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Aug
9th

Safety probe: BMW 7-series rolling away in ‘park’

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The National Highway Traffic Safety Administration is investigating a potential problem with BMW 7-series sedans of not properly shifting into park.
Aug
9th

Visteon potential bid for Korea’s Halla would face hurdles

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Visteon Corp. may be pinning its hopes on a key South Korean asset as its ticket to staying independent. But the strategy may not be enough to keep hedge fund investors who are pushing for a breakup or simpler corporate structure at bay.
Aug
9th

GM to slash global vehicle platforms by more than half to 14 by 2018

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General Motors says it will cut the number of vehicle platforms it uses globally by more than half over the next decade, in a bid to reduce complexity and save on product-development costs.
Aug
9th

GM to slash global vehicle platforms by more than half, to 14, by 2018

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General Motors says it will cut the number of vehicle platforms it uses globally by more than half over the next decade, in a bid to reduce complexity and save on product-development costs.
Aug
9th

AUTOWEEK TV: 2012 Volkswagen Beetle, a Video Drivers Log

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Also in today's show: IndyCar tests a new chassis, NHTSA looks at the Ford Mustang and General Motors outsells Toyota.
Aug
9th

U.S. turns down airbag exemption for the Pagani Huayra

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U.S. safety officials have shot down Italian supercar maker Pagani's request that the
Aug
9th

U.S. safety officials deny airbag exemption for the Pagani Huayra

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U.S. safety officials have shot down Italian supercar maker Pagani's request that the
Aug
9th

Deep Dive: Porsche 911 Clubsport, Targa, and Speedster

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Deep Dive: Porsche 911 Clubsport, Targa, and Speedster
Deep Dive: Porsche 911 Clubsport, Targa, and Speedster - Automobile Magazine
The most interesting variants of the upcoming new Porsche 911.

The latest-generation 911 is set to debut this fall, but in addition to the familiar derivatives, Porsche is readying a little something different this time, with the Clubsport, the Targa, and the Speedster.



Aug
9th

GM outlines plans to cut product-development costs

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GM says it will cut the number of vehicle platforms it uses globally by more than half over the next decade, in a bid to reduce complexity and save on product-development costs.
Aug
9th

Tesla reports strong floor traffic, names 4 new execs

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Electric-vehicle startup Tesla Motors Inc. says it is being inundated with retail floor traffic -- despite having only one luxury-priced model to sell. And soon there will not be even one model for shoppers to view.
Aug
9th

US: Automotive recovery ‘to progress again’: JD Power

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Despite current volatility in financial markets and concerns over the strength of world economic growth, recovery in automotive markets is still very much under way, according to the analysts at JD Power.
Aug
9th

U.S. auto adviser Ron Bloom leaving White House

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Ron Bloom, who helped oversee President Barack Obama's auto-industry bailouts, is leaving his White House post.
Aug
9th

INDONESIA: Hankook Tire and Yokohama Rubber bid for Multistrada Arah Sarana: report

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TPG Capital, Hankook Tire and Yokohama Rubber are reported as bidding for a controlling stake worth a minimum of US$200m in Indonesian tyre producer PT Multistradra Arah Sarana according to Reuters.
Aug
9th

Redesigned 2012 Toyota Yaris starts at $14,875; Sequoia, Tundra and Sienna prices up slightly

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The base price of the redesigned Toyota Yaris small car starts at about $1,000 more than the current car.
Aug
9th

EGYPT: GB Auto Q2 net income falls 35%

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Egypt's GB Auto said its second-quarter net income fell 35% year on year to 50.5m Egyptian pounds (US$8.5m). Egypt's biggest listed automobile assembler said net income was 77.7m pounds in Q2 2010.
Aug
9th

Drive trailer gets our right foot all twitchy

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Once in a while, in between the Fast and Furious movies, we pine for some real old-school car chases on film--whether they involve police, murderers or other race-car drivers.
Aug
9th

US: Amerigon expects lower Q3 sales

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Heated and cooled seat maker Amerigon said second quarter revenue rose 168% to $77.1m from $28.8m, mostly reflecting additional revenue for WET of $45.2m, included from the acquisition date of 16 May.
Aug
9th

COMMENT: What does turmoil in the markets mean for the auto industry?

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It's a question that is moving to centre stage this month. What do the latest developments on the global economy and the current turmoil in the financial markets mean for the automotive industry?
Aug
9th

RUSSIA: Sales forecast to reach 2.45m for 2011

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Russian car sales are predicted to reach 2.45m units for 2011, while growth last month was 27% or 47,287 models compared with the same period in 2010.
Aug
9th

CHINA: Auto downturn hits power steer maker’s profits

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Power steering specialist China Automotive Systems (CAAS) booked second quarter sales of US$82.5m, compared with $85.1m a year ago; gross profit of $14.8m ($19.8m), gross margin of 17.9% (23.3%) and net income of only $3.9m, or $0.14 per share ($23.9m/$0.28).
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