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Photographer Garret Suhrie will be set to embark on an international career after he participates in a mentoring project with star photographer David LaChapelle. German luxury car brand Maybach is supporting this project. The first task on hand is a reinterpretation of the “Exposure of Luxury.” Maybach’s relationship with the US star photographer started a [...] Read Full Story

Starting Oct. 1, Klaus-Gerhard Wolpert will be Volkswagen AG’s new chief product strategist. Wolpert is the latest Porsche AG executive to move to controlling shareholder VW Group. Wolpert had led the development of the Cayenne premium SUV, Porsche’s top-selling car. Wolpert replaces Matthias Mueller, who is set to succeed Michael Macht as Porsche CEO. Macht [...] Read Full Story

Despite the weakness in Europe’s car market, Fiat S.p.A.’s third quarter is doing well, according to CEO Sergio Marchionne. He also confirmed that it’s possible that Fiat will raise its outlook for 2010 at the end of the third quarter, sending its shares higher. Marchionne told reporters that third quarter is going “quite well” and [...] Read Full Story

Acknowledging its excessive optimism, Spyker posted another loss on Friday, reduced Saab’s sales targets and asserted that expects to still lose money through next year. Several months ago, Spyker acquired Saab from General Motors Co. Nevertheless, Spyker CEO Victor Muller said that the company has sufficient liquidity and does not need to recapitalize even as [...] Read Full Story

At this year’s Moscow Motor Show, expect a sea of luxury vehicles to be displayed. This year, carmakers want to make up for the loss during the recession and now aim to attract the nation’s richest people to buy their latest models. Showing their newest vehicles off at the auto show are Porsche, Jaguar, Cadillac [...] Read Full Story

Chevrolet will debut a hatchback version of the upcoming Cruze compact sedan at the Paris Motor Show. GM had denied that it had plans for a Cruze SS and Cruze coupe, but apparently, the green light for the hatchback had been given. Incidentally, GM’s Holden unit in Australia, which is known for its large cars, [...] Read Full Story

Visteon Corp. is seeking the approval from a federal bankruptcy court for $700 million in financing so it can exit its 15-month bankruptcy, according to court documents filed on Wednesday. There will be a hearing next Tuesday before the US Bankruptcy Court in Delaware to confirm the plan. Visteon spokeswoman Julie Fream said that the [...] Read Full Story

Honda’s recently updated 2011 Accord sedan and coupe will arrive at dealerships very soon. All 2011 Accord models received a $125 increase across the board. The Accord is priced from $21,930, which is $125 more expensive than the outgoing 2010 model. At this price, the buyer gets a basic LX, four-door sedan with a five-speed [...] Read Full Story

Ford announced today that it is recalling 575,000 Windstar minivans in the U.S. and Canada due to the fact that the rear axles of the vehicles may corrode and break. The affected modes are 1998 to 2003 model-year Windstars in the areas where road salt is used in cold weather, according to Highway Traffic Safety Administration. [...] Read Full Story

It’s a sad day for BMW as it received news of the passing away of its head of marketing for BMW of North America, Jack Pitney. While on a vacation on his farm, 47-year-old Pitney got into an accident and was killed. In only a few days from now, Pitney was supposed to take on the [...] Read Full Story