U.S. regulators have opened a formal investigation of 900,000 Ford Windstar minivans following 234 complaints of rear axles fracturing in 1999-2003 models, the National Highway Traffic Safety Administration said.
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Seeking to broaden its customer base and add momentum to U.S. sales gains, Chrysler Group today told dealers that it has reached an agreement with Santander Bank to offer financing to customers who don't qualify for prime loans.
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CGI Holding, the owner of both Chrysler Financial and Old Chrysler, repaid a $1.9 billion loan from the U.S. Treasury Department -- more than the government said it expected to recover on the loan.
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The U.S. Treasury Department said today it will lose $1.6 billion on a loan made to Chrysler in early 2009.
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General Motors Co. Corvette sports cars for the 2004 model year are being investigated by U.S. regulators for possible fuel-tank leaks, the National Highway Traffic Safety Administration said.
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Toyota Motor Corp., which dropped out of Formula One racing last year, has no intention of returning because the sport is out of touch with the carmaker's customer base, the head of Toyota's global racing program says.
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In one of the first arbitration decisions involving General Motors Co., a Michigan Chevrolet dealer won his bid for reinstatement and has been told he will be receiving a letter of intent from the manufacturer.
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General Motors has formed a partnership with Hawaiian power firm the Gas Company to test the stateand#8217;s hydrogen infrastructure.
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Lexus runs its LFA sports car at the notoriously difficult Nurburgring for the same reason racing legend Jackie Stewart dubbed the racetrack 'The Green Hell.' The circuit's 25.4 kilometers (15.
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The Lexus LFA is a car that has been stress-tested at Germany's notoriously demanding Nurburgring circuit northwest of Frankfurt. Asia Editor Hans Greimel accompanied Toyota on its latest run at the Ring. Here is his diary:
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SENIOR WEB REPORTER GREG MIGLIORE: I felt very European in this German station wagon with a five-speed manual transmission. And I liked it. My coffee even seemed smoother. Really, the highlight for me is the agreeable gearbox.
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Chrysler Group prevailed in arbitration last week against two Texas dealerships, bringing the company's arbitration record to five victories and one defeat.
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In News Brake: The Ford Fiesta rings up 40 mpg, the next Honda Civic is delayed, and a piece of Corvette history is for sale . . . But Wait, There's More!
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General Motors Co. wants to return to the era of subprime lending. The problem is, it can't. At least not in big numbers. That's why the automaker wants more control over its lending again.
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Three years after General Motors won wage and benefit concessions from the United Auto Workers (UAW), the company has yet to realise savings from a key provision that cuts pay by more than half for new US hires, a newspaper report said.
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The German car-making industry develops without a plan or strategy, Sueddeutsche Zeitung's Karl-Heinz Bueschemann said in his new book on the sector, Crashtest.
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Toyota has now said it will suspend production at its Thai Auto Works factory just outside Bangkok at the end of this month, as part of a revamp of its global production and supply network, rather than close it.
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WITH VIDEO -- Most people have seen the Old Town section of Colorado Boulevard in Pasadena, Calif., once a year--during the Rose Bowl parade.
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