More than two years after Porsche announced plans to buy 20 percent of Volkswagen group, the sports car maker finally looks ready to take full control of Europe's largest carmaker.
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The AvtoVAZ plant here, 1,000km southeast of Moscow, is a unique mix of old and new car manufacturing. The factory's stamping, welding and final assembly buildings are like an automotive museum compared with similar facilities in the West.
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Once a reliable source of profit for their owners, automakers' banks won't generate their usual big profits this year. That will put even more pressure on automakers' bottom lines.
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China's biggest independent automaker, Chery Automobile, has cars on sale in Germany for the first time.
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Maria-Elisabeth Schaeffler has a problem. Her company, the Schaeffler Group, controls more than 80 percent of Continental.
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Suzuki is betting that Indian engineering, labor and suppliers will give its new Alto a competitive advantage when it is launched in Europe's fast-growing minicar segment in early-2009.
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BMW will cut its European Mini dealer network this year as it creates a separate distribution network for the small-car brand. The number of Mini dealers in Europe will drop to about 650 by year-end from 750 in 2007.
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The economic slowdown is affecting Renault's expansion of its Russian distribution network. The French carmaker has 74 dealers operating 94 retail outlets in 82 cities nationwide.
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Mazda says its policy of taking greater control of distribution in European markets is boosting sales.
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There were fresh calls on Sunday for the Bush administration to help stalled U.S. automakers, but Democratic and Republican officials said taxpayers cannot repeatedly support business rescues. Republican Sen.
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A top Democratic leader today minimized expectations for a lame-duck session of Congress, set to begin Monday, Nov. 17. Senate Majority Leader Harry Reid, D-Nev.
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The origins of the Nissan Sentra date back several decades, to the time when Nissan wasn't known as Nissan but Datsun. We can say that the Sentra is a sedan that has transcended the ages. With all that history, we have the right to expect an accomplished and certainly very competent car. The reality, however, is otherwise.
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NASCAR point leader Jimmie Johnson (Chevy No 48) led the most laps and then went on to win the Sprint Cup Checker O'Reilly Auto Parts 500 at the Phoenix International Raceway on Sunday afternoon.
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Adam Carroll (Ireland) and Filipe Albuquerque (Portugal) won both races in China, second round of the A1 Grand Prix championship. Malaisia leads the provisional classification.
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The Force India Formula One team has announced today a major new technical partnership with McLaren Applied Technologies (which is a company wholly owned by the McLaren Group) and with Mercedes-Benz HighPerformanceEngines.
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Numerous former formula one winners and drivers turned out to test on Sunday ahead of the Dubai based Speedcar stock car series. But Canadian driver Jacques Villeneuve was not present.
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The Force India Formula One team has announced today a major new technical partnership with McLaren Applied Technologies (which is a company wholly owned by the McLaren Group) and with Mercedes-Benz HighPerformanceEngines.
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Adam Carroll (Ireland) and Filipe Albuquerque (Portugal) won both races in China, second round of the A1 Grand Prix championship. Malaisia leads the provisional classification.
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A McLaren F1 director, Simon Roberts, has been appointed in a leading role with the Force India Formula 1 team.
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The real political motive behind the Renault F1 Team's opposition to immediate Formula 1 testing cuts has now emerged.
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