General Motors told dealers today it has decided to cancel a G8 sport truck that was scheduled to debut this fall. The reason, in part, is GM's )x("",continuing vehicle review to make the company viable, said Pontiac spokesman Jim Hopson.
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Want to buy the first retail versions of two future icons? Get ready to pony up--for charity.
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The average automotive manufacturer incentive in the US was US$2,902 per vehicle sold last month, the highest ever for December, Edmunds.com said.
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Kia is tipping its Detroit auto show hand a little more by releasing another teaser shot of the concept vehicle it plans to debut.
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Sales of new cars and motorbikes in Indonesia surged in 2008 but are expected to drop off this year as the effects of the global credit crunch hit, the local automotive association said.
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Investment Dar is in negotiations with a Saudi investor to sell 10% in the luxury carmaker Aston Martin, according to local reports.
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Has a backlash by temporary workers summarily dismissed from their auto jobs in Japan begun?
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Following on from similar moves at automakers, Japan's biggest bearing maker NSK plans to dismiss about 2,000 temporary workers at domestic plants, company sources have said.
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Japan's Toray Industries Inc., the world's largest supplier of carbon fiber, has taken a 21 percent stake in a German rival to begin producing lightweight auto parts in Europe.
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German billionaire Adolf Merckle, assailed by financial turmoil and struggling to salvage his business empire, has killed himself, his family said today.
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General Motors will receive its second US$5.4bn portion of its government loan on 16 January, the US Treasury has said.
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California-based Hyundai Motor America has introduced a unique finance deal that allow customers to return cars if they lose their jobs in the first year.
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During a focus group meeting in late November, Joel Ewanick, Hyundai Motor America's vice president of marketing, realized no matter how much cash Hyundai piled on the fenders, it probably wasn't going to get buyers into showrooms.
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XF line up gets new diesel flagship model with 600Nm of torque.
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German vehicle production fell last year for the first time since 2002, to 5.5m units, down three percent on 2007.
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General Motors, Ford Motor Co., American Honda and Toyota Motor Sales U.S.A. all reported sales declines of more than 31 percent in December as the U.S. auto industry capped its worst year since 1992.
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Ford Motor Co. dominates a special list of Detroit 3 vehicle recommendations by Consumer Reports in its February issue.
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German supplier Stankiewicz has commenced insolvency proceedings.
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