New vehicle retail sales in August are forecast by JD Power to cross the 1m-unit mark for the first time in the past 12 months, boosted by the 'Cash for Clunkers' scrappage incentive.
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The offices of Porsche have been raided by German federal prosecutors probing alleged insider trading on Volkswagen shares.
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Data analyst JATO says that July cars sales figures for Europe show that the Golf led the market for the fifth consecutive month.
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The heads of GM, Magna and its Russian partner Sberbank are reportedly due to meet today (Thursday, Aug 20) in Detroit ahead of GM's board meeting on Friday.
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Honda has said that it has started to manufacture the Spirior sports sedan at its Chinese joint venture, with sales of the new premium car to start next month.
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Ssangyong has said it is targeting sales of 32,000 vehicles this year, helped by rapidly recovering production after a 77-day strike.
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Cash for Clunkers is now coming to an end according to the National Automobile Dealers Association (NADA). NADA has asked the government to suspend the cash-for-clunkers program because a survey by the group found that the US$3bn fund has been exhausted.
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Volkswagen chief executive Martin Winterkorn has defended VW's plans to integrate Porsche and reiterated ambitious sounding targets for cost savings.
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Volkswagen is planning rapid sales growth in India and hopes to sell 100,000 cars annually in the country by 2014.
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A report in Financial Times Deutschland suggests that Opel/Vauxhall employees in Europe are sharply divided on their bid preferences with a geographical split evident in terms of German and non-German employees.
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Nissan North America says it has dramatically reduced the number of computer servers necessary for its manufacturing operations from 159 to just 28 at its Smyrna and Decherd, Tenn., plants.
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Greyhound, the iconic US bus brand, is crossing the Atlantic to start services in Britain next month.
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General Motors' California dealers have taken 2,400 offers to buy new vehicles through eBay in the first week of a pilot program with the e-commerce auction website.
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The German government is prepared to provide EUR4.5bn (US$6.35bn) in state aid for Opel if General Motors chooses Magna International rather than finance group RHJ to buy Opel, Deputy Economy Minister Jochen Homann said.
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Andrew Ranger will join three other drivers from Quebec on the grid of the NASCAR Nationwide race to be held on Circuit Gilles Villeneuve in Montreal at the end of August.
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The 2010 Honda Accord lineup receives new features on certain models with an expanded application of Bluetooth® HandsFreeLink® to vehicles equipped with leather seating surfaces (previously exclusive to navigation-equipped models) and new rear seat ventilation ducts on Accord Sedan EX and EX-L models for more-direct rear passenger airflow. Subtle modifications include graphically optimized climate control buttons and the addition of a trunk roof lining on Accord EX models.
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According to some well-informed sources, the Andretti Green Racing team, one of the most successful outfit in the IndyCar history, could be a thing of the past as its owners are rumoured to be on the verge of splitting before next season.
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Race drivers Robert Kubica and Nick Heidfeld told the media at Valencia on Thursday that they were not informed of BMW's decision to withdraw from formula one at the end of the season by the team's management.
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MINI fanatics from across Canada are invited to celebrate the 50th birthday of the beloved icon on August 26 at Polson Pier in Toronto. This event will feature the largest gathering of MINIs in Canadian History. With crazy MINIs, games, prizes, and a movie; the event is sure to be the highlight of the summer for MINI lovers.
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