Swedish firm confirms engines, specs and prices for its BMW 5 Series rival

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Fiat will cut 5,000 jobs in Italy as part of a new strategic plan that includes Chrysler building Fiat cars in North America for European markets. Chrysler will build 270,000 units a year for Fiat brand, Alfa Romeo and Lancia in factories in the U.S.
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When you talk to automotive executives about whether the German government should give financial aid to Opel, you run into unanimous opposition, unless you talk to a General Motors manager.
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Shanghai Automotive Industry Corp. plans to build and sell a right-hand drive version of its newly unveiled Roewe 350 hatchback in England, said Chen Zhixing, executive vice president of SAIC.
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Opel CEO Nick Reilly has promised his German dealers that the automaker will press ahead with the development of the minicar they have been wanting.
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Honda said it has received more than 10,000 orders for the CR-Z sporty hybrid car after a month on the Japanese market, or 10 times the pace of its monthly sales target. Of the total, half of the buyers were new to the Honda brand.
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Aston Martin made a profit in 2009, CEO Ulrich Bez said. Bez declined to give further details about the size of the profit. Aston Martin thus performed better than many of its rivals in the hotly contested market for high-performance sports cars.
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Daimler plans to pay $185 million to settle charges that it violated U.S. bribery laws by showering foreign officials with millions of dollars and gifts of luxury cars to win business deals.
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Daimler AG was charged with violating U.S. bribery laws related to deals in at least 22 countries over almost a decade, according to a document filed in a U.S. court today. The U.S. Full story…
A lightweight version of the mid-engined Porsche Boxster roadster, the Spyder represents the true, purist form of the Porsche sports car - light, powerful, open-roofed, and very efficient.
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Porsche will introduce the next-generation Cayenne sport utility
vehicle, including a hybrid gas-electric version, to the North American market on March 31during a
press conference at the New York International Automobile Show.
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A ‘green’ revolution is being staged by Mazda that will mean upper medium sector company car drivers by 2015 will be at the wheel of models with fuel economy and emissions equivalent to today’s supermini standards. Full story…
Renault's previously blank yellow sidepods will feature prominent 'DIAC' branding as from this weekend's Australian grand prix and "forthcoming rounds".
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Road racing remains a big part of life for the Canadian Harley-Davidson distributor, as they have just announced exhaustive plans for the coming season as well as 2011.
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In a move that will have a positive impact on his racing in Canada, Harley-Davidson stalwart racer Darren James just announced that he will participate in non-clashing races of the inaugural Harley-Davidson XR 1200 Trophy race series, as part of the 2010 British Superbike Championship.
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It emerged before the 2010 season opener that the McLaren driver will no longer be handled professionally by his father Anthony.
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The organizers of the Dakar rally raid announced that the event would take place again in South America in 2011.
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The DTM organisers began discussions with american sportscar serie Grand Am for the future.
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NAVTEQ, the leading global provider of digital map, traffic and location data for in-vehicle, portable, wireless and enterprise solutions is having its Map & Positioning Engine concept taken significantly closer to production by the development of a reference application in collaboration with NXP Semiconductors and the electronics and software specialist, Technolution.
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Ralf Schumacher will continue his DTM career in 2010, and will start his third season in the championship with Mercedes.
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