With smart planning, the nation's power grid will be able to handle the emergence of plug-in hybrids in the U.S. market, says an environmental specialist for the Electric Power Research Institute.
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A plan to use federal loans for retired autoworkers' health benefits is off the table, at least for now.
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Falling consumer confidence and credit tightening hit Ford new-car sales in Europe during October, the company said. Sales during the month were down 12.4 percent to 107,600 units in Ford's 19 main European markets.
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Electric vehicles are not flash-in-the-pan engineering projects for Chrysler LLC.
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Here's a request for President-elect Barack Obama from the auto industry: Give us an energy policy that includes what is technically possible and economically feasible.
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The government's stake in U.S. car companies would be determined by the Treasury Department, under a House proposal to rescue the Detroit 3. Taxpayers also would be paid back first when the automakers recover, Steve Adamske, a spokesman for Rep.
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China will begin enforcing vehicle emissions regulations first along its coastline and later in its inland provinces, predicts Gregg Sherrill, CEO of Tenneco Automotive Inc. Tenneco has a vested interest in monitoring that enforcement.
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PALM DESERT, Calif. (Reuters) - Chrysler LLC needs federal funding and an alliance with other automakers in the United States or abroad to survive a crisis as demand collapses and it burns through cash, Chief Executive Bob Nardelli said today.
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Standard and Poor's said today it is reviewing 15 North American auto suppliers for a possible downgrade in short-term credit ratings because of their exposure to the Detroit 3.
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New car sales in Hungary will drop sharply both this year and next as the global economic crisis pushes the country into a recession and bank credit dries up, the car importer's association MGE was reported to have said on Thursday.
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One of the first models to come from increased cooperation between Toyota, its minicar specialist arm Daihatsu and Subaru maker Fuji Heavy Industries has been launched in Japan.
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Mexico's dealers sold 83,306 new vehicles in October, down 14.3 percent from October 2007 -- making it the worst month for domestic sales in a decade.
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The head of Toyota's German finance unit has called for the government to extend its financial institution rescue package to include those that lease vehicles.
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Green vehicles and technologies can be profitable if engineers use innovation to drive out weight and cost, says Michael Brylawski of the Rocky Mountain Institute.
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China's car market is likely to grow 5% in 2009 despite the global economic slump, a local Honda official has said.
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Goldman Sachs on Thursday suspended its rating on General Motors, saying the automaker needs at least $22bn in US government aid to survive the credit crunch.
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General Motors has appointed Crystal Windham its first African-American female director of design. Windham, 35, began her job Nov. 1 as director of North American passenger-car design.
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General Motors has appointed Crystal Windham its first African-American female leader of design. Windham, 35, began her job Nov. 1 as director of North American passenger-car design.
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Goldman Sachs today suspended its rating on General Motors and said the automaker needs at least $22 billion in federal aid to survive a deepening industry downturn. Goldman Sachs forecast the No.1 U.S. automaker will end 2008 with $12.
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