Standard and Poor's on Thursday cut its ratings on PSA/Peugeot-Citroen into junk territory, citing an expectation that low demand will hurt the French automaker's already weak profitability.
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As Fisker Automotive Inc. gears up to launch its plug-in electric hybrid Karma luxury sedan next year, the company continues to add executives. Today Fisker said Marti Eulberg has been hired to lead the startup company's global sales and marketing.
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As Fisker Automotive Inc. gears up to launch its plug-in electric hybrid Karma luxury sedan next year, the company continues to add executives. Today Fisker said Marti Eulberg has been hired to lead the startup company's global sales and marketing.
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Bankrupt supplier Visteon Corp. posted a wider quarterly net loss on Thursday, hurt by steep production cuts by automaker customers, but said it had seen signs of improvement in vehicle production levels.
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General Motors Co.'s chief environmental, energy and safety officer, Elizabeth Lowery, is retiring, a GM spokesman confirms. The spokesman did not know when Lowery's retirement is effective.
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General Motors Co.'s chief environmental, energy and safety officer, Elizabeth Lowery, is retiring, a GM spokesman confirms. The spokesman did not know when Lowery's retirement is effective.
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If there were a reality-based makeover show for cars, the Passat CC would surely take top honours as the 'most improved' given its moxie over the regular version of VW's mid-size sedan. Based on the conservative Passat Sedan, the CC (or Comfort Coupe as defined by VW) is an outstanding example of modern automotive architecture.
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This month marks the beginning of a campaign by Audi of America to implement the use of Haweka wheel balancer tooling. The Special Tool and Equipment Program, which is available to all U.S. and Canadian Audi Dealers, will now offer Haweka brand flange plates.
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Porsche AG will present its new top-of-the-line 911 at the Frankfurt Auto Show from September 17-27, 2009. With fine-tuned styling and supreme refinement, the new 911 Turbo deploys far-reaching technological innovations, more power and lower weight to deliver even higher performance and enhanced driving dynamics.
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Kyle Busch, one of the most gifted drivers on the NASCAR circuit and current points' leader in the Nationwide series has confirmed that he will be in Montreal to take part in the NAPA Auto Parts 200 on circuit Gilles Villeneuve on August 29-30th.
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According to interview published in Autosport magazine, Mario Theissen has revealed that BMW could move from the WTCC to the DTM.
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New American Formula 1 team US F1 has turned down the opportunity to sign lucrative deals with pay-drivers for its formula one championship debut next year.
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This week contained the "bitterest day" in Peter Sauber's long career in motor racing, which dates back to his Swiss hill climb title of 1970.
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Axed Toro Rosso Formula 1 racer Sébastien Bourdais will not issue legal proceedings against the Red Bull-owned team.
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Ford Motor Company is urging suppliers to take advantage of the auto industry's restructuring to create a more financially viable business model that will help suppliers and automakers alike when the economy recovers.
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In 1989 when Infiniti took to the road, the first-ever website was still two years away. A lot has happened in the subsequent two decades - for both Infiniti and the world-wide web. Now, on the occasion of its 20th anniversary, Infiniti is proud to announce a new and world-class website for what has truly become a worldwide luxury brand and today present in 32 markets.
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According to former grand prix driver Luciano Burti, crash helmets have been improved in the last eight years, but more work could make them even safer.
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Another major American brand is being linked with the new-for-2010 formula one team US F1.
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The acclaimed 3-door hot hatch, manufactured at Honda's plant in Swindon, is to be shipped to Japan where it will go on sale during 2010.
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Subaru Canada executives have a major problem: they must learn how to deal with success! The near-complete overhaul of the lineup since 2008, led by the redesigned Impreza and Forester, has obviously played a huge part in that success. Therefore, it should make absolute sense that the introduction of two other revamped models, the Legacy and Outback, will keep the party going.
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