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Avtovaz will offer Renault a large minority stake in the struggling company, the Interfax news agency quoted an official with the state concern that controls Avtovaz as saying.

OAO Avtovaz has been considering bids from foreign companies including General Motors Corp. (NYSE:GM) and Fiat SpA.

Avtovaz President Sergei Chemezov will present the project to Renault Chief Executive Carlos Ghosn on Saturday in the Russian city of Togliatti, Renault spokeswoman Rochelle Chimenes said. She declined to give further details.

Avtovaz, maker of the boxy Lada sedans that were a staple among the relatively small number of car owners during the Soviet era, has found it difficult to compete with higher-quality imports.

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Avtovaz will offer Renault a large minority stake in the struggling company, the Interfax news agency quoted an official with the state concern that controls Avtovaz as saying.

OAO Avtovaz has been considering bids from foreign companies including General Motors Corp. (NYSE:GM) and Fiat SpA.

Avtovaz President Sergei Chemezov will present the project to Renault Chief Executive Carlos Ghosn on Saturday in the Russian city of Togliatti, Renault spokeswoman Rochelle Chimenes said. She declined to give further details.

Avtovaz, maker of the boxy Lada sedans that were a staple among the relatively small number of car owners during the Soviet era, has found it difficult to compete with higher-quality imports.

Read More

Avtovaz will offer Renault a large minority stake in the struggling company, the Interfax news agency quoted an official with the state concern that controls Avtovaz as saying.

OAO Avtovaz has been considering bids from foreign companies including General Motors Corp. (NYSE:GM) and Fiat SpA.

Avtovaz President Sergei Chemezov will present the project to Renault Chief Executive Carlos Ghosn on Saturday in the Russian city of Togliatti, Renault spokeswoman Rochelle Chimenes said. She declined to give further details.

Avtovaz, maker of the boxy Lada sedans that were a staple among the relatively small number of car owners during the Soviet era, has found it difficult to compete with higher-quality imports.

Read More

Avtovaz will offer Renault a large minority stake in the struggling company, the Interfax news agency quoted an official with the state concern that controls Avtovaz as saying.

OAO Avtovaz has been considering bids from foreign companies including General Motors Corp. (NYSE:GM) and Fiat SpA.

Avtovaz President Sergei Chemezov will present the project to Renault Chief Executive Carlos Ghosn on Saturday in the Russian city of Togliatti, Renault spokeswoman Rochelle Chimenes said. She declined to give further details.

Avtovaz, maker of the boxy Lada sedans that were a staple among the relatively small number of car owners during the Soviet era, has found it difficult to compete with higher-quality imports.

Read More

Avtovaz will offer Renault a large minority stake in the struggling company, the Interfax news agency quoted an official with the state concern that controls Avtovaz as saying.

OAO Avtovaz has been considering bids from foreign companies including General Motors Corp. (NYSE:GM) and Fiat SpA.

Avtovaz President Sergei Chemezov will present the project to Renault Chief Executive Carlos Ghosn on Saturday in the Russian city of Togliatti, Renault spokeswoman Rochelle Chimenes said. She declined to give further details.

Avtovaz, maker of the boxy Lada sedans that were a staple among the relatively small number of car owners during the Soviet era, has found it difficult to compete with higher-quality imports.

Read More

Avtovaz will offer Renault a large minority stake in the struggling company, the Interfax news agency quoted an official with the state concern that controls Avtovaz as saying.

OAO Avtovaz has been considering bids from foreign companies including General Motors Corp. (NYSE:GM) and Fiat SpA.

Avtovaz President Sergei Chemezov will present the project to Renault Chief Executive Carlos Ghosn on Saturday in the Russian city of Togliatti, Renault spokeswoman Rochelle Chimenes said. She declined to give further details.

Avtovaz, maker of the boxy Lada sedans that were a staple among the relatively small number of car owners during the Soviet era, has found it difficult to compete with higher-quality imports.

Read More

I am very interested to know if this one will go live in 2010 as announced, but the simple fact that Mercedes and AMG are working hard to revive the legendary 300 SL that made a lot of waves during the 50s and the 60s into something that would look like this, is a big step forward.

From what I know the 2-seats W197 SLC will be built in Germany and the annual production will vary from 3,000 to 5,000 units for a price that will range between 150,000 to 200,000 Euro. No official word so far from Mercedes or AMG so we can only guess it will be powered by a 620hp V8 engine with a rear-wheel-drive.

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Since Ford is trying to sell Jaguar and Land Rover, yesterday’s roll out of the first Jaguar XF model is being seen as a huge step for the company. The company needs to torque up interest and success of Jaguar if it hopes to find someone interested enough to buy out the company.

The XF that was first to come across the production line at the Castle Bromwich plant in the U.K will be donated to the Jaguar Daimler Heritage Trust collection where it will be proudly displayed along side other memorable Jaguar models.

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While details of Koenigsegg’s CCXR supercar were released in March, above is an official rendering of the final production version of the car recently released by the company.

Under the hood the CCXR will have a cast-aluminum V8 engine that will be able to run on biofuel which will cool the combustion chambers. Combine this with a higher octane rating and the enviro-friendly car has 1,018hp at 7,200rpm with peak torque of 1,060Nm at 6,100rpm. The 4.7L engine sports a four-valve double overhead cam design with a compression ratio of 8.2:1 and a sequential multipoint fuel injection system. Combined highway/city fuel consumption stands at 22L/100km. It accelerates from 0-100 km/h in about 2.9 seconds and the Swedish manufacturer is claiming top speeds of over 400 km/h.

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Most, if not all Ferraris are developed on the twists and turns of Fiorano. But its safe to assume that the most track focused production car that Ferrari has ever produced, the 430 Scuderia (although based on the F430, the F is dropped) has spent more than the average time being thrashed around Fiorano in its development.

Fiorano Circuit is the private track owned by Ferrari for development and testing purposes. It is located near the Italian town of Maranello.

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