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Feb
24th

Allison Transmission planning $1 billion IPO, sources say

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Private equity-backed Allison Transmission has hired banks and is planning an initial public offering that could raise around $1 billion in the third quarter of the year, four sources familiar with the situation said.
Feb
24th

Lithia’s Q4 earnings rise; company raises sales expectations

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Lithia Motors Inc., benefiting from higher new and used vehicle demand, posted a fourth-quarter profit of $4.4 million compared to a loss of $1.5 million a year ago. Revenues rose 31 percent to $555.6 million from $424.8 million a year ago.
Feb
24th

AUTOWEEK TV: Spyker sells off sports-car business to focus on Saab:

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Porsche's CEO gives us a glimpse of the future, Infiniti launches its first hybrid, the Mercedes-Benz CLS gets the Brabus treatment, a couple of Formula One drivers blow out birthday candles, and we take a look inside a Ken Austin's garage in...
Feb
24th

Another view of new Lamborghini slips out ahead of Geneva auto show:

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Lamborghini's replacement for the Murciélago is apparently one bull that doesn't like being caged.
Feb
24th

2011 Infiniti G25x Sedan

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2011 Infiniti G25x Sedan
2011 Infiniti G25x Sedan - Editor's Notebook - Automobile Magazine
A premium sedan at a competitive price.

I managed to nab the G25x on the weekend of the second biggest and fastest-accumulating snow storm this winter. Why didn't someone else grab the keys before me, you ask? Because it was such a freak event that even the local weathermen were taken by surprise. The real kicker was that this blizzard coincided perfectly with a Costco trip that was 3 months in the making.


Photo Gallery: 2011 Infiniti G25x Sedan - Editor's Notebook - Automobile Magazine


Feb
24th

Chrysler has grand expectations for Grand Cherokee in Japan

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Chrysler LLC expects the redesigned Grand Cherokee to boost sales in Japan at least 21 percent this year and help the company rebuild its bankruptcy-tattered image here. Jeep brand's top-tier SUV sold only 88 units in 2009 in Japan.
Feb
24th

GOLDING’S TAKE: GM’s new helmsman hits choppy water

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Dan Akerson sounds like the man who is running the business at GM. The wounded old company released its 2010 earnings today and the new man in the wheelhouse steered strongly into the swell of questions from equity analysts and financial and auto industry journalists.
Feb
24th

Fiat expects to boost car sales by 5% to 10% in 2011

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Fiat expects to boost new car sales by 5-10 percent in 2011, helped by a moderate increase in sales in Brazil while its European market remains weak.
Feb
24th

Ally girds for GM showdown as ex-parent bulks up lending

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Ally Financial, the U.S.-owned lender preparing for an initial public offering, is bolstering ties to GM dealers amid signs the automaker may become a rival in vehicle financing.
Feb
24th

Porsche boss Mueller: A launch every year, 200,000 sales by 2018:

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By 2018, Porsche CEO Matthias Mueller, 57, aims to boost annual global sales to more than 200,000 units, up from 97,000 in 2010. To do so, he will introduce at least one new Porsche every year.
Feb
24th

Ford to launch global ad campaign to tout Focus technology

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Ford Motor Co. touts the technology offerings on its 2012 Focus with the launch of a global advertising campaign. The campaign marks the first time Ford has taken a global approach to marketing one of its vehicles, the automaker said today.
Feb
24th

Italdesign’s Geneva concepts for VW are leaked:

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Italdesign Giugiaro S.p.A. will unveil concepts for a compact coupe and a medium minivan for Volkswagen AG at the Geneva auto show next week.
Feb
24th

Volkswagen, GAZ to build VWs and Skodas in Russia

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Volkswagen will produce more than 100,000 Volkswagen and Skoda cars a year at Russian group GAZ's plant as the German carmaker increases its presence in the fast growing Russian market.
Feb
24th

2012 Ford Mustang Boss 302, an AW Flash Drive:

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What is it?
Feb
24th

February 2010 Management Briefing: Biofuels in Europe (Part 2)

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In the second part of our February Management Briefing, we look at current and future OEM activity with regards biofuels and FFVs in Europe.
Feb
24th

INTERVIEW: DR Motor outlines Termini Imerese plans

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A third automotive company - DR Motor - has shown its hand at the last minute expressing an interest in moving into part of Fiat's Termini Imerese plant in Sicily, as the Italian and Sicilian governments prepare to divide up EUR450m (US$621m) in grants for the site
Feb
24th

Toyota recalls another 2.17 million U.S. vehicles:

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Toyota Motor Corp. said Thursday it will recall 2.17 million Toyota and Lexus vehicles in the United States to inspect and repair accelerator pedals that may get trapped in floor mats or carpeting.
Feb
24th

Fiat 500 by Gucci

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Baby Fiat gets a designer makeover as Gucci celebrates its 90th anniversary.


Feb
24th

GENEVA PREVIEW: Porsche to recreate ‘Semper Vivus’ classic hybrid

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Porsche has said it plans to present - at the upcoming Geneva Show - its first functional, full hybrid car in the world, the Semper Vivus, 111 years after its World Premiere in 1900.
Feb
24th

Comparison: 2011 Ford Explorer vs. 2011 Jeep Grand Cherokee

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Comparison: 2011 Ford Explorer vs. 2011 Jeep Grand Cherokee
2011 Ford Explorer vs. 2011 Jeep Grand Cherokee - Comparison - Automobile Magazine
Two SUV pioneers and onetime rivals trek to their iconic environs having undergone their most significant redesigns.

The early 1990s are starting to seem like a long time ago. McMansions were barely a twinkle in the Toll brothers' eyes. Apple stock was less than fifteen dollars a share. The Iraq war was going great. A tea party was something for little girls. And Justin Bieber hadn't even been born.


Photo Gallery: 2011 Ford Explorer vs. 2011 Jeep Grand Cherokee - Comparison - Automobile Magazine


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