Tuesday, March 10, 2009

Report: Audi TT RS and RS 5 have a high chance of coming to the U.S.


Audi’s very own official press releases say that the powerful Audi TT RS will not be coming to the United States, but Motor Trend’s Audi sources state quite the opposite. According to insiders, the Audi TT RS has a very high chance of making it to the stateside.
Audi figures that a high-performance car like the 250-hp [...]


Audi’s very own official press releases say that the powerful Audi TT RS will not be coming to the United States, but Motor Trend’s Audi sources state quite the opposite. According to insiders, the Audi TT RS has a very high chance of making it to the stateside.


Audi figures that a high-performance car like the 250-hp TT RS could be good for its image in North America. Not to mention a car that can compete with the likes of the Porsche Cayman S with a smaller price tag could lure in buyers.


We can expect the Audi TT RS to hit U.S. shores sometime this fall. Audi sources also said that the RS 5, which is expected to produce around 500-hp, will also make it to the U.S.


2010 Audi TT RS:


   



 


 


2010 Audi TT RS Roadster:


 


Source: Motor Trend








Report: Audi TT RS and RS 5 have a high chance of coming to the U.S.


Audi’s very own official press releases say that the powerful Audi TT RS will not be coming to the United States, but Motor Trend’s Audi sources state quite the opposite. According to insiders, the Audi TT RS has a very high chance of making it to the stateside.
Audi figures that a high-performance car like the 250-hp [...]


Audi’s very own official press releases say that the powerful Audi TT RS will not be coming to the United States, but Motor Trend’s Audi sources state quite the opposite. According to insiders, the Audi TT RS has a very high chance of making it to the stateside.


Audi figures that a high-performance car like the 250-hp TT RS could be good for its image in North America. Not to mention a car that can compete with the likes of the Porsche Cayman S with a smaller price tag could lure in buyers.


We can expect the Audi TT RS to hit U.S. shores sometime this fall. Audi sources also said that the RS 5, which is expected to produce around 500-hp, will also make it to the U.S.


2010 Audi TT RS:


   



 


 


2010 Audi TT RS Roadster:


 


Source: Motor Trend








Monday, March 9, 2009

Toyota’s Lentz to raise concern about auto parts sector during auto task force meeting


As reported last week, Toyota’s president of Toyota Motor Sales in the U.S., Jim Lentz, will be meeting with Obama’s auto task force this Wednesday. It was immediately confirmed that Lentz will not be asking for any loans and is not trying to influence the Treasury’s decision on the U.S. auto industry.
However, it is now [...]


As reported last week, Toyota’s president of Toyota Motor Sales in the U.S., Jim Lentz, will be meeting with Obama’s auto task force this Wednesday. It was immediately confirmed that Lentz will not be asking for any loans and is not trying to influence the Treasury’s decision on the U.S. auto industry.


However, it is now reported that Lentz will be raising concern about the state of the U.S. auto parts sector when he meets with the auto task force, a Toyota source said.



Unlike General Motors and Chrysler, Toyota has not been hit hard by the sales downturn in the United States. Nonetheless, Toyota does rely on many of the same auto parts manufacturers for its U.S. production facilities.


Source: Detroit News








Toyota’s Lentz to raise concern about auto parts sector during auto task force meeting


As reported last week, Toyota’s president of Toyota Motor Sales in the U.S., Jim Lentz, will be meeting with Obama’s auto task force this Wednesday. It was immediately confirmed that Lentz will not be asking for any loans and is not trying to influence the Treasury’s decision on the U.S. auto industry.
However, it is now [...]


As reported last week, Toyota’s president of Toyota Motor Sales in the U.S., Jim Lentz, will be meeting with Obama’s auto task force this Wednesday. It was immediately confirmed that Lentz will not be asking for any loans and is not trying to influence the Treasury’s decision on the U.S. auto industry.


However, it is now reported that Lentz will be raising concern about the state of the U.S. auto parts sector when he meets with the auto task force, a Toyota source said.



Unlike General Motors and Chrysler, Toyota has not been hit hard by the sales downturn in the United States. Nonetheless, Toyota does rely on many of the same auto parts manufacturers for its U.S. production facilities.


Source: Detroit News








BMW and Daimler to swap shares and boost cooperation


We’ve been hearing about a Daimler and BMW “cooperation” for some time now. Both automakers have been stepping up previous efforts to share cost due to the current economic downturn. A German magazine, Der Spiegel, is now reporting that the two automakers plan on swapping shares to boost cooperation.
The magazine said that the Daimler and BMW [...]


We’ve been hearing about a Daimler and BMW “cooperation” for some time now. Both automakers have been stepping up previous efforts to share cost due to the current economic downturn. A German magazine, Der Spiegel, is now reporting that the two automakers plan on swapping shares to boost cooperation.


The magazine said that the Daimler and BMW will exchange a seven percent stake in each other. It said reported that the German government has been approached to find out whether it would overrule such a cross-ownership, reports Automotive News.



Der Spiegel said that the two automakers will announce full details shortly and that the move is expected to save the two automakers “several hundred million of euros” in the short term and billions in the mid-term.


There is some fear from the Quandt family which owns 46 percent of BMW. Der Spiegel said that family head Johanna Quandt and her son Stefan fear that Daimler will take over BMW as it did with Chrysler after a much talked about “merger of equals” in 1998.








Swiss Gigolo jailed for six years after blackmailing BMW heiress


The Swiss man accused of blackmailing BMW heiress Susanne Klatten has been jailed for six years. Helg Sgarbi, known as the Swiss Gigolo, was convicted at his trial in Munich after trying to pull a scam in an attempt to squeeze millions of euros out of Germany’s richest woman.
Sgarbi was also convicted at his trial [...]


The Swiss man accused of blackmailing BMW heiress Susanne Klatten has been jailed for six years. Helg Sgarbi, known as the Swiss Gigolo, was convicted at his trial in Munich after trying to pull a scam in an attempt to squeeze millions of euros out of Germany’s richest woman.


Sgarbi was also convicted at his trial for trying to scam three other unnamed women. He has reportedly extracted 7 million euros ($8.8 million USD) from Klatten.



Sgarbi threatened to release footage of their affair onto the internet. He apologized to Klatten in court but did not say where the alleged sex tapes are being kept.


Klatten owns a 12.5 percent stake in BMW.


Source: BBC








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