A former GM executive has pleaded guilty last week in a complicated contracts kickback scheme that netted him US6.5m.
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The British Government's business minister Lord Mandelson has announced that the Government is setting up a new 'Automotive Council' to address the long-term strategic challenges facing the UK car industry.
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Ford of Europe's sales in October increased by 12.8% year-on-year to 121,000 units, giving Ford its highest European market share in twelve years. Ford's market share rose by 0.5 percentage points in comparison to October last year.
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Bentley launches new range of luxurious accessories to complement its luxurious cars.
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By far the most famous thoroughfare in Michigan is the iconic Woodward Avenue, or M-1 in the state's official designations for roads.
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S. Shlomo Holdings Ltd. subsidiary Shlomo Sixt Ltd. has reportedly obtained permission to import and market Chinese Chery cars in Romania.
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Carlos Ghosn has reiterated that he believes strong growth in emerging markets such as China will help Nissan return to profitability in the current financial year.
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PSA unveiled a 3-year plan to boost productivity, cut costs and lift sales in growth markets including China, Russia and Latin America. The company said it wanted the 3.
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Mazda Motor Corp. will reduce its vehicle weights by at least 220 pounds beginning in 2011, with a combination of lighter-weight materials, smaller vehicle footprints and new engineering processes, a top executive says.
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MOTORSPORTS EDITOR MAC MORRISON: Judging the Challenger on pure performance is only going to lead to disappointment. Other than lighting up the tires and smoking out the drag strip, it doesnand#8217;t do anything particularly well.
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Toyota is planning to close some 300 dealerships across Japan over the next three years amid a shrinking domestic market, according to local media reports.
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GM has said it plans to hire 600 workers for three Brazilian plants in the state of Sao Paulo to boost output as car demand continues to grow.
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Troubled Ssangyong Motor has reported its eighth straight quarterly loss for the third quarter of this year.
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Electric cars could help China and other countries reduce their dependency on oil but the government must provide incentive to make the shift, said Nissan and Renault CEO Carlos Ghosn.
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Karl-Thomas Neumann, ousted as chief executive of Continental, is rejoining Volkswagen as head of a new unit responsible for developing electric mobility.
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PSA Peugeot Citroën said it has revised its 2009 forecasts significantly upwards due to the recent improvement in the automobile market and the ongoing success of new Peugeot and Citroën models.
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BMW is to invest CNY5 bn (USD732m) to expand production capacity in China with its local partner, Brilliance Auto Group.
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As elsewhere in the region, the Egyptian auto market was heavily hit by the impact of the global economic recession in the first half of 2009. Sales of vehicles dramatically dropped by just over a third in H109 compared to the same period in 2008, according to research by Business Monitor International (BMI).
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The man behind the legendary game joins us at the Nürburgring to see if he can cut it as a bona-fide racer!
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The man behind the legendary game joins us at the Nürburgring to see if he can cut it as a bona-fide racer!
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