General Motors Co. plans to boost third-quarter North American vehicle production by 35 percent over second-quarter levels. The automaker said today it will build 210,000 cars and 325,000 light trucks in the three-month period.
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The Obama administration is urging the Senate by Friday to approve $2 billion in new "cash for clunkers" funding on grounds that the program has improved fuel economy, helped the Detroit 3 and reduced consumer gas costs.
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Ford Motor Co. posted its first sales increase in 19 months in July while most rivals pared their declines, boosting hopes that the federal cash-for-clunkers incentive has lifted industry demand from its 27-year lows.
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Ford Motor Co. posted its first sales increase in 19 months in July while most rivals pared their declines, boosting hopes that the federal cash-for-clunkers incentive has lifted industry demand from 27-year lows.
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In News Brake: Nissan turns over a new "Leaf" for electric cars, Smart is remaking its lineup for the future, and Acura could be done with ALMS competition after this season ... But Wait, There's More!
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Lotus enthusiasts looking to wring a little more power out of their rides now have a potent option: a supercharger kit for the Elise and Exige models.
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Lotus enthusiasts looking to wring a little more power out of their rides now have a potent option: a supercharger kit for the Elise and Exige models.
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Nissan Motor Co. has left its corporate digs in Tokyo and moved into a new high-tech global headquarters in Yokohama, where the carmaker was founded in 1933.
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Tata Motors said its vehicle sales jumped 18% in July, driven by a 23% growth in domestic sales. However, year to date sales were lower by 1% as export falls continued to weigh down performance.
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More than 6,000 U.S. hourly workers have left General Motors Co. under the automaker's latest buyout program intended to make it a leaner company after its emergence from bankruptcy.
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Chrysler plans to continue production of the PT Cruiser - launched in early 2000 as a 2001 model - but has not detailed for how long.
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Ford on Monday claimed demand for its fuel efficient vehicles coupled with the US government's CARS (Car Allowance Rebate System aka 'cash for clunkers') scheme had given it the first sales increase of any major manufacturer in the US so far this year.
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Maruti Suzuki India sold 78,000 vehicles in July, the Indian company said, up 33.4% on the same month last year. The total includes 10,546 units sold overseas.
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Sales of new motor vehicles in Japan fell for the 12th month in a row with July sales off 4.2% year on year to 289,927 units, according to the local auto dealers association.
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FRANKFURT -- Mercedes-Benz is set to join forces with Renault in a deal aimed at providing its underdeveloped Smart division with a new four-seat model.
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Mercedes-Benz is set to join forces with Renault in a deal aimed at providing its underdeveloped Smart division with a new four-seat model.
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Though the overall economy will remain weak, used-vehicle sales will continue to rise in the second half of the year, a new midyear study from Manheim predicts.
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General Motors on Monday said its July sales in China surged almost 78% year on year to 144,593 units.
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