General Motors is restructuring its sales, marketing and aftersales operations in Europe to give its Opel, Chevrolet Europe and Saab brands more autonomy.
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Volkswagen group's union chief Bernd Osterloh has joined the four-person inner council of Porsche Automobil Holding, the body that oversees the Porsche-Piech family's 51 percent stake in VW group.
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Citroen disappointed a lot of people earlier this month. Rumors were running wild that the French carmaker was bringing back its legendary DS line.
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The battle among suppliers to develop the batteries that will power tomorrow's cars has just begun. And the current leaders won't be the winners at the end. So believes Wolf-Henning Scheider, Robert Bosch's president of gasoline systems.
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Auto dealers can expect little help with their inventory financing from financial rescue and economic stimulus measures adopted by the Obama administration and Congress, industry analysts say.
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President Barack Obama has decided to form a government task force to oversee the restructuring of the struggling U.S. auto industry instead of naming a "car czar" with sweeping powers, a senior administration official said on Sunday.
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Fiat is considering whether to export some Europe-built products to the US prior to starting local production there in mid-2011.
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On Tuesday, Feb. 17, Chrysler LLC must present to the U.S. Treasury Department its plan for survival. But the company's survival and#x2014; plan or no plan and#x2014; is very much in doubt.
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Italian premium brake-maker Brembo will lay off up to 1,840 workers as the auto sector downturn hits, pushing its fourth quarter to a net loss.
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Rather than slashing the price or pouring on incentives, BMW is limiting the supply of its European-built X3 compact crossover to maintain profits until it shifts production to South Carolina.
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Over the past six years, Audi has pushed hard to develop the Western market, says Reinhard Fischer, director of network management at Audi of America. It's starting to pay off.
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Audi dealers now are among the industry's most profitable. But Audi has traveled a "rocky road" with its U.S. dealers, Audi of America President Johan de Nysschen says. In 2007, Audi introduced a new margin and bonus system.
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Spearheading the creation of one of the most beautiful sports cars ever made is one of the reasons why Ferruccio Lamborghini has earned a spot in the European Automotive Hall of Fame.
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Renault's planned 2012 launch of electric cars in Europe is based around the continuation of generous government purchase price subsidies and no new taxes on electricity used as vehicle fuel, a top executive said earlier this month.
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Sales of the Volkswagen Golf were supposed to suffer last year ahead of the arrival of the new sixth-generation model last autumn.
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The recession gripping the worldand#8217;s automakers hadnand#8217;t hit when product plans for many vehicles were hatched several years ago.
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It's been a tough five months since Jean-Pierre Ploue took over as the first director of styling at PSA/Peugeot-Citroen.
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President Barack Obama has decided to form a government task force to oversee the restructuring of the struggling U.S. auto industry instead of naming a "car czar" with sweeping powers, a senior administration official said on Sunday.
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Sales of the Volkswagen Golf were supposed to suffer last year ahead of the arrival of the new sixth-generation model last autumn.
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Suppliers are looking for more than 10 billion in loans from the European Investment Bank to help them cope with a growing cash shortage.
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