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Oct
28th

KOREA: SsangYong Motor workers to take paid leave

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SsangYong Motor Co is allowing some 350 of it workers to take paid leave, in an effort to cut costs. Read more ...
Oct
28th

JAPAN: Honda income and forecasts fall

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Honda Motor consolidated operating income fell 27.1% to JPY370.1bn in the first fiscal half year to 30 September as currency effects, rising raw material costs and increased expenses affected results. Read more ...
Oct
28th

Honda’s European profit falls 50%

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Honda cut its full-year earnings outlook after operating profits in Europe fell 50.5 percent on sliding sales in the July-September period. The carmaker's European operating profit dropped to 8.3 billion yen ($76. Read more ...
Oct
28th

UK: Honda plant to cut 10,000 more cars

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Reports from Japan earlier today that Honda UK Manufacturing (HUM) was slashing vehicle production by 10% in Britain due to faltering demand in Europe were based on an announcement made at the end of September, a plant spokeswoman told just-auto. But she added that Honda was now planning to take another 10,000 cars from the schedules as demand from the UK and Europe continues to shrink. Read more ...
Oct
28th

GM, Chrysler request $10 billion in aid, sources say

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General Motors and Cerberus Capital Management LP have asked the U.S. Read more ...
Oct
28th

UK: Ford spends GBP70m on new engine line

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Ford has announced a GBP70m investment at its Bridgend engine plant in Wales to produce next generation, low CO2, 1.6-litre, four-cylinder petrol engines. Read more ...
Oct
28th

2009 Honda Fit

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2009 Honda Fit
2009 Honda Fit - New Honda Compact Hatchback Review - Automobile Magazine
The 2009 Fit capitalizes on that formula as a worthy evolution, bringing more style to the exterior, refinement to the ride, and more innovation inside with a dose of the driver engagement that we've been yearning for.

Two years ago, this story would not appear here, in its lead-article, three-page glory. No, driving a bargain-price, 1.5-liter fuel-sipper would have warranted a miserly, quarter-page nugget tucked into a corner and paying deference to the likes of a Ferrari, a large rear-wheel-drive V-8 sedan, or some hot-rod version of a full-size SUV.


Photo Gallery: 2009 Honda Fit - New Honda Compact Hatchback Review - Automobile Magazine


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Oct
28th

BELGIUM: Hyundai cleared for Italy buy

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Hyundai Motor has been cleared to buy its Italian distributor. Read more ...
Oct
28th

VW shares triple as Porsche move surprises

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Volkswagen's share price tripled on Monday as short sellers piled into the stock to sew up their speculative positions on news Porsche had bought up nearly all VW's remaining free float. Read more ...
Oct
28th

Honda to cut Civic output in UK by 10%

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Honda Motor, Japan's second-largest carmaker, said on Tuesday it would cut output of its Civic compact in the UK from December to meet falling demand in Europe. Read more ...
Oct
28th

US: Delphi files credit extension plan

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Delphi Corporation, which filed for Chapter 11 bankruptcy protection in May 2005, plans to extend until 30 June, 2009 its existing debtor-in-possession credit facility of about $4.35bn, it said in an SEC filing. Read more ...
Oct
28th

DRIVERS LOG: 2008 Nissan Versa SL sedan:

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SENIOR EDITOR BOB GRITZINGER: What's stunning about the Versa is the level of equipment in a car at this price point (keyless entry and ignition and steering-wheel audio controls), as well as the interior space. Read more ...
Oct
28th

RESEARCH: Dual-Clutch Transmissions (DCTs) on the up in Europe

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Europe may have long resisted the automatic gearbox, but new environmental and fuel efficiency legislation combined with major advances in electronics and manufacturing techniques are paving the way for a flood of new automated transmission technologies. Read more ...
Oct
28th

Toyota builds new China plant

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Toyota Motor said on Monday it would build a new, 4 billion yuan ($584 million) factory in China with local partner FAW Group Corp, bringing its planned local production capacity to 1 million vehicles a year. Read more ...
Oct
28th

F1: Jean Alesi backs Ferrari over Formula 1 quit threat

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Former Ferrari driver Jean Alesi says the famous Italian team is right to threaten to quit formula one over the prospect of standard engines. Read more ...
Oct
28th

NASCAR: Kodak moves on, and Max Papis gets a ride in the Sprint Cup

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Another sign that the global economy is slowing down dramatically is that Eastman Kodak Co. is ending its 22-year sponsorship in NASCAR and putting more sports marketing dollars into professional golf. Read more ...
Oct
28th

Volvo teams up with world-famous glassworks company for new concept

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Volvo has just announced that they'll team up with a world-famous Swedish glassworks company to work on part of a new concept car. Orrefors will work with Volvo to design a floating centre-stack constructed of hand-made crystal, which will be part of a concept shown at the Detroit international motor show in January. Read more ...
Oct
28th

MotoGP: Stoner still fastest in Valencia tests

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Ducati's Casey Stoner did not lose any time after his victory in Valencia by setting the fastest time of the day in what is the first post-season MotoGP test on the Spanish circuit. Top riders Dani Pedrosa (Honda) and Valentino Rossi (Yamaha) were also on hand with second and third place. Read more ...
Oct
28th

Colorado and Canyon now available with V8 power

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GM's small pickup trucks are heading into 2009 with a slew of new or updated features. Most notable among them is the availability of the automaker's 5.3 liter V8 engine, which delivers 300 horsepower and 320 lb-ft of torque. The new V8 option is available on extended cab and crew cab models. Read more ...
Oct
28th

2009 Nissan Maxima 3.5 SV Review

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Since the very beginning, the Nissan Maxima has progressively strayed from its sport sedan origins in favour of the middle-class. The latest generation is a little more exciting but definitely not sporty. With the introduction of the new 2009 Maxima, Nissan is trying very hard to re-establish its large sedan's pedigree. To the point where ads for the car associate it with the outrageous GT-R. Read more ...
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