New car registrations in the EU excluding Cyprus and Malta, decreased to 1,027,036 units in October, marking a 16.6% contraction compared to October 2009.
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Toyota Motor Corp sees U.S. new light vehicle sales rising as much as 13 percent next year, buoyed by several factors including a slight rise in sales of pickup trucks.
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Toyota Motor Corp sees U.S. new light vehicle sales rising as much as 13 percent next year, buoyed by several factors including a slight rise in sales of pickup trucks.
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Ford expects the 2012 Focus compact to earn 40 mpg, giving the automaker four vehicles that produce 40 mpg or more in 2011.
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The rush of Chinese car makers to build more production lines in the wake of strong sales growth could lead to significant overcapacity in the world's top auto market, triggering further consolidation.
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Three months after becoming the new owner of Volvo, Geely President Li Shufu said he disagrees with Volvo's management about its product plans.
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The success of the Prius brand is prompting Toyota to develop a "family" of Prius cars that will include a smaller, lower-priced version and a larger, family vehicle.
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Chrysler Group is dividing its minivan pricing down the middle with the demarcation line at $30,000.
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Saab aims for half of the sales of its new 9-4X crossover to be in the U.S. and the company targets annual global sales of 15,000 to 20,000 vehicles starting in 2012.
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Three months after becoming the new owner of Volvo, Geely President Li Shufu said he disagrees with Volvo's management about its product plans.
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When it comes to the outlook for electric vehicles, the auto industry is divided -- Renault-Nissan is on one side -- and everybody else on the other.
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Ford and GM will catch their best-run rivals over the next five years on one key measure of potential profitability -- annual sales of their top global car platforms, AT Kearney consultant Daniel Chang said.
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European auto sales are likely to be flat or fall next year, posing a risk to Opel and GM's IPO, said Thomas Stallkamp, a partner at Ripplewood.
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The segment-leading Chevrolet Camaro opens a new chapter as the 2011 Camaro convertible premieres at the Los Angeles International Auto Show. The new convertible begins production in January and goes on sale in February. It includes an enhanced body structure and well-tailored top mechanism - a combination designed to deliver sports coupe-like driving fun and precise quality.
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DETROIT, Mich. - General Motors Company today announced it has increased the estimated price range for the offering of 365 million shares of common stock to be sold by certain of its stockholders to $32.00 to $33.00 per share from the previously estimated price range of $26.00 to $29.00 per share.
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For me, it was love at first sight. After all, the brand-new 2011 Honda CR-Z, which shares its visual DNA with the old CR-X coupe, has all the tools and attributes to win people over, especially the sporty silhouette and highly-distinctive shape.
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Frenchman Jean-Eric Vergne has emerged as the leading contender to become Red Bull Racing's Formula 1 reserve driver in 2011.
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Red Bull's policy of driver equality ultimately helped Sebastian Vettel to win the 2010 drivers' world championship.
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A Dutch GP2 driver emerged as a contender at Williams, while Nico Hulkenberg's manager eyes Force India switch.
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Over the past years, Hyundai has been improving their cars and their reputation with cars such as the Sonata, Tucson and Genesis who are now taking big portions of their respective market. The Elantra just had a beauty cure for 2011, the inside and outside of that car being highly inspired by the quality and finish of the Sonata.
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