After Ford Motor Co. finishes this year's round of subsidized dealership closings, it will sharply curtail funding for such deals, said sources with knowledge of the plan.
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When Dick Greenfield was a young car dealer selling about 3,000 new and used vehicles a year, he received some wise advice from an older dealer named Bob Burd.
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We're going on the grid sooner than you thought. Electric and plug-in hybrid cars will arrive in dealerships in just two years or so, several speakers at the Automotive News Green Car Conference and Exhibition said on Thursday, Nov. 13.
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If Congress thinks a bailout of General Motors is expensive, consider the cost of a GM failure. Let's be clear.
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Chrysler LLC is pleading with its dealers to buy more cars by year end and is offering $150 million in extra incentives to persuade them. That will boost Chrysler's fourth-quarter incentive spending to $650 million, Chrysler executives told dealers.
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Huge write-downs of franchise values by public dealership groups show that auto dealers -- especially Detroit 3 dealers -- are losing value and face a difficult future. AutoNation, the No.
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They lost this month's election, badly. But Republicans in the White House and Congress are showing they still have clout. They are providing major -- and potentially fatal -- opposition to emergency federal aid to the Detroit 3 by year end.
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Companies that supply parts to the 2009 Nissan Maxima include: "TRW, Cooper-Standard, CalsonicKansei, Dana, NOK, GKN Driveline, Vibracoustic, KSR International, PPG, Amtex, ZF, Siegel-Robert, Guardian Automotive, U.S.
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The first Formula 1 winter test session was held today, Monday at Circuit de Catalunya located near Barcelona, Spain. It was the first occasion to see what the 2009 cars will look like.
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As being reported by the international media, former grand prix winner Olivier Panis has lost his driver's license after he was caught speeding.
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NASCAR driver Kyle Busch has expressed disappointment that he will no longer be able to make his formula one test debut this winter behind the wheel of a Toyota.
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General Motors announced the price of the new Camaro today, which will be on sale next sometime next spring. The base Camaro LS will cost $26,995, which includes a 300-hp, 3.6-litre direct-injection V6 and 6-speed manual.
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General Motors announced the price of the new Camaro today, which will be on sale next sometime next spring. The base Camaro LS will cost $26,995, which includes a 300-hp, 3.6-litre direct-injection V6 and 6-speed manual.
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Popular Science magazine has just bestowed an award on two new technologies developed by Ford: the EcoBoost engine and the Easy Fuel capless fuel filler.
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The first Formula 1 winter test session was held today, Monday at Circuit de Catalunya located near Barcelona, Spain. It was the first occasion to see what the 2009 cars will look like.
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Honda driver Rubens Barrichello's team won the famous Brazilian 'Granja Viana' endurance kart race this past weekend in Sao Paulo, after having started from pole position.
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Organisers of the axed Canadian grand prix have slammed F1 chief executive Bernie Ecclestone as "unreasonable" and "unrealistic", after their efforts to rescue the race for 2009 failed.
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An anti-formula one protest has taken place at the gates of Disneyland Paris, one of the proposed sites for the staging of the Grand Prix of France in 2010.
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The effects of the international economic crisis are taking a new turn in the automobile industry. A few weeks ago, Japanese manufacturer Suzuki announced that it wouldn't be participating in the next Detroit International Auto Show. The reason is simple: the company has nothing particular or new to unveil at this time.
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As being reported by the international media, former grand prix winner Olivier Panis has lost his driver's license after he was caught speeding.
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