THE PRESIDENT of the newly formed Mercedes-AMG GmbH says that the company plans to heavily promote high-performance versions of Mercedes cars modified by AMG. Mercedes-AMG is a newly formed joint company in which Mercedes owns 51% of formerly independent AMG; Mercedes will fully own AMG by 2007. AMG centers its modifications around larger-displacement, high-horsepower conversions of standard Mercedes engines, including a 7.3L version of the Mercedes 6L V-12 that produces 525 hp and 553 ...

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