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Oct
22nd

NASCAR penalizes Roush Fenway Nationwide Team for Engine Rules Violation

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NASCAR officials today announced a $30,000 (USD) fine against Roush Fenway crew chief, Eddie Pardue, and docked 100 Nationwide championship points from owner, Jack Roush, and Matt Kenseth of the #17 Ford for an engine rules violation. Full story...
Oct
21st

Fisker Automotive: The road less traveled for hybrids–in style:

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Fisker Automotive is taking a reverse approach to hybrids. Full story...
Oct
21st

Fisker Automotive: the road less traveled for hybrids–in style:

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Fisker Automotive is taking a reverse approach to hybrids. Full story...
Oct
21st

A Tokyo auto show special edition of AutoWeek’s News Brake, for Wednesday, Oct. 21:

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In today's News Brake: It's a Tokyo auto show special edition, with a look at some of the cars the editors of AutoWeek thought were award winning . . . But Wait, There's More! Full story...
Oct
21st

A Tokyo auto show special edition of AutoWeek’s News Brake for Wednesday, Oct. 21:

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In today's News Brake: It's a Tokyo auto show special edition, with a look at some of the cars the editors of AutoWeek thought were award winning ... But Wait, There's More! Full story...
Oct
21st

Fisker will announce plant for hybrid soon

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In two weeks Fisker Automotive Inc. expects to announce which plant in North America will assemble its mid-sized plug-in hybrid sedan starting in 2012. Full story...
Oct
21st

U.S. auto sales will rise more than 15% next year, forecaster says

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U.S. auto sales are projected to rise nearly one-fifth to 11.8 million units in 2010, influential industry tracking firm CSM Worldwide said today, citing signs that the worst of the economic downturn had passed. Full story...
Oct
21st

Pay czar expected to cut executive payouts by 90%

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The Obama administration plans to order that the top earners at firms that received government bailouts -- including General Motors, GMAC, Chrysler, and Chrysler Financial -- will see their cash payouts cut by an average of about 90 percent from... Full story...
Oct
21st

Dealers must be comfortable directing customers to plug-ins, Bill Ford says

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Dealer education is key to launching electric vehicles, so retailers will feel comfortable urging customers to give plug-ins a try, said Bill Ford, executive chairman of Ford Motor Co. Full story...
Oct
21st

Hyundai may extend return program, Krafcik says

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Hyundai Motor Co. is considering extending its successful U.S. incentive program that allows consumers to return vehicles if they lose their jobs, its U.S. CEO said today. Full story...
Oct
21st

Nissan spreads electrics to Infiniti, vans:

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TOKYO -- Nissan Motor Co. will expand its line of electric vehicles to the luxury Infiniti brand as early as 2012 and also will create an electric commercial van to sell to governments and fleet customers. Full story...
Oct
21st

Fiat CEO Marchionne sees higher 2010 profit in changed industry

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Fiat S.p.A. said it expected to boost trading profit 50 percent to 1.5 billion euros in 2010 from this year's target if Italy continued subsidies to buy cars, but still planned to stick to its tough cost control. Full story...
Oct
21st

Fiat CEO Marchionne sees higher 2010 profit

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Fiat S.p.A. said it expected to boost trading profit 50 percent to 1.5 billion euros in 2010 from this year's target if Italy continued subsidies to buy cars, but still planned to stick to its tough cost control. Full story...
Oct
21st

Fiat CEO Marchionne sees higher 2010 profit in changed industry

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Fiat S.p.A. said it expected to boost trading profit 50 percent to 1.5 billion euros in 2010 from this year's target if Italy continued subsidies to buy cars, but still planned to stick to its tough cost control. Full story...
Oct
21st

Volkswagen eliminates DDB, Wieden and Kennedy in ad agency review

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Omnicom Group's DDB and independent Wieden and Kennedy have been eliminated from Volkswagen of America's pitch as its new national creative agency of record. Full story...
Oct
21st

JAPAN: Toyota may fix US gas pedals too

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Toyota is also considering fixing the accelerator pedals of vehicles in a ''safety recall'' it issued in the United States over the risk that a loose driver side floor mat could slip forward and jam the pedal, sources close to the matter said on Wednesday. Full story...
Oct
21st

Subaru will add first hybrid in 2012

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Subaru will add its first hybrid vehicle in 2012 as part of a push to improve the fuel economy average of its fleet and meet more stringent emissions regulations. Full story...
Oct
21st

RUSSIA: AvtoVAZ retailer in trouble too

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Several subsidiaries of Lada-Servis, a major retailer of indebted car maker AvtoVAZ, are facing bankruptcy, Kommersant business daily reported on Wednesday. Full story...
Oct
21st

RUSSIA: Car market has good prospects – Putin

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The Russian car market has good prospects, prime minister Vladimir Putin has said. Full story...
Oct
21st

FRANCE: PSA Q3 revenues off 7.7% after “mixed” markets

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PSA Peugeot Citroen on Wednesday said Q3 revenues fell only 7.7% compared to 24.9% in Q1 and 18.9% in Q2, 2009. Full story...
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