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Crunch watch Sept 09: the auto industry in crisis
Wed, 30 Sep 2009By Tim Pollard Motor Industry 30 September 2009 11:30 Welcome to CAR's news aggregator as we round up the seismic change in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 30 September 2009• Mitsubishi's global production in August was 62,924 units, a decline of 32.1% compared to August 2008. It was also the 18th consecutive monthly decrease for the Japanese car company (Mitsubishi)• Fernando Alonso has signed a three-year deal to drive for the Scuderia Ferrari F1 team.
Aston Martin downshifts in India
Fri, 15 Apr 2011India is becoming a spotlight market among luxury carmakers, and Aston Martin is the latest to join the fray, throwing open the doors on a new dealership on Friday. Aston enters the market in partnership with Performance Cars, which is a division of Infinity Cars Ltd. and which is expected to offer the British brand local expertise in India.
Dealer's belief in Porsche led to $5 million store
Tue, 01 Jun 2010Car dealer Jack Daniels IV is used to seeing the grins on people's faces when they hear his name. And he's OK with it. "People have said, 'It's my favorite drink, so I thought I'd buy a car from you,' " says Daniels, who in April opened the largest Porsche dealership in America.