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Porsche 911 buyers flock to rare 24-month leases
Mon, 28 Mar 2011Porsche is pushing 24-month leases for its 911 and is running a six-month lease pull-ahead incentive on all of its sports cars to offset a shortage of low-mileage used cars. This year, 22 percent of all 911 lessees have taken 24-month contracts rather than 36-month deals, says Michael Bartsch, COO of Porsche Cars North America. That compares with 10 percent before the push.
Fiat might increase Chrysler stake to 51 percent before IPO, sees no merger
Tue, 04 Jan 2011Fiat SpA, the Italian carmaker that owns 20 percent of Chrysler Group LLC, may boost the holding to more than 50 percent before an initial public offering by the U.S. automaker, the companies' chief executive officer said. “I think it is possible.
Is this the Lamborghini URUS?
Sat, 30 Jul 2011Is this Aventador with Veyron wheels the Lamborghini Urus in the making? What is the Lamborghini Urus, you may ask? Regular readers will know that back at the time when we were hearing that the replacement for the Murcielago would probably be called the Jota (yes, we got the name wrong but all the other details were right) a contact at Lamborghini told us they were working on a super Aventador (as it is now called) aimed at taking out the new Enzo when that arrives (the Ferrari F70).