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May
5th

GERMANY: Car sales up 19.4% in April

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German new car registrations rose 19.4% year on year last month, the German international vehicle manufacturers' association, or VDIK, said on Tuesday. Full story...
May
5th

US: Chrysler dealer network close to collapse, court told

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Chrysler's US dealership network is on the verge of collapse because hundreds of dealerships have closed their doors this year and uncertainty about the company's future is driving consumers away, a bankruptcy court has heard. Full story...
May
5th

Two-wheel heaven: Quail plays host to first motorcycle event this weekend:

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The Quail: A Motorsports Gathering is getting a two-wheel counterpart this weekend. Full story...
May
5th

Sonic restructures $90 million in debt

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Sonic Automotive Inc., the nation's third-largest dealership group, has reached an agreement with its bondholders allowing the retailer to postpone payment of $90 million in debt until 2012. The debt would have matured this week. Full story...
May
5th

Sonic dodges bankruptcy through new debt accord

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Sonic Automotive Inc. avoided bankruptcy as bondholders allowed the nation's third-largest dealership group to postpone a $90 million debt payment until 2012. Full story...
May
5th

US: Big retailer seen eyeing Saturn

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General Motors' up-for-sale Saturn brand could end up in the hands of the owner of the second-largest US auto retail chain, people familiar with the situation have said. Full story...
May
5th

RUSSIA: Russians join Magna in consortium play for Opel stake – reports

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Russia's Sberbank and GAZ Group are joining Magna in talks to buy a controlling stake in General Motors' Opel unit, Russian media reported on Tuesday. Full story...
May
5th

CANADA: Magna confirms Opel talks

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Magna International has confirmed it was in talks with General Motors and German government officials about possibly taking a minority stake in GM's Opel unit but stressed there was no assurance that any transaction would result from the talks. Full story...
May
5th

CHINA: GM April sales up 50%

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General Motors' sales in China rose 50% year on year last month. Full story...
May
5th

Global Vehicles hires former GM exec for sales post

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Global Vehicles U.S.A. Inc. has hired former General Motors marketing manager Larry Daniel as its senior vice president for sales and marketing, the company said Monday. Full story...
May
5th

U.S. importer of India vehicles hires former GM exec

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Global Vehicles U.S.A. Inc., a fledgling importer of Indian-made vehicles to the United States, hired a former General Motors marketing manager to steer sales. Full story...
May
5th

NEW ZEALAND: New car sales “collapse” in April

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April saw a collapse in the New Zealand new vehicle market of even greater magnitude than what has been experienced in major overseas markets, a trade group said. Full story...
May
5th

FEATURE: Auto industry faces age of austerity (1)

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'Is it gloomy in here?' joked a speaker at last week's JD Power Automotive Forecasting Conference. She was partly referring to the overenthusiastic use of the dimmer switch at the posh London hotel that served as venue. But the question could also have applied to the mood in the hall. Dave Leggett was there and this is the first instalment of a three-part report. Full story...
May
5th

Baby Audi’s a Mini marvel

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Ultra-efficient city car takes firm into new territory – and could be the true spiritual successor to the Mini!


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May
5th

Tricky price for new Trixx

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Vauxhall weaves magic on electric city car, but powerplant alone will cost up to £8,000!


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May
5th

Ailing Chrysler goes bust

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End in sight for US marque
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May
5th

This week’s mag

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2011 Renaultsport Clio revealed, new Vauxhall Trixx, Nissan's MX-5 rival, Focus RS wildest ever test


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May
5th

VW CEO warns Fiat of troubles ahead

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Volkswagen AG CEO Martin Winterkorn warns that it will not be easy for Fiat to create another global auto giant. Full story...
May
5th

VW CEO warns Fiat synergies are never ‘simple or quick’

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Volkswagen AG CEO Martin Winterkorn warns that it will not be easy for Fiat to create another global auto giant. Full story...
May
5th

VW CEO warns Fiat synergies are never ‘simple’

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Volkswagen AG CEO Martin Winterkorn warns that it will not be easy for Fiat to create another global auto giant. Full story...
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