Daimler has expanded its board of management to six members by appointing Wolfgang Bernhard to a newly created position heading Mercedes-Benz cars production and procurement as well as the Mercedes-Benz vans division he has run since early last year.
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General Motors Co. will call back 470 laid-off workers to build its next-generation Ecotec four-cylinder engine at its plant in Tonawanda, N.Y.
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Jaguar Land Rover (JLR) has named former BMW and Ford executive Ralf Speth CEO with overall responsibility for its operations.
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The 2011 Audi A8 is a technological juggernaut, and through its use of lightweight materials, more efficient engines and a bevy of electronic features, it sets the tone for future offerings from the luxury automaker.
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Halfords is expanding its operations into the car servicing and repair industry with the acquisition of Nationwide Autocentres, in a deal wirth £73.2m. The move creates the largest UK operator with a specialised focus on the car parts, servicing and repair market.
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SENIOR EDITOR FOR NEWS BOB GRITZINGER: Except for the extra-wide dual-wheel rear-end, this truck drives more like a lighter-duty Ram than one might expect.
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Spyker will have to raise more cash in order to make its $400-million acquisition of Saab sustainably profitable amid gut-wrenching changes in the global automobile industry.
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Spyker will have to raise more cash in order to make its $400-million acquisition of Sweden's Saab sustainably profitable amid gut-wrenching changes in the global automobile industry.
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U.S. highway safety officials will begin a formal investigation into electric power steering complaints in the Toyota Corolla, a person familiar with the plan said.
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U.S. highway safety officials will begin a formal investigation into electric power steering complaints in the Toyota Corolla, a person familiar with the plan said.
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A second recall of Toyota's top-selling Corolla in the United States, this time potentially to address complaints about the steering, would cost very little on paper but risks further damaging its brand, a Japanese analyst said.
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Three separate US congressional hearings in coming weeks will examine Toyota's handling of a massive safety recall.
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Goodyear Tire and Rubber Co. posted a quarterly profit today that exceeded Wall Street forecasts, supported by better-than-expected results at its key North American unit. Goodyear, the largest U.S.
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Uncertainty over the performance of electric vehicles means reliable future residual value forecasting is currently impossible, industry specialist CAP said.
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Ford Otosan posted a higher-than-expected 149 percent rise in fourth-quarter net profit after exports and domestic sales campaigns lifted demand hit hard by the economic slowdown. Ford Otosan, jointly owned by Ford Motor Co.
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Russian vehicle production soared 91.9% year on year to 44,257 units in January according to industry monitor ASM Holding.
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Daimler has posted a bigger than expected loss for 2009. While the results and a dividend cancellation spooked investors, the firm remained upbeat on prospects for 2010.
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Russia's Alfa Bank has agreed to restructure the debt of GAZ Group following the signing of an agreement.
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Italy is prepared to invest EUR450m (US$614m) to convert Fiat's Termini Imerese car plant in Sicily, industry minister Claudio Scajola has said.
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The first ever supermini with a supercar badge has been spotted out on the town...
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