The future of Maserati is looking brighter after the company posted impressive sales gains in key markets this year.
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New Porsche chief Matthias Mueller says the automaker will have alternative-propulsion technologies that fit the brand
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The redesigned Optima sedan launched last week at the Paris motor show is expected to significantly grow Kia's presence in the European D segment.
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Volkswagen's factory in Landaben, Spain, will make 335,000 units this year, thanks to brisk demand for the Polo supermini, a trade union official confirmed.
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General Motors' Opel division will shut its factory in Antwerp, Belgium, by the end of this year after failing to find a buyer. A Chinese automaker and an American investor had expressed interest in buying the factory, a union official said.
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General Motors' Opel division will shut its factory in Antwerp, Belgium, by the end of this year after failing to find a buyer. A Chinese automaker and an American investor had expressed interest in buying the factory, a union official said.
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Faurecia has been cleared by the European Commission (EC) to acquire the Spanish subsidiary of components manufacturer Plastal Holding.
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Indonesian exports of built-up vehicles are projected to increase by over 30% to around 74,000 units in 2010, according to data released by the industry association Gaikindo.
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It surprised no one that September's United States light vehicle sales were better than 2009's post-rebate swoon. According to Ward's, volume was up 28.5% and year-to-date (YTD) sales are now 10.3% ahead of 2009.
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After new car registrations in Germany declined at a significantly slower rate in September than in August, the VDA industry body said the German car market should return to growth towards the end of 2010.
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The body of German super car builder Uwe Gemballa has been found in South Africa eight months after he vanished on a business trip there, police said.
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Audi is considering selling its next-generation A1 compact car in the United States to capitalize on consumer interest in small cars and hedge against fluctuations in fuel prices.
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Volvo expects a double-digit rise in unit sales this year. CEO Stefan Jacoby said the Swedish carmaker will sell 380,000 cars in 2010 worldwide, up 13 percent from the 335,000 cars sold last year.
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Renault plans to almost double its share of car sales in Brazil in the next three years through investments and by introducing new vehicles, according to a newspaper report.
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Visteon, once the second-largest U.S. maker of auto parts, emerged from bankruptcy protection Friday after reducing its debt by about $2.1 billion. More than 40 bondholders, including the distressed-investment units of Deutsche Bank Securities Inc.
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Tesla Motors said it is recalling more than 400 of its battery-powered Roadsters because of the risk that a power cable could short and catch fire.
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The race for the top-selling luxury marque in the United States took a turn in September as Mercedes-Benz used a 22 percent monthly gain to overtake Lexus after nine months.
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It's not quite time to sing "Happy Days are Here Again." But in September, the U.S. auto industry posted its best monthly sales rate in 13 months.
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Ready or not, the Fiat 500 is coming to dealerships early next year armed with Italian style and penny-pinching fuel economy. The 500 was the cute little economy car that put postwar Italy on wheels when it arrived in 1957.
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If the AmeriCredit acquisition works as General Motors Co. intends, GM dealers will lease more vehicles and arrange more loans for buyers with low credit scores. GM's acquisition of AmeriCredit Corp., scheduled to close Friday, Oct.
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