Is the smell of death keeping customers away from General Motors showrooms? You bet, says Mark LaNeve, GM's vice president of North American sales, service and marketing.
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If U.S. auto sales sink beyond Ford Motor Co.'s forecasted rate, Ford will need a federal loan to survive 2009, CEO Alan Mulally said yesterday.
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Civil rights leader Jesse Jackson wants to mobilize minority auto dealers, suppliers and media to help explain the role the Detroit 3 play in local and minority communities across the nation. Jackson has scheduled a meeting Friday in Detroit.
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With a national average of just over 1.5 children per family, full-size minivans seem rather large for daily use. In a stroke of genius, Mazda has decided to bring the minivan down to a more palatable size, one that meets a family's real needs.
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Old asphalt shingles, which are usually found on rooftops, are being given a new life in Nova Scotia: the government plans on using them to pave a road. About 20 tons of recycled asphalt shingles will be used to pave Mills Drive, in Goodwood, a Halifax Regional Municipality. This innovative recycling pilot project should cost around $180,000.
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With a national average of just over 1.5 children per family, full-size minivans seem rather large for daily use. In a stroke of genius, Mazda has decided to bring the minivan down to a more palatable size, one that meets a family's real needs.
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Ford has just submitted their business plan to the US Congress, detailing plans for future profitability and an electric car strategy. Congress asked for business plans from the ailing 'Big 3' automakers, in consideration for 'bridge financing'.
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Two-time Formula 1 World Champion Fernando Alonso has said he would consider leaving formula one if the sport enforces standard engines from 2010.
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The 15-race Indy Lights series' schedule for 2009, divided among eight ovals, four temporary street circuits and three permanent road courses, includes three new venues and the series' first two races outside of the United States.
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The contract was officially signed on Wednesday. Canadian Jacques Villeneuve, the 1997 formula 1 world champion will contest the full 2009 season of the Speedcar series this winter.
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Ford, GM and Chrysler have publicly released their business plans that have been submitted to the U.S. Government in order to seek financial aid. While Ford seems to have enough cash on hand to survive a dark-looking 2009 sales year, GM and Chrysler need extra funding immediately.
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In the grip of the global financial crisis, Honda's formula one team has cancelled its usual annual post-season media lunch.
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Having finished the 2008 MotoGP campaign at the bottom of the manufacturer standings, Kawasaki has no choice and must improve their results next season as the pressure mounts on the Japanese manufacturer's team.
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Renault's 2009 Formula 1 car, the R29, will make its test track debut on January 20, team driver Fernando Alonso said at a sponsor event on Tuesday.
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The fourth Formula BMW World Final, to be held at the Autódromo Hermanos Rodríguez in Mexico City from 5th to 7th December 2008, offers the winner a unique prize - he will get the chance of a test drive in a BMW Sauber F1 Team racing car.
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The contract was officially signed on Wednesday. Canadian Jacques Villeneuve, the 1997 formula 1 world champion will contest the full 2009 season of the Speedcar series this winter.
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Ford, GM and Chrysler have publicly released their business plans that have been submitted to the U.S. Government in order to seek financial aid. While Ford seems to have enough cash on hand to survive a dark-looking 2009 sales year, GM and Chrysler need extra funding immediately.
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Chrysler LLC chairman and CEO Robert Nardelli will present a business plan before various committees of the US senate this week to appeal for "bridge financing' for the suffering American auto industry. The plan was submitted yesterday to the Senate Committee on Banking, Housing and Urban Affairs and the House Committee on Financial Services.
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Sebastien Loeb may have already wrapped up this year's WRC Drivers' title but the battle between Ford and Citroen for the Manufacturers' trophy is going right to wire.
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In the grip of the global financial crisis, Honda's formula one team has cancelled its usual annual post-season media lunch.
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