General Motors on Wednesday received the first $4 billion in emergency loans that the federal government has promised the automaker. Both GM and Chrysler had been scheduled to receive on Monday, Dec. 29, $4 billion from a total of $17.
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Philip Egan, a designer and author who is credited with designing the driver control area of the 1948 Tucker Sedan, died on Dec. 26 in Fairfax, Calif. He was 88 years old.
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One of the highlights of Ford's display at the 2009 North American International Auto Show in Detroit will be the debut of the 2010 Ford Mustang Shelby GT500 that has been blessed by 86-year-old Ol' Shel himself.
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Automakers may report December U.S. sales declines of more than one-third as the month's annual sales rate reaches the lowest level this year -- possibly below 10 million, analysts say. The auto information site Edmunds.
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The production version of the hybrid-powered Karma was pegged to be the centerpiece of Fisker Automotive at the Detroit auto show. That was, until Tuesday evening.
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Dreams, lust, single-minded pursuit, blind ambition, thievery--the car world is hardly immune, and sometimes otherwise rational people succumb. Here we catch up with some of autodom's most notorious figures of the last 30 years.
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Amid financial challenges, Chrysler LLC has canceled its annual getaway to reward top-performing dealers.
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The car business is influenced by people in both obvious and seemingly unrelated walks of life. Here is the latest on several who have had a big impact, good or bad, in the last 30 years.
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The production version of the hybrid-powered Karma was pegged to be the centerpiece of the Fisker Automotive at the Detroit auto show. That was, until Tuesday evening.
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Most fans of the new BMW Z4 will admire the finished product.
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GMAC, the General Motors financing affiliate that received a $6 billion infusion from the government, completed a multibillion dollar debt swap today designed to bolster its capital. The lender said holders of $21.
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Pininfarina, Italy's only remaining contract manufacturer in activity, on Tuesday approved a revised industrial plan which calls for ceasing contract manufacturing when current productions will end and concentrate exclusively on building electric...
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All-new Polo GTI, Golf MkVI vs rivals, ultimate SLR signoff, details on Jaguar's new superdiesel
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U.S. truck and engine maker Navistar International Corp. posted a quarterly net loss on Tuesday, reflecting asset impairment charges, but results before one-time items were better than Wall Street expected.
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Paul di Resta has revealed he is "close" to securing a formula one role for 2009.
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2008 world champion Lewis Hamilton has been made an MBE (Member of the British Empire) by the Queen.
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Two-time world champion Mika Hakkinen has leapt to the defence of two of formula one's leading figures.
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Soon, the Lexus LS460 will loose its title as the only vehicle that can park itself at the press of a button. Ford's luxury division, Lincoln, is introducing a new 'Active Park Assist' system on their MKS flagship sedan, as well as their new MKT crossover.
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