Nissan Motor Co. forecast profit will more than triple this fiscal year as auto demand recovers in North America and sales grow in China. Nissan, Japan's third-largest automaker, said it may boost net income to $1.
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French tire maker Michelin will take part in the consolidation of the industry and "depending on the possibilities" will not simply remain an observer, a finance official told a German newspaper.
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The German government's loan guarantee committee was meeting Wednesday to discuss Opel's request for 1.5 billion euros ($1.
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NSK Ltd. provides standard electric power steering for the new Renault Scenic and Grand Scenic minivans.
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The auto industry crisis has changed the relationship between carmakers and Europe's big dealer groups with retailers asserting more independence from manufacturers, a market research company said.
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The Czech Republic and Hungary probably recovered from recessions in the first quarter as demand for their auto and other exports in the euro area improved.
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Chrysler is prepping the launch of a corporate branding TV campaign it hopes will help repair its image in the minds of consumers -- and it's hired a new agency, Interpublic Group of Cos.' Gotham, for the project.
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During the depths of the auto industry's collapse a year ago, Ford told shareholders at its annual meeting that they might have to wait until 2011 before the company started making money again. It turns out they didn't have to wait that long.
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The auto industry crisis has changed the relationship between carmakers and Europe's big dealer groups with retailers asserting more independence from manufacturers, a market research company said.
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THINK has completed a US$40 million equity increase to support further product development and planned expansion into North American markets. With the new equity, THINK is now fully funded and expects to become cash-flow positive in 2011.
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Michael Waltrip, one of NASCAR's "characters," and co-owner of Michael Waltrip Racing has started a flurry of speculation after posting a photo of himself and his #15 NAPA Toyota in a current configuration, right down to the shark fin on the driver's side right rear, on Facebook.
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NASCAR's $195 million showplace, the NASCAR Hall of Fame was opened to public in Charlotte, Tuesday, amongst some the most famous people in the 61-year old stock car racing series.
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A fun part about our job is to have to opportunity to drive a wide range of different cars and trucks, obviously for comparison purposes. Driving a Range Rover one week and a Toyota Yaris the next keeps us down to earth, and makes us realize that quality cars can be found at a reasonable price.
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The fastest and most powerful road-going sports car in the company's history, the new 911 GT2 RS is the new king of the hill in Porsche's sports-car lineup, delivering truly blistering performance on the road and track. It makes its world debut at the Moscow auto show on August 25, 2010.
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Germany's Bild-Zeitung tabloid revealed that Red Bull's three title rivals are conspiring against the team with a common goal -- to stop the supremacy of the Renault-powered RB6 car.
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Zeewolde, the Netherlands - Spyker and Xbox are injecting the passion and thrill of Le Mans, one of the world's toughest motorsport challenges, into Xbox 360's most successful racing game, Forza Motorsport 3, just one month ahead of the iconic race on June 12-13.
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Janet Guthrie made history in 1977 when she became the first female driver to compete in the famed Indianapolis 500.
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According to Marcello Lotti, promoter of the World Touring Car Championship, Toyota, Honda, Alfa Romeo and Ford could join the series in the near future.
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