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Penske's plan for Saturn: Sell Samsung vehicles
Tue, 26 May 2009Entrepreneur Roger Penske wants to use the Saturn dealership network to sell vehicles built by Renault Samsung Motors and imported from South Korea. According to Automotive News, Penske recently met with Renault and Nissan CEO Carlos Ghosn in Paris to talk about the plan. Renault owns 80.1 percent of Renault Samsung.
Dodge Charger Pursuit to pace this weekend's Phoenix NASCAR races
Tue, 28 Feb 2012Dodge isn't wasting any time after seeing Monday night's wrecks at the Daytona 500. This weekend, we'll see some police cruisers on the track. The 2012 Dodge Charger Pursuit will pace the March 3-4 NASCAR races in Phoenix.
Jaguar puts C-X75 supercar on ice
Tue, 11 Dec 2012Jaguar has reversed its plan to sell the C-X75 hybrid supercar, fearing the project could be a commercial failure unable to recoup its investment. ‘After a thorough reassessment of the market conditions, the company’s view is that the global economic landscape does not currently support the introduction of a supercar such as C-X75,’ said Adrian Hallmark, Jaguar global brand director. Together with project partner Williams F1, Jaguar has built five prototypes of the plug-in hybrid.