GM was given a higher credit rating by Standard and Poor's Ratings Services than Ford Motor Co., the only major U.S. automaker to avoid bankruptcy last year. The credit service today said it assigned GM a BB- rating with a stable outlook.
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Volkswagen's upcoming onslaught of new products includes a redesign for the New Beetle. The new New Beetle is expected to arrive in 2011 as a 2012 model, with a convertible version set to arrive a year after the coupe.
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Volkswagen's upcoming onslaught of new products includes a redesign for the New Beetle. The new New Beetle is expected to arrive in 2011 as a 2012 model, with a convertible version set to arrive a year after the coupe.
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Volkswagen's upcoming onslaught of new products includes a redesign for the New Beetle. The new New Beetle is expected to arrive in 2011 as a 2012 model, with a convertible version set to arrive a year after the coupe.
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Buick is teasing its future compact sedan called the Verano.
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GM will invest $145 million to build a new Buick compact car -- the Verano -- at its Orion Township assembly plant in Michigan. The new Buick sedan will join the Chevrolet Aveo subcompact to be assembled at the suburban Detroit factory.
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Forgive auto enthusiasts if they think the and#8220;Cand#8221; in the CES moniker stands for car.
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In today's News Brake, Mini sets the sticker price on the Countryman, there's a hole in Charlotte, and Toyota offers free service to repair its image . . . But Wait, There's More!
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Indianapolis Motor Speedway officials are calling their May event "more than a car show."
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The U.S. Treasury Department reduced its projection of taxpayer losses on the auto industry bailout to $17 billion from $28 billion last November.
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In response to the rapid growth in Asian vehicle production, automotive safety systems specialist Autoliv has begun construction of a seatbelt weaving plant in Mysore near Bangalore. It will be India's first plant for this component.
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Canadian-based Magna International said it would open two new plants in the Brazilian city of Sao Paulo in order to benefit from the strong growth that the region is experiencing.
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A little more than a year ago, U.S. auto parts suppliers were wondering if they would survive a massive industry restructuring, but 2010 is shaping up as one of the best years ever for the industry.
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Saab is remaining quiet on speculation it could enter into a tie-up with fellow-Swedish manufacturer Volvo.
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Toyota Motor Corp. reportedly plans to launch two variants of its Prius hybrid in the United States by 2013 as it ramps up plans to leverage its gasoline-electric drivetrain technology to meet stricter emissions standards.
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Saab said on Thursday it was too early to talk about a possible co-operation with Volvo Cars about developing a new model, scotching reported interest from its home turf rival.
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Mustang customizer Shelby American has locked in the engine-output ratings of GT350 package and frosted the cake with the addition of a 624-hp variant.
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Car sales in South Korea are expected to climb at a seasonally adjusted rate of 12% this year, helped by improving demand and imported car sales, according to a government forecast.
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GM expects to increase availability of key trucks and crossovers sharply for the 2011 model year, four people briefed on the plans said.
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