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More speculations about Chrysler, Nissan possible deal
The Detroit News reports that Nissan is considering acquiring 20% percent of Chrysler and this move would bring the company into the ranks of the present Renault-Nissan alliance.
According to sources close to the negotiations, the offer is placed before Cerberus Capital Management that is a private equity firm and hold 80 percent share of Chrysler currently. The company also has another offer from General Motors.
Cadillac’s CTS-V (2009) is ready for launch
Cadillac’s CTS-V (2009) has begun production this month and the initial sales will begin around November 1. The new CTS-VIs designed to become the world’s most desirable luxury cars with the starting price of $59,995 in the American markets.
Mark McNabb, Cadillac North America vice president, says: “For luxury and performance enthusiasts, the new CTS-V offers a nice gripping proposal. It represents the true sense of Cadillac design and technology and in the club of the highest performing luxury cars; it’s a real good addition.”
Based on Cadillac critically acclaimed CTS sports sedan, the CTS-V shows the full range of the brand’s impressive design and technology. It includes advanced performance technology like supercharged 6.2-liter V8 engine and Magnetic Ride Control that is world’s fastest reacting suspension.





