General Motors is now waiting to see if a Belgian company will appeal against a New York bankruptcy tribunal's rejection of its offer for the automatic transmission plant in Strasbourg
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Zhejiang Geely Holding Group, the new owner of Volvo may - eventually - build as many as three plants in China to make the Swedish brand's cars, a Geely spokesman has said.
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Kia plans to produce 2,000 units of its new electric vehicles by 2012, an executive at its affiliate Hyundai said on Tuesday.
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A paper produced by analysts at the Autofacts division of PricewaterhouseCoopers (PwC) has described how, in the current post-crisis era, significant changes to consumer credit conditions and lending practices in North America are fundamentally altering auto industry volumes and norms.
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The Sevel (Società Europea Veicoli Leggeri) factory in Italy, a joint venture between Fiat and PSA-Citroen, has built its four millionth vehicle, a Fiat Ducato Maxi with a total gross weight of 3.5 tonnes, equipped with the three-litre Multijet engine and automated manual transmission.
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Outfitting Volkswagen's Touareg SUV with the 3.0-liter turbodiesel gives you more than 400 lb-ft of torque but also pushes the sticker price close to the $60,000 mark.
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Outfitting Volkswagen's Touareg SUV with the 3.0-liter turbodiesel gives you more than 400 lb-ft of torque but also pushes the sticker price close to the $60,000 mark.
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Daimler is expanding its cooperation with Renault and Nissan to develop electric cars in a race to meet tightening emission reduction rules.
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Zhejiang Geely Holding Group, which last month completed its purchase of Volvo from Ford, may build as many as three plants in China to produce Volvo cars. The plan would give Zhejiang Geely a combined capacity to make 300,000 Volvos a year in China.
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Italy fears a free trade deal between the EU and South Korea may flood the European market with South Korean cars. The Italian government is refusing to drop its veto of the deal.
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Jonathan Browning, the new head of VW's U.S. unit, vowed to reconnect the brand once revered for the Microbus and Beetle with American consumers, enhance dealer relations and generate sustained U.S. profits.
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Zhejiang Geely Holding Group, which bought the Volvo car unit from Ford Motor Co., may build as many as three plants in China to make the Swedish brand.
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Toyota Motor Corp. plans to introduce six new hybrid vehicles by the end of 2012 and bring an electric vehicle to the U.S. market that year as well.
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A top Toyota executive says the crash data boxes in its vehicle are reliable but a bug in the software that reads the information can give inaccurate vehicle speeds.
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Toyota Motor Corp. will offer a plug-in version of its Prius positioned to be the cheapest green car of its kind by 2012 and could have two electric cars in the U.S. market by that time, executives said on Monday.
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Former Formula 1 driver Kimi Raikkonen could return in Formula 1 alongside Robert Kubica at the Renault F1 team next season.
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A 1965 Aston Martin DB5 Vantage sold for a world record price of E414,500 (CDN$ 550,000 approximately at issue time) at the Bonhams auction held during the 'Weekend de l'Excellence Automobile' on the former site of the French Grand Prix circuit of Reims-Gueux, on Saturday 11th September 2010. It exceeded its pre-sale estimate of E300,000- 400,000.
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During the recent Grand Prix of Italy, the Scuderia Ferrari team managed to execute one of the fastest pit stops ever performed during a Formula 1 race, allowing Fernando Alonso to vault ahead of race leader Jenson Button.
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The BMW X3 made an interesting statement when it first debuted back in 2004. It was one of the first compact SUVs created by a premium brand, and a brand that was predominantly known for sports sedans.
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