Daimler AG scrapped its annual dividend for the first time in 14 years after it swung to a worse-than-expected 2009 net loss, sending shares down to their lowest level in five months.
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At the Geneva auto show March 2, Bentley will debut the Continental Supersports Convertible, which the British ultraluxury brand says is the fastest, most powerful droptop it has ever built.
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A German government advisory panel has raised doubts about whether GM.'s reorganization plan for European arm Opel deserves crucial state aid, the Financial Times paper reported.
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The European Commission is reviewing the taxation structure of transport fuels in a move that could boost demand for gasoline at the expense of diesel, an EU official said on Wednesday.
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Volvo Truck Corp. said on Wednesday its election committee had decided unanimously to propose electing former Renault CEO Louis Schweitzer as chairman of the board.
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Escape was the first domestic SUV or crossover nameplate to offer a hybrid model. And this is a "full" hybrid; it can run solely on electric power (if you're gentle on the throttle and don't exceed 48 km/h).
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Day 2 of winter testing at Circuito Jerez de la Frontera, Spain where rain again played a major role as the track remained wet all day.
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The boys from Virgin Racing Formula 1 team are back, with starring roles in our latest YouTube production Life's a Beach.
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Escape was the first domestic SUV or crossover nameplate to offer a hybrid model. And this is a "full" hybrid; it can run solely on electric power (if you're gentle on the throttle and don't exceed 48 km/h).
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Brentwood,Essex - Ford's all-new C-car makes its European debut at next month's Geneva show, alongside final versions of C-MAX and Grand C-MAX which go on sale this year. There are also further product enhancements for the Ford Kuga and Mondeo and more options revealed for the new S-MAX and Galaxy.
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While most Formula 1 teams are currently testing their 2010 cars at Jerez in Spain, three new teams are fighting and wresting to make it to the grid for the opening race of the season in Bahrein.
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Opel will unveil its Flextreme GT/E concept car at the 80th Geneva Motor Show (March 4 - 14), that will boost the company's credentials as a leader in green technologies, offering expressive design with efficient environmental performance - and engineered with German precision.
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Toronto-native James Hinchcliffe will return for a second year to the Firestone Indy Lights Series in 2010 this time with Indianapolis-based Team Moore Racing.
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Privateer Sunred will become a semi-works Seat team in the 2010 WTCC series. The team will receive technical support of the Spanish car manufacturer, and may run a Seat Leon Tdi for reigning WTCC champion Gabriele Tarquini.
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I've said it before and I'll say it again: I love station wagons. A while back, I test-drove a Volkswagen Passat and a Cadillac CTS wagon. As I cruised around in these cars, I felt so smart, so much wiser than everyone. Here I was driving around in a car with as much cargo room as most other SUVs and CUVs all the while consuming much less fuel (OK, not exactly true with the Caddy) but you get the point.
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Leading electric vehicle manufacturer Tesla Motors is offering test drives this weekend in St. Moritz, the world's oldest and most prestigious winter resort.
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General Motors will invest more than $494 million and create nearly 550 jobs in three U.S. plants to produce the next generation fuel efficient Ecotec engine.
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Former Formula 1 driver Takuma Sato will return to racing in the IndyCar Series after inking a deal with KV Racing for this coming season.
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Here's a nice, fun and informative video that shows the fans how the Lotus T127-Cosworth Formula 1 car was designed and built in just a few months.
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To bring premium - or better yet - a true Audi to this class was an exciting challenge for us in Development. We did, of course, make clever use of the very good potential offered by the Group's modular system - that is one of the strengths of our Group.
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