General Motor Co.'s U.S. sales rose for the first time in 21 months in October and most big automakers also gained, supporting analysts' forecasts for the strongest month this year not aided by government incentives.
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U.S. light-vehicle sales -- bolstered by General Motor Co.'s first gain in 21 months -- declined less than 1 percent in October as the industry showed signs of a recovery without the aid of government incentives.
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U.S. light-vehicle sales -- bolstered by General Motor Co.'s first gain in 21 months -- declined less than 1 percent in October as the industry showed signs of a recovery without the aid of government incentives.
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Dura Automotive Systems Inc. is looking at acquiring the assets of an Asian and a European auto parts supplier and will consider more opportunities as supplier valuations become cheaper, its CEO told Reuters today.
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The National Association of Automobile Manufacturers of South Africa (NAAMSA) said domestic new car sales, supported by seasonally strong sales to the rental industry, had shown encouraging improvement though new commercial vehicle sales in all segments had continued to reflect weakness.
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New car registrations in Germany in October rose 24% year on year to 321,000 vehicles, the Association of International Motor Vehicles Manufacturers, or VDIK, said on Tuesday.
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PSA Peugeot Citroen has no plans to pull out of parts affiliate Faurecia despite seeing its controlling stake diluted as part of a US acquisition, the head of Faurecia said on Tuesday.
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The Federal Trade Commission has again postponed enforcement of the Red Flags Rule -- a regulation designed to protect consumers from identity theft. Enforcement has been delayed a fourth time -- until June 1, 2010.
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Toyota Motor Sales USA general manager Bob Carter has said a proposal to expand the Prius nameplate into a marketing sub-brand for a broad family of low-emission, high-mileage hybrid vehicles was controversial within the company and that a final decision was over a year away.
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BMW expects a slower recovery in 2010 US car sales than anticipated just a few months ago with consumer debt remaining a drag on the developing rebound, the automaker's president for North America has said.
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Dana Holding on Tuesday said third quarter earnings before interest, taxes, depreciation, amortisation, and restructuring (EBITDA) was US$101m, up $7m from the previous quarter.
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A former top Chrysler executive has said the automaker, now merged with Fiat, has less than a 50% chance of long-term survival.
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Joe Hinrichs, Ford Motor Co.and#8217;s manufacturing and labor relations chief and one of the companyand#8217;s fastest-rising executives, will run Fordand#8217;s Asia and Africa regions starting Dec. 1.
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What is it? The 2010 Honda Accord Crosstour is the latest in an emerging segment we're calling fastback-utility crossovers, joining the likes of the Toyota Venza and the BMW 5-series GT in the race for buyers looking for something other than...
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Opel Chairman Carl-Peter Forster left open questions about his future role at General Motor Co.'s European unit at an industry conference here.
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Opel Chairman Carl-Peter Forster left open questions about his future role at General Motor Co.'s European unit at an industry conference here. Media reports have suggested that Magna International Inc.
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The U.S. auto supply industry averted catastrophe during the implosion of vehicle sales this year but more than half of the private companies still standing are distressed, an industry consultant said on Monday.
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A former top executive at Chrysler said on Monday that the No. 3 U.S. automaker, which emerged from bankruptcy in June by selling most of its assets to Italy's Fiat S.p.A., has less than a 50 percent chance of long-term survival.
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First question: Is the 2010 Honda Accord Crosstour as unattractive in the flesh as it is in photographs? Answer: Pretty darned close. Directly from behind -- and directly from the side -- Honda's new crossover-meets-wagon looks appealing.
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