German car sales will probably rise 6.9 percent next year as falling unemployment and rising payrolls boost demand, the country's automotive industry group said. Deliveries in Germany are likely to increase to 3.1 million vehicles in 2011 from 2.
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A domestic-brand sales surge led by pickups pushed AutoNation's November sales up 16 percent from November 2009. AutoNation, the industry's largest retailer, said it sold 15,511 new vehicles in November, up from 13,395 in November 2009.
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Attempts to introduce fully adaptive suspension systems into the volume car market have so far had limited success. For most customers they remain an expensive upgrade, even on many premium models. It seems that buyers of smaller cars want the benefits of improved car control and superior passenger comfort, but are wary of paying a premium for the technology.
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Swiss design company Rinspeed will debut its new BamBoo electric concept car at the 2011 Geneva motor show.
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Now that cold weather has arrived in many parts of the country, the Corvette Stingrays and Plymouth Barracudas are being tucked back into their garages.
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Asbury Automotive Group Inc. is buying a five-franchise dealership group in Greenville, S.C., and selling its heavy-truck business.
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Chevrolet maintains it will enter the mainstream volume segment in Europe as it gears up to launch its ambitious six-model range next year.
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Porsche shareholders have approved a capital increase worth EUR5bn (US$6.5bn) as part of a planned takeover by Volkswagen.
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Automobile sales in Japan, excluding 660cc minivehicles, fell 30.7% in November from a year earlier to 203,246 vehicles, the Japan Automobile Dealers Association said.
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MOTORSPORTS EDITOR MAC MORRISON: This is one of my favorite real-world performance cars, even if it has become relatively heavy, bloated and overcomplicated in recent years.
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Kobe Steel Ltd., Japan's fourth-largest steelmaker, said it will build a $400 million plant in Ohio with U.S. Steel Corp. to make lightweight sheets for fuel-efficient vehicles. Pro-Tec Coating Co.
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Prospects for South Africa's new vehicle market are continuing to improve, with the latest data from local trade body Naamsa showing sales in November up almost 30% on year-ago levels.
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General Motors Co. said today it made a $4 billion cash contribution to pension plans for its U.S.-based hourly and salaried workers. The automaker, which went public again last month following a U.S.
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New car sales in Germany fell by around 6% on the year in November to 262,500 units, according to the domestic automobile association VDIK.
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A steep hike in the price of rubber is forcing Bridgestone, the world's largest tiremaker, to cut its consumption by 50 percent over the next decade.
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Johnson Controls (JCI), one of Europe's largest suppliers of complete car seating, has signed an agreement to acquire the C. Rob. Hammerstein Group (CRH).
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Revised GT-R completes the benchmark 0-62mph sprint in 3.0-seconds.
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Johnson Controls (JCI) has signed a purchase agreement to acquire the C. Rob. Hammerstein Group (CRH).
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Sales of new cars fell in France and Spain last month reflecting the end to a bonus scheme that had encouraged consumers to trade in their old vehicles for new models.
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BMW may have sold the most luxury cars in the U.S. in November, but many predict Toyota's Lexus unit will still retain the crown as the country's best-selling premium brand for the 11th straight year.
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