Ford Motor Co. will drop one shift and 900 workers at the AutoAlliance Mustang plant in Flat Rock, Mich., to increase the plant's efficiency, Ford spokeswoman Marcey Evans said today.
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Powering heavy trucks with natural gas is the first step in U.S. energy independence, Texas oil and gas billionaire T. Boone Pickens told a gathering of the nation's automobile dealers.
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Hyundai Motor Co. plans to ramp up production at its Ulsan, South Korea, factory to meet rising demand for its all-new Tucson crossover, U.S. chief John Krafcik said.
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Federal regulators are investigating whether Toyota Motor Corp. made its unintended-acceleration recalls promptly enough and whether they included all models with possible defects.
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In News Brake: The Porsche Panamera line grows with two V6 models, the Mercury Tracer is back, and so is Alfa Romeo . . . But Wait, There's More!
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Daimler AG's supervisory board is set to approve a three-year extension to CEO Dieter Zetsche's contract on Wednesday, a source familiar with the matter told Reuters.
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Tata AutoComp Systems has sold a circa 6% stake in its joint venture firm Automotive Stampings and Assemblies for INR35.8m, stock market data showed.
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Mini E cars equipped with a new generation of electric cabin heaters from BorgWarner Beru Systems are currently being tested in rental vehicles in the US, the UK and Germany, among other countries.
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The announcement that Carl-Peter Forster has taken a senior job at Tata Motors isn't exactly surprising. It was rumoured to be on the cards last year after he had left GM. Ratan Tata is clearly looking for someone with the relevant experience and ability to take TM to the next level - essentially a major presence on the international stage.
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Mitsubishi Motors is believed to be targeting Thailand and China to build low-cost fuel-efficient models, which could retail for around Y800,000 ($8,860), considerably below the current market price.
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Tata Motors, India's largest automaker, is keen to sell a stake in its financing arm, a senior official said on Tuesday.
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Hyundai Motor plans to increase its US market share to 4.5% this year from 4.2% in 2009, boosted by new model launches and aggressive marketing, its local sales chief has said.
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Two celebrated performance brands--Mercedes AMG and Cigarette Racing--unveiled a custom Cigarette inspired by the SLS AMG (and#8220;Better Than the Original?and#8221;, AW, Nov. 30, 2009), at the Miami International Boat Show.
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The six-cylinder siblings of the V8 Porsche Panamera will hit U.S. shores in June, packing 300 hp and starting at $75,375 for the rear-wheel-drive model.
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Toyota Motor Corp. is switching from factory overtime to factory shutdowns because of the disruption in retail sales caused by its January safety recall.
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Fiat Group directors met in Turin today and approved the consolidated financial statements which confirmed trading profit of EUR1,058m and a net loss of EUR848m as announced on 25 January 2010. A dividend of EUR0.17 a share was also approved.
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Union representatives at Volkswagen have broadly welcomed today's (16 February) deal that concluded last year's collective bargaining agreements and should secure 100,000 jobs.
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