In today's News Brake: NASCAR drivers can cash in with an early exit, Buick plugs in to hybrids, and Aiko Toyoda is ready to bring excitement back to Toyota showrooms . . . But Wait, There's More!
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The US Senate will vote within hours this Thursday evening on a second and likely final cash injection for the taxpayer-funded CARS ('cash for clunkers') programme which ran through its original $1bn allocation in a week.
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Toyota hopes to start commercial production of fuel cell vehicles by 2015, new president Akio Toyoda told an auto industry conference in Traverse City.
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World Bank private sector lender International Finance Corp is to spend EUR135m on Volkswagen India's Pune car assembly plant to help create local jobs.
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Buick is planning two new crossovers, including a plug-in hybrid. The company today revealed its plans for the plug-in during the Management Briefing Seminars in Traverse City, Mich.
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Buick is planning two new crossovers, including a plug-in hybrid. The company today revealed its plans for the plug-in.
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Ford plans to replace or "refresh" 70 to 90% of its vehicle lines by volume in North America, Europe and Asia Pacific and Africa by 2012, the Traverse City auto industry conference in Michigan was told today.
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The popularity of the federal cash for clunkers incentive has drained U.S. dealer lots of vehicles. Preliminary inventory reports for Aug.
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The popularity of the federal cash for clunkers incentive has drained U.S. dealer lots of vehicles. Preliminary inventory reports for Aug.
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General Motors will use some of funds remaining after its Chapter 11 bankruptcy restructure to speed up important new model launches to recapture lost market share, chairman Ed Whitacre said soon after his first meeting as chair of the 'new GM' board.
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It's not a new law, but car dealers had better heed the Internal Revenue Service tax advisory released last week on the federal cash-for-clunkers rebates.
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The sales of new imported vehicles in Japan fell again in July, the 15th month in a row the sector has declined.
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Sirius XM Radio Inc. said today it posted higher quarterly revenue, despite a reduction in subscribers, and raised its income outlook, citing cost cuts and a potential rebound in automobile sales.
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Ford's Chinese joint venture had a record month in July, selling over 50% more vehicles than last year.
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The cash-for-clunkers program has reached sales of more than 180,000--topped by the Toyota Corolla--as the Senate is poised to vote on an extension of the program on as soon as Thursday.
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Just days after pulling the wraps off of its prototype Leaf electric vehicle in Japan, Nissan Motor Co. says it has committed to an early launch of 5,000 sales in the United States, starting late next year.
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Just days after pulling the wraps off of its prototype Leaf electric vehicle in Japan, Nissan Motor Co. says it has committed to an early launch of 5,000 sales in the United States, starting late next year.
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Buick's lineup is growing--it's getting a new five-passenger crossover in 2010, with a plug-in hybrid following in 2011.
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Buick's lineup is growing--it's getting a new five-passenger crossover in 2010, with a plug-in hybrid following in 2011.
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