Report: Daimler planning to open new plant in North America

Filed under: China , Plants/Manufacturing , Mercedes-Benz , Nissan Size still matters, but the quest to be number one is also getting more headlines. Mercedes-Benz is the latest to stake its future on taking the top slot, with CEO Dieter Zetsche aiming to be the world’s largest premium maker by 2020. The specific number is 2.7 million vehicles sold that year, which represents an astronomical jump from 2011 sales of 1.26 million vehicles. To home in on that target, Mercedes intends to build factories in China and in North America – either Mexico or the U.S.

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Report: Daimler planning to open new plant in North America

Report: Memo says Bush administration almost pushed GM and Chrysler into earlier bankruptcy

Filed under: Government/Legal , Chrysler , GM , Earnings/Financials 2008 was one crazy, almost surreal year. It was the year when the economy took a nosedive, and the U.S. auto industry nearly ceased to exist.

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Report: Memo says Bush administration almost pushed GM and Chrysler into earlier bankruptcy

Video: Translogic takes DeLorean DMC-EV for a spin

Filed under: Classics , Technology , Electric This electric DeLorean is just a prototype, but our sister publication, Translogic got to take it for a spin and found that a 260-horsepower electric motor finally makes the DMC-12 the sports car everyone has always wanted it to be. While we get to see plenty of footage of the car lapping Houston Motorsports Park , this episode also includes an interview with DeLorean Motor Company CEO Stephen Wynne. While we don’t want to give too much away, Wynne discusses future plans for the Texas-based DeLorean restorer and remanufacturer, which include bringing the electric DeLorean to market . Wynne tells Translogic that the car is expected to sell for between $95,000-$100,000

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Video: Translogic takes DeLorean DMC-EV for a spin

Auctions: Barrett-Jackson 2012: $300,000 takes home 2013 Shelby GT500 prototype [w/video]

Filed under: Auctions , Ford This beaten and battered 2013 Ford Shelby GT500 prototype is proof that you can buy just about any type of vehicle at Barrett-Jackson . The car was used as an SVT test car to develop the 2013 Shelby GT500, and was piloted at race tracks like Sebring Raceway and at Ford’s Arizona proving grounds. Even Carroll Shelby himself had a stint in the car to test its merits. From the look of it, the GT500 prototype is still in testing condition

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Auctions: Barrett-Jackson 2012: $300,000 takes home 2013 Shelby GT500 prototype [w/video]

Mustang Boss 302 Laguna Seca faster than Ferrari, Aston, Audi R8, AMG [video]

Looks like the boys at Sport Auto finally shook off their wintry shivers and made it out to Hockenheim for a performance test with the Mustang Boss 302 Laguna Seca.

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Mustang Boss 302 Laguna Seca faster than Ferrari, Aston, Audi R8, AMG [video]

First Drive: 2013 Volkswagen CC

Filed under: Sedan , Volkswagen , First Drives , Luxury Sleek Four-Door Coupe Noses Upmarket When European deliveries of the then new Volkswagen Passat CC started back in late 2007, even in its home market, the know-it-alls received it with skepticism. There didn’t seem to be any burning need for a sexed-up four-door based on a Passat chassis. Was there an audience large enough for a Mercedes-Benz CLS -inspired sedan for the coupe-loving common family? Apparently the smug automotive intelligentsia was wrong about the CC

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First Drive: 2013 Volkswagen CC