Oct
21st
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Sales of new motor vehicles in Australia rose 0.4% in September from the previous month on a seasonally adjusted basis. Read more ...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Oct
21st
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Italy is considering financial incentives for purchases of cars and domestic appliances, its industry minister Claudio Scajola said. Read more ...
Oct
21st
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EDITORIAL ASSISTANT JONATHON WONG: I've said it before, but this is not your normal Dodge Caliber. If it were, especially one equipped with the CVT, I wouldn't have wasted my time. Read more ...
Oct
21st
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Suzuki has begun importing a car by its Hungarian unit into Japan for the first time. Read more ...
Oct
21st
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Billionaire investor Kirk Kerkorian's investment company has sold part of his 6.5% shareholding in Ford and could sell the rest of the stake. Read more ...
Oct
21st
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Auto parts supplier Gentex Corp. posted a 49 percent drop in quarterly profit and said weak consumer confidence and a slowing economy would weigh on global vehicle production in the fourth quarter, sending its shares down 13 percent. Read more ...
Oct
21st
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A Japanese electronics giant has joined the race for lithium ion batteries in cars. Toshiba Corp. says it aims to make 3 million lithium-ion battery cells a month starting in 2010. Read more ...
Oct
21st
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Frozen credit markets will dramatically lower U.S. vehicle sales and increase losses at General Motors and Ford Motor Co., a J.P. Morgan analyst said today. In a note to investors, analyst Himanshu Patel said that for the fourth quarter, U.S. Read more ...
Oct
21st
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J.P. Morgan Securities widened its fourth-quarter loss estimates for automakers General Motors and Ford Motor Co., citing what it called a fundamentally altered credit environment. Read more ...
Oct
21st
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Billionaire investor Kirk Kerkorian sold part of his 6.5 percent stake in Ford Motor Co. and may sell the rest of his stake in the automaker, Kerkorian's investment vehicle Tracinda Corp. said today. Read more ...
Oct
21st
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Billionaire investor Kirk Kerkorian sold part of his 6.5 percent stake in Ford Motor Co. and could sell the rest of his stake in the automaker, Kerkorian's investment vehicle Tracinda Corp. said today. Read more ...
Oct
21st
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Nissan is cutting Japanese production of export models due to slow US demand. Read more ...
Oct
21st
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General Motors is likely to defer capacity expansion plans at its new Talegaon unit in Maharashtra amid the global liquidity meltdown while Mercedes expects the financial crunch to hit sales in India, local media reports said. Read more ...
Oct
21st
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Maruti Suzuki on Tuesday officially opened a plant producing its next-generation KB-series engine. The new powerplant will be used in both the redesigned Suzuki Alto and the Nissan Pixo variant Maruti will supply on an OEM basis. Read more ...
Oct
21st
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Nissan said on Tuesday it would cut production in Japan, Britain and Spain in response to falling demand around the world as fears of a global economic slowdown prompt consumers to hold off on car purchases. Read more ...
Oct
21st
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General Motors has signed a contract that will see Buehler Motor provide customised auxiliary water pumps for the Chevrolet Volt Extended-Range Electric Vehicle and some GM hybrid vehicles. Read more ...
Oct
21st
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European auto and parts makers face a gloomy couple of years, according to a new report on the sector by Credit Suisse analysts. Read more ...
Oct
21st
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Valeo has reported a fall in its third quarter sales, despite stable volumes in the period, as the company took a hit on exchange rates and falling prices. Read more ...
Oct
21st
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The executive chairman of one of Europe's leading car parts groups on Tuesday issued a sobering statement about the effect of the credit crisis on new car sales, and predicted a big drop in 2009 car production. Read more ...
Oct
21st
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The US market may have bottomed out, according to a GM executive. Read more ...