The decisions by General Motors and Chrysler LLC to close more than 2,300 dealerships within the next 18 months will put pressure on vehicle prices, said AutoNation Inc. CEO Mike Jackson. "It's extremely painful in the short run and very disruptive.
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F1's insurgent teams will be back in deep conference early this week, as the battle over a budget-capped future continues. Following the meeting with Max Mosley and Bernie Ecclestone last Friday in London, the FOTA members have now resolved to sit down in Monaco on Tuesday, ahead of the Principality's famous grand prix.
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In a confidential letter, the chairman of the British Racing Drivers' Club has reportedly proposed to sell the 2009 grand prix venue Silverstone.
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As expected, the NASCAR All-Star 100-lap contest was pretty quiet until the very last 10-lap segment run Saturday evening at the Lowe's Motor Speedway in North Carolina.
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Tom Kristensen's Audi A4 grab victory in Hockenheim, first round of the 2009 DTM championship. Mathias Ekström lost his leadership after a puncture in the last laps. Even a great catch-up was not enough for Bruno Spengler who was forced to retire because of a broken suspension.
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In what has been one of the most dramatic Bump Day qualfiying session in years, Alex Tagliani was squeezed out of the Indianapolis 500 field in the final moments of the afternoon when many drivers improved their times to push the canadian on the bubble.
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Tom Kristensen's Audi A4 grab victory in Hockenheim, first round of the 2009 DTM championship. Mathias Ekström lost his leadership after a puncture in the last laps. Even a great catch-up was not enough for Bruno Spengler who was forced to retire because of a broken suspension.
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As expected, the NASCAR All-Star 100-lap contest was pretty quiet until the very last 10-lap segment run Saturday evening at the Lowe's Motor Speedway in North Carolina.
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We can say that the new XC60 is another step towards the automobile that drives itself. That's good and bad news at the same time; good because some people are too busy or too incompetent to drive, bad because we'd be missing out on a good vehicle.
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An exciting new 30-second Mitsubishi TV commercial, entitled "Blend," aired on April 27th on select national cable networks. The new spot showcases the Lancer sedan and highlights its distinctive styling and exhilarating performance, while also touting the Lancer's recent Intellichoice ranking over Mazda, Subaru and even BMW.
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Rob Huff and Alain Menu's Chevrolet were the winners of a hectic week-end in Pau. No less than nine drivers saw their qualifying time cancelled yesterday for "abnormal technicalities." Priaulx, who had set pole, was one of them. But this was only the beginning...
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Audi's boss thinks Volkswagen CEO Martin Winterkorn should head a combined VW and Porsche, a magazine reports.
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General Motors' Opel unit could go bankrupt if competing business plans for the carmaker from Fiat S.p.A. and Magna International are both unsuitable, Germany's Economy Minister was quoted as saying.
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Thousands of workers from Italy's auto group Fiat marched through the streets of Turin on Saturday shouting for job guarantees as the company moves to create what would be the world's second-biggest auto maker.
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Pennyslvania has 53 Chrysler LLC dealerships slated for closing on June 9, more than any other state.Here's a state-by-state count from the National Automobile Dealers Association:
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General Motors faces a government-imposed June 1 deadline to reach sweeping cost-cutting deals with bondholders and its union and has said it is probable it will follow rival Chrysler LLC into bankruptcy. Here are key upcoming dates.
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Talks between General Motors and the UAW have intensified in recent days as they focus on the automaker's plans to cut 21,000 U.S.
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General Motors has quietly roped off a bit of virtual real estate with a Web address similar to one used by Chrysler that could serve as an information clearinghouse if GM seeks bankruptcy protection.
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General Motors has quietly roped off a bit of virtual real estate with a Web address similar to one used by Chrysler that could serve as an information clearinghouse if GM seeks bankruptcy protection.
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Fiat S.p.A gave assurances it would not cut jobs nor close plants when the government approved incentives to buy cars, Italy's Industry Minister was quoted as saying on Saturday.
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