Shares of Tesla Motors Inc. fell another 16 percent today. It was the fourth consecutive decline after the electric vehicle maker's stock soared 41 percent in its first day of trading a week ago.
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It's not often that Americans see more than a couple dozen Porsches in one spot at the same time. But those who make it to the annual Porsche Club of America Parade in St. Charles, Ill.
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SENIOR WEB REPORTER GREG MIGLIORE: It's always enjoyable to have a big truck for the night, especially one as well-appointed and powerful as this Ram.
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SENIOR WEB REPORTER GREG MIGLIORE: It's always enjoyable to have a big truck for the night, especially one as well-appointed and powerful as this Ram.
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Tom Nemet, owner of the Nemet Auto Group in Jamaica, N.Y., and a major advocate for new car dealers and foreign brands, died July 4. He was 76. Nemet had been battling cancer for 18 months.
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In today's News Brake, Renault shows its electric DeZir, Bugatti sets a speed record and McLaren names dealers in the United States ... But Wait, There's More!
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Aston Martin is notorious for racing street-legal cars in events such as the Nürburgring 24 Hours. Now, it's bringing a bit of the 'Ring to Pebble Beach.
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Aston Martin is notorious for racing street-legal cars in events such as the Nürburgring 24 Hours. Now, itand#8217;s bringing a bit of the and#8217;Ring to Pebble Beach.
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Toyota's Indian division reportedly shut down operations yesterday (5 July) as workers went on a day-long general strike.
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Ford Motor Co.'s sale of its Volvo brand cleared a hurdle as European Union regulators said the U.S. automaker's deal with China's Geely Automobile Holdings would not significantly impede competition in Europe,
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European Union competition regulators approved on Tuesday Ford Motor Co.'s sale of its Volvo premium car unit to Chinese carmaker Geely Automobile Holdings Ltd. and state-owned investment group Daqing.
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June new vehicle sales in New Zealand continued on an upward trend with 5,786 cars (up 34% year on year) the highest monthly tally for 20 months.
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The English automaker says it expects North America to account for 30 percent of global sales of the MP4-12C. The two-seat sports car ,will make its North American debut at the Pebble Beach Concours d'Elegance in early August.
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Automaker is investing more than $2.8 billion in Brazil through 2012 as a burgeoning middle class, a strong currency and more jobs spur household spending on new cars.
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The changes continue at Germany's most famous sports-car maker: Porsche CEO Michael Macht is being replaced after less than a year at the helm by Matthias Mueller. The changes take effect on Oct. 1.
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Autumn debut for refreshed versions of Smart ForTwo city car and cabriolet.

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