Ford Motor Co. posted a 40 percent increase in September U.S. sales and Chrysler Group soared 61 percent as the industry showed signs of rebounding from an August decline. General Motors Co.
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U.S. auto sales climbed 29 percent last month, the biggest gain of the year, as the industry resumed its recovery from last year's collapse. All but one company posted an increase as automakers benefited from comparisons to a weak September 2009.
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The order bank for the new Porsche 911 Speedster is growing rapidly, making it likely that the car will sell out by the end of October, Porsche said on Friday.
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Honda has run into a few problems with its new-vehicle introductions of late. The current Accord was a bit too large in this era of downsizing, the Accord Crosstour was knocked for its styling, and the Insight hybrid suffered disappointing sales.
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The dreams of getting a V8 engine, rear-wheel-drive platforms and a sports car to replace the NSX have died for Acura dealers.
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Ford will likely exceed its annual goal to spend 10 percent of its U.S. purchasing budget on minority- and women-owned supplier companies, the automaker said. Though Ford said it maintained its 10 percent goal in 2009 by purchasing $2.
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Just the fact Saab was able to hold its huge press conference yesterday evening (30 September) at the Paris show was extraordinary.
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The head of Fiat's premium brand Lancia has its dealer count in Europe will rise by about 50% by next year, excluding Italy, after it takes over outlets selling Chrysler and Jeep.
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Infiniti will talk platform and engine sharing with Daimler tomorrow, a senior executive said in Paris.
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Toyota Motor Europe will sell 800,000 vehicles and more next year even if the market dips slightly, the unit's president said in Paris.
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Toyota luxury brand Lexus estimates sales of around 30,000 units in Europe this year - in line with its forecasts.
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PARIS (Reuters) -- Italian automaker Fiat has decided to launch new products only at the end of 2011 or early 2012 due to the weakness of the market, its CEO said on Friday.
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Road-ready electric vehicles and other eco-friendly cars were the dominant theme of the 2010 Paris motor show.
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BMW is recalling BMW and Rolls-Royce brand cars powered by V-8 and V-12 engines in Britain, the United States and other markets because of a potential braking problem.
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A decision over continued commercial vehicle production after 2013 at Vauxhall's Luton plant will be made within the next six weeks.
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European governments and carmakers will have to get their act together quickly over electric vehicles or get over run by the Chinese. Nick Reilly, the British boss of General Motors Europe, which controls Vauxhall and Opel, warned that the Chinese government and carmakers in the country are already investing huge amounts of money in EVs.
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Honda UK managing director David Hodgetts is one of the few car chiefs who sells motorcycles as well (BMW is another) and, while his dealers do not sell both, they could learn from each other, he said.
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Ford's new Focus, on show in Paris, is "lower and sleeker" than the outgoing model "which won't suit everyone", Ford of Britain boss Nigel Sharp said.
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Five new models in five years; pre-Paris hype by Lotus didn't disappoint as the Norfolk car maker launched a new chapter in its colourful history.
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