General Motors will end the 5-year/100,000-mile powertrain warranty on all 2009 Saab vehicles in the United States, a Saab spokesman confirmed. It's a move the brand quietly made two months ago to save costs.
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Mercedes-Benz is offering buyouts to nearly all 4,000 employees at its Alabama auto assembly plant, a spokeswoman confirmed today.
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Ford Motor Co. plans to spend a combined $200 million at its two Louisville, Ky., assembly plants to prepare them for new vehicles. Ford also intends to cut fourth-quarter North American production.
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The UAW has hired veteran Wall Street consultant Stephen Girsky to advise the union on automakers' federal bailout talks and a possible tie-up between General Motors and Chrysler LLC, Automotive News learned today.
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Detroit's automakers may have dragged U.S. auto sales to their lowest levels in 25 years in October as benefits from plunging gasoline prices failed to make up for tight credit and skittish consumers.
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New York City's plan to turn its entire fleet of yellow cabs green by 2012 was halted today by a federal judge who ruled that regulation of fuel emissions standards falls under federal, not city, authority.
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For the first time in years, General Motors is pulling the plug early on a certified used-car financing program, a GM spokesman confirmed today.The company is doing so because of a lack of credit funding, said spokesman John McDonald.
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Carl Black -- who owns five new- and two used-vehicle dealerships in Florida, Tennessee and Georgia -- has bid to buy the Bill Heard Enterprises Inc. store in Kennesaw, Ga. The proposed sale, filed late Wednesday with the U.S.
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Ford Motor Co. wants to share in the $700 billion bailout package approved by Congress this month. CEO Alan Mulally acknowledged that Ford is talking to officials in Washington about whether Ford Motor Credit Co.
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Porsche said on Friday its term of acceptance for the mandatory offer from Porsche Automobil Holding SE to the shareholders of Audi AG expired last Monday, 27 October, 2008.
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American Axle & Manufacturing Holdings (AAM) has posted a third quarter net loss of US$440.9m, or $8.54 per share on sales of $528.1m.
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Nissan North America will begin selling the lowest-priced car in the United States -- a reduced-price 2009 Versa sedan -- Nov. 18, thanks to a smaller engine not previously available here.
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Cummins has lowered full year revenue estimates, despite reporting its highest third quarter sales and profits ever, today.
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Supplier ArvinMeritor on Friday announced a further workforce cut.
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Twenty-four years ago tomorrow, Chrysler Corp. Chairman Lee Iacocca published his international best-seller, Iacocca, An Autobiography.
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Latest nüvi has a waterproof case for outdoor use.
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Latest formula is grease lightning.
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Finance expert Jan-Henrik Lafrentz is the new head of sales and marketing at Volkswagen's troubled Spanish brand, Seat. Lafrentz, 42, replaces Berthold Krueger, 55, who moves to an unspecified sales and marketing job in the VW group.
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