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May
12th

F1: Monaco traffic is just an ‘extra challenge’ for Fernando Alonso

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Fernando Alonso has refused to echo the McLaren drivers' claims that traffic is set to make Monaco a "disaster" and "nightmare" this weekend. Full story...
May
12th

F1: Eddie Jordan explains Mercedes is ‘wrong’ to focus on Michael Schumacher

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If Mercedes has moved development of its 2010 car in the direction of Michael Schumacher, that tactic is "simply wrong". Full story...
May
12th

F1: FIA installs higher kerbs for 2010 Monaco

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Higher kerbs have been installed at key sections of the Monaco circuit ahead of this week's formula one race. Full story...
May
12th

NASCAR: Michael Waltrip running on Goodwood not back in a Toyota for Daytona Sprint Cup race

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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. Full story...
May
12th

Electric Car Maker THINK expands into North American markets

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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. Full story...
May
11th

Chrysler prepping new TV campaign to help brand image

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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. Full story...
May
11th

Porsche reveals extreme 911 GT2 RS:

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Porsche has revealed its most powerful and arguably most extreme road-going 911 to date: the GT2 RS. Full story...
May
11th

For Ford shareholders, what a change from 2009

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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. Full story...
May
11th

BMW seeks to cut spiffs as U.S. market improves, products arrive

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BMW will continue cutting U.S. incentive spending this year as it prepares to launch a number of key products. and#8220;We're not convinced we can keep the current level of incentive spending,and#8221; said Rich Brekus, BMW's general manager of sales. Full story...
May
11th

Hyundai explores pickup plans with Chrysler, report says:

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Hyundai proposed plans to Chrysler earlier this year to work together on a truck derived from the Ram chassis for Hyundai, Reuters is reporting. Full story...
May
11th

Workers must gain if autos recover, UAW’s King says

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The man expected to become the next president of the UAW says workers should share in the profits if the auto industry recovers. But he also wants to make sure Detroit automakers stay competitive. Full story...
May
11th

Hyundai has explored pickup venture with Chrysler, sources say

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Hyundai Motor Co. has floated plans to enter the U.S. pickup truck market and proposed a partnership with Chrysler Group, three people with knowledge of the process said. Full story...
May
11th

GM collaborates on hydrogen fueling stations in Hawaii for test fleet

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General Motors and Hawaii's The Gas Company plan to create an infrastructure of hydrogen refueling stations to support a test fleet of GM fuel cell vehicles. Full story...
May
11th

Price matters for would-be electric-car buyers, survey finds:

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Less green power for fewer greenbacks--that's a compromise some potential electric-car customers are willing to make, according to a recent survey. Full story...
May
11th

GM said to weigh returning to auto-lending business

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General Motors Co. may return to the auto-lending business more than three years after selling control of GMAC LLC, according to three people familiar with the company's plan. Full story...
May
11th

Fully Charged! American Express to sell half-off 2010 Ford Fusion hybrids:

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Looking for a good discount on the 2010 Ford Fusion hybrid? Howand#8217;s half off sound? Full story...
May
11th

Audi and Lexus ‘Ring out their supercars, in News Brake for Tuesday, May 11:

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In News Brake: Audi will have seven R8 racers at the 24 Hours of Nürburgring, IndyCar plays the name game, and Lexus prices its special 'Ring edition of the LFA . . . But Wait, There's More! Full story...
May
11th

US: Chrysler to spend $43m in Kokomo

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Chrysler Group on Tueday said it would spend $43m on new equipment and tooling to expand its operations in Kokomo, Indiana. The investment will create 399 new jobs, including up to 379 to be filled by employees called back from lay-off, plus 20 new hires in supervisory positions. Full story...
May
11th

US: Toyota to cooperate with NHTSA recall investigation

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Toyota Motor Corporation (TMC) says it will cooperate with a US investigation into a previous recall of its Hilux pick-up trucks. Full story...
May
11th

Chrysler to invest $43 million in Indiana powertrain facilities

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Chrysler said today it will invest $43 million to expand capacity at its Kokomo, Ind., powertrain operations in a move that will create nearly 400 jobs. Full story...
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