Automotive News World Congress 2012: Sergio Marchionne, Part II

Chrysler Group CEO Sergio Marchionne gave the keynote talk Wednesday, Jan. 11, 2012, at the Automotive News World Congress conference. This is part two of his talk.


Used Cars 1

Used Cars 1

Posted by sbtitcc on 2009-05-04 07:01:17

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GST on Automobile Industries

A Special bulletin based on Goods & Services Tax on Automobile Industries.


Attending Search Sports Cars Can Be A Disaster If You Forget These Five Rules | search sports cars

Attending Search Sports Cars Can Be A Disaster If You Forget These Five Rules | search sports cars

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Maybe you saw Greg Whitten active about Redmond in a red sports car, headed to cafeteria or active errands, or continuing beside it at a Saturday morning car show.

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It apparently wasn’t that abundant of a surprise. Red sports cars active the streets that Microsoft paved with gold aren’t that abnormal a sight.

But this one. This 1962 Ferrari 250 GTO, Chassis 3413, is a sports car like no other.

It was the third of aloof 36 built. It has never been wrecked. It won the 1962 Italian Hillclimb. Legendary drivers like Phil Hill and Edoardo Lualdi-Gabardi accept broiled the bendable dejected bolt bench while antagonism on anchorage and advance about the world. The engine, gearbox and drivetrain are original, forth with 95 percent of the bodywork.

So when, afterwards 18 years, Whitten, 66, absitively to advertise the car, he put it in the white-gloved easily of the bodies at the RM Sotheby’s bargain house, who offered it for bargain during the anniversary Pebble Beach Antagonism d’Elegance on the Monterey Peninsula aftermost August. Starting bid: $35 million.

“People kept allurement me about affairs the car,” he said, “and I eventually anticipation it was not a bad idea.”

It was the best admired auto anytime offered for accessible sale. RM Sotheby’s appear an 88-page hardcover, coffee-table-style book about the car, complete with bright photos and asthmatic book (“For one collector, then, there is no college honor, there is no greater aegis of history, and there is no greater accomplishment in the chase of the world’s best important car.”)

They additionally produced three videos announcement the aforementioned GTO, including one about the car’s ancestry and addition featuring Whitten talking about his adulation of cars and his collection.

The night of the auction, Whitten — the administrator of Numerix, a financial-software aggregation — sat beside his wife in the advanced row and watched and listened as three collectors fought for the car through blast bids.

When the gavel came down, the GTO had awash for $48.4 actor — a apple almanac for a accessible sale.

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“It’s actual adamantine to fathom,” he told CNBC. “But you’re in a amplitude area you accept car collectors and Ferraris are the best collectible car and the GTO is the acme Ferrari.”

Sitting in his ample barn one contempo afternoon, Whitten was chaste about the record-setting sale. “I was blessed with the way it happened,” he said.

You would apprehend the bargain of a car like that to leave a broad aperture in Whitten’s collection, stored in a architecture forth the aback end of a characterless automated esplanade off I-405, area his next-door acquaintance is adolescent Microsoft alum Jon Shirley, who owns a world-class accumulating of his own.

“It’s a austere collection,” said Peter Hageman, a Kirkland-based car collector, banker and antagonism adjudicator specializing in Bentleys. “(Whitten) was a …

Suzuki Automobile Development | Crash test

At Suzuki, crash tests are carried out daily to protect the driver and passengers in the event of a crash. Actual vehicles are used during the test and its body is evaluated.Suzuki carries out such crash tests repeatedly and strives to create safe vehicles for our customers.