BMW CEO Norbert Reithofer says there is significant room for growth in the U.S. luxury segment but the premium market won't return to the 2 million-unit level until 2013 or 2014.
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Shares of General Motors Co. are likely to be priced between $20 and $25 in the initial public offering by the automaker in November, Chairman Ed Whitacre said today. "It's a little too early to say, but it is going to be somewhere in the $20 range..
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Despite limited availability for the Volt plug-in sedan, Chevrolet is launching an aggressive mass-marketing campaign for the vehicle this month, Tony DiSalle, Volt product marketing director, said today.
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EXECUTIVE EDITOR–AUTOWEEK. Full story…
General Motors Co. nearly doubled its advertising spending in the first half of this year, leading a rebounding auto industry's marketing push, ad-monitoring company Nielsen Co. said.
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Honda took home the Greenest Automaker title for the fifth year in a row from the Union of Concerned Scientists last week. The company narrowly beat Toyota and Hyundai for the top spot.
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Buick is cloning real-world roads so they can be used to virtual test cars.
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Marvelous as it is a setting for car shows, Riverside Park in Ypsilanti, Mich., does present a risk: The park is built in the floodplain of the Huron River.
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Three Toyota models with electronic throttle control systems have had at least four times the rate of unintended acceleration complaints as the same models without the systems -- suggesting anew the possibility of electronic safety defects, a study...
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In News Brake: Fiestas lead the way at SEMA, NASCAR plans to honor five, and we take a closer look at teen-driver safety . . . But Wait, There's More!
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Porsche forecast its first profit in three years in 2011 on sales of the Panamera sedan and as costs linked to a merger with Volkswagen AG decline.
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Toyota Motor Corp. is not interested in bidding for the Sicilian car production plant that Italy's Fiat S.p.A. plans to shut by year-end 2011, a Toyota spokeswoman and an Italian government adviser said on Wednesday.
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The US government expects to meet its late-year deadline for determining whether throttles or other electronic systems could be linked to unintended acceleration in Toyota vehicles, a senior safety investigator said.
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Daimler is recalling 9,201 Mercedes-Benz Vito and Viano van models in China, state news agency Xinhua reported.
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Sales of light commercial vehicles (LCVs) in Russia rose 29% year on the year to 37,290 units in July-September, the automobile manufacturers committee at the Association of European Businesses (AEB) said.
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Daimler wants to boost sales in China to 300,000 vehicles a year by 2015 while ramping up production there, company head Dieter Zetsche said.
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Oh, what the heck, I'll jump into the feeding frenzy about the Chevrolet Volt, even though by the time you read this it will have been forgotten and replaced by some outrage over Kyle Busch.
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Porsche Automobil Holding SE has booked a fiscal year 2009/10 (to 31 July) post-tax loss of EUR454m. The company said this was better than its half year forecast of "a low single-digit billion-euro loss". The after tax loss a year earlier was EUR3.563bn.
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Porsche Automobil Holding SE has named new Porsche AG CEO Matthias Müller to the executive board of Porsche SE (member with responsibility for general technical product issues) with immediate effect.
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It's interesting to arrive home after spending the better part of a week in France to find a mystery vehicle awaiting you at the airport.
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