 05 Sep 2012Apparently, Sir Alex Ferguson, the team's manager, believes that Chevy's most potent offering is a bit more than some of his young players will be able to handle. According to the Daily Mail, Chevrolet has offered the soccer team's top stars their pick of Chevrolet models, but the infamously strict Ferguson has issued an edict that no player under age 23 will be allowed to order a Corvette. Reports that effected players reacted to the news by flopping to the ground and tearfully writhing around could not be confirmed as of this writing.