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car-show 400 copyDETROIT: A sparkling new Corvette with as much Italian lines as American dash kicked off the annual North American Auto Show Sunday, the first makeover in eight years for the iconic US sports car.

 

Six decades after the Chevrolet speedster came on the market, the new Corvette easily earned the respect of the Detroit automotive press, with one saying its "Italianate lines" suggested the class leader Ferrari.

 

"The soul of our company is sitting right here in Corvette," said Mark Reuss, president for the Americas of Chevrolet parent General Motors. "This car is the reason I work at GM."

 

GM, pulling out of an industry wide recession in 2008 to 2010, ordered a sweeping redesign of the current C6 model: a new platform, new 450 horsepower motor, and new exterior and interior, held together with a good dose of carbon fiber to keep it light and fast.

 

Copyright AFP (Agence France-Presse), 2013

Copyright APP (Associated Press of Pakistan), 2013


 



 
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Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln