German automotive supplier Continental has begun negotiations with lenders to refinance 5.3 billion euros ($7.2 billion) in loans coming due next year, three people with knowledge of the discussions said.
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Honda raised its annual profit outlook above market expectations as a recovery in the key U.S. market helps counter the strong yen and sliding Japanese sales, which weighed on third-quarter earnings.
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Honda raised its annual profit outlook above market expectations as a recovery in the key U.S. market helps counter the strong yen and sliding Japanese sales, which weighed on third-quarter earnings.
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Chrysler will pay all employees a performance bonus - $750 for hourly workers - for contributions in helping the company introduce 16 new or revamped vehicles in 2010.
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German unions rejected on Friday an offer from VW that would give workers a pay rise of 2.9 percent over the next two years and a one-time payment of 300 euros before the end of June.
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Luxury car and commercial truckmaker Daimler expects its top brand Mercedes-Benz to see continued unit sales growth in January, its passenger car sales chief said on Saturday.
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Cash-strapped auto companies stood on the sidelines of the Super Bowl for a year or two, but they're about to make up for it in a hurry.
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Automakers and suppliers are developing controls, such as voice commands, that help motorists handle text messages, cell phone calls and other features of the connected car.
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To prevent driver distraction, Ray LaHood, the secretary of transportation, says guidelines are coming to control how drivers handle the Internet and cell phones. Automakers and suppliers say that they have a solution: advanced technology.
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It's tempting to think Earl Hesterberg is having an easy time of it, running the industry's fourth-largest auto retail chain, Group 1 Automotive.
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Last week, Ford Motor Co. reported its best profits in more than a decade and a sharp drop in its debt load, adding credence to the automaker's recovery. Ford's next challenge: Convince Lincoln dealers during a Feb.
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Breaking outside its American position of rear-wheel-drive luxury vehicles, Mercedes-Benz will launch its new front-wheel-drive architecture in the United States in the next three years in the form of a coupe, SUV and possibly a small wagon or...
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Grim forecasts that a leaner supply chain could hamper the auto recovery are coming true: Parts shortages are shutting down auto assembly plants around the world, derailing automakers' attempts to meet rebounding demand.
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Automotive News will hold a three-day, online event in June aimed at providing a deeper understanding of the challenges and opportunities confronting dealership finance and insurance departments.
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The Swiss Formula 1 team Sauber of Hinwil launched this morning its new challenger for the 2011 Grand Prix season, the C30.
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The Lotus Renault GP R31, the evolution of last year's Renault R30 was launched earlier today, Monday on Circuito Ricardo Tormo in Valencia, Spain.
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GM's Oshawa assembly plant celebrated today the start of production of the 2011 Chevrolet Camaro Convertible, the second of three new GM models to be built there.
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Adrian Hallmark, Jaguar's new global brand director, admitted that the company is considering a small sports car that could also be offered as a sedan. Slotted below the XF, it would directly rival the BMW 3-Series.
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Chrysler will offer 'S' variants to attract younger customers, giving them the possibility to tune their 200s and 300s with a number of factory-approved parts and accessories, including blacked-out grilles, carbon fibre and red leather.
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Team Lotus on Monday revealed its 2011 car, it is actually called T128, not TL11 as was previously announced.
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