Ford Motor Co. plans to conclude its latest round of salaried job cuts by Friday. The reductions -- 10 percent of North American salaried staff costs -- were announced in November.
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General Motors will discontinue Cadillac's halo vehicle, the XLR roadster, at the end of the 2009 model year, a Cadillac spokeswoman says.
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Nissan's quirkily styled Cube has just been released in Japan and will be coming stateside this year.
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Nissan's quirkily styled Cube has just been released in Japan and will be coming stateside this year.
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SENIOR EDITOR (SPECIAL PROJECTS) KEVIN WILSON: Never having been much of a fan of the $40,000 SUV weighing nearly 5,000 pounds, I didnt find a lot enticing about this vehicle. It did go well in snow, with the drive-mode selector in auto.
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SENIOR EDITOR (SPECIAL PROJECTS) KEVIN WILSON: Never having been much of a fan of the $40,000 SUV weighing nearly 5,000 pounds, I didnt find a lot enticing about this vehicle. It did go well in snow, with the drive-mode selector in auto.
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A top supplier executive was among 13 business leaders who met with President Barack Obama at the White House today and endorsed the administration's economic stimulus plan. Later at a public event, Honeywell International Inc.
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Ford Motor Co. is expected to post a big fourth-quarter loss on Thursday, but investors likely will be looking a lot closer at the automaker's cash burn rate and prospects for 2009.
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The percentage of consumers who intend to purchase vehicles in the next six months has risen since November, despite back-to-back months of record lows in consumer confidence. In the Conference Board's monthly consumer confidence survey, 5.
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The percentage of consumers who intend to purchase vehicles in the next six months has risen since November, despite back-to-back months of record lows in consumer confidence. In the Conference Board's monthly consumer confidence survey, 5.
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At first glance, the car in our spy shot looks like a Honda Accord Tourer on tiptoes. But on closer inspection, tell-tale signs show it’s designed for the rough stuff.Set to be badged the Honda CUV, the newcomer blends the all-terrain benefits of a 4x4 with the practicality of an estate, and proves the Japanese maker is toughening up to take on the Audi Allroad and Volvo XC70.
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The UK's Retail Motor Industry Federation (RMIF), representing about 8,000 retail motor industry businesses, has welcomed government incentives announced on Tuesday.
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Chrysler LLC's purchasing chief is demanding a new round of price cuts from suppliers as the automaker faces a Feb. 17 deadline to justify its federal bailout money. Scott Garberding has ordered price cuts from all suppliers effective April 1.
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Volkswagen's Brazilian truck unit - recently sold to MAN in a deal expected to close this first quarter - is extending paid compulsory holidays for 3,500 employees, according to a local newspaper because of continued decline in demand for its vehicles.
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The British government and carmakers are trying to find ways to allow car financing companies access to credit from the Bank of England. The move came as the two sides discussed the UK government's planned £2.3 billion ($3.
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Anand Mahindra, Mahindra & Mahindra's vice chairman, has said that his company is not interested in acquiring either GM's Hummer or Ford's Volvo Cars unit.
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Honda Motor has reported a year-on-year production decrease in Japan for the second consecutive year but said increased output in Asia meant production in regions outside Japan rose for the 12th consecutive year.
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Elena Ford, great-great-granddaughter of found Henry Ford, has been appointed as Ford's director of global marketing, sales and service operations, effective February 1.
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