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May
25th

GM says $600k in ad agency work tied to CFO’s wife

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GM said today Pernilla Ammann, the wife of Chief Financial Officer Dan Ammann, is an officer and a partner in an advertising agency that received about $600,000 for services last year to a GM subsidiary.
May
25th

Dany Bahar suspended from Lotus – Dany Bahar suspended from Lotus

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Lotus boss Dany Bahar has been suspended following a complaint about his conduct


May
25th

2012 BMW X5 xDrive35i Premium

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2012 BMW X5 xDrive35i Premium
2012 BMW X5 xDrive35i Premium - Editors' Notebook - Automobile Magazine
It's immediately clear that you're in a BMW.

Three-row crossovers present a dicey challenge for luxury brands, particularly those that have built their name on sporty sedans. Should they prioritize comfort over cachet, or do they stay true to their mission at the expense of practicality? BMW does the best job of any automaker offering crossover practicality while still meeting the brand's promise. The X5 may not be the most powerful or the quickest crossover you can by, but it does have the best powertrain. That's thanks to skillful calibration of the best hardware in the business: a responsive, energetic, turbocharged in-line six-cylinder and a snappy eight-speed automatic transmission. BMW's expertise in suspension tuning is obvious as well. The BMW's ride is comfortable and the handling is impressive even without air springs or adaptive dampers.


Photo Gallery: 2012 BMW X5 xDrive35i Premium - Editors' Notebook - Automobile Magazine

Photo Gallery: 2012 BMW X5 xDrive35i Premium - Editors' Notebook - Automobile Magazine


May
25th

SAIC board clears transfer of 1% JV stake to GM

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GM said the board of its China partner Shanghai Automotive Industry Corp. approved the transfer of 1 percent ownership in their joint-venture to the U.S. automaker.
May
25th

Bankrupt Saab attracts bid from China-Japan investor group

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A group led by a Chinese energy company and a Japanese venture-capital firm has placed a bid for Saab. The group wants to buy Saab and build cars, a spokesman said.
May
25th

Bankrupt Saab attracts bid from China-Japan investor group

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A group led by a Chinese energy company and a Japanese venture-capital firm has placed a bid for Saab The group wants to buy Saab and build cars, a spokesman said.
May
25th

Dealers must disclose reason for higher customer interest rate, judge rules

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The National Automobile Dealers Association suffered a legal setback Thursday as a federal judge in Washington said a dealer must disclose to a consumer whether the consumer is being charged a higher rate because of a negative credit rating --...
May
25th

US: Delphi "puts cash to work" with $962m MVL purchase

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Delphi says its US$962m acquisition of FCI Group's Motorised Vehicles Division (MVL) will allow it to use part of its significant cash strength and bolster its presence in the connector sphere.
May
25th

Fiat suspends commercial relations with Iran

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Fiat said today it had suspended its commercial relations with Iran in a move aimed at supporting international diplomatic efforts.
May
25th

Fiat suspends commercial relations with Iran

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Fiat said it had suspended its commercial relations with Iran in a move aimed at supporting international diplomatic efforts.
May
25th

BRAZIL: Mexico sets export quotas for Brazil

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Following what might be termed 'frank conversations' between members, the AMIA (Spanish acronym for the Mexican Association for the Automotive Industry) has set export quotas for each automaker's shipments to Brazil until 15 March 2015.
May
25th

Autoweek One2One: Interview with Dragon Racing’s Katherine Legge

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Mac Morrison sits down for an Autoweek-exclusive interview with Dragon Racing IndyCar driver Katherine Legge ahead of the Indy 500.
May
25th

UK: West Europe car market set for 6% contraction – LMC

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The West European car market is set for a 6% decline in 2012 according to the forecasting analysts at LMC Automotive.
May
25th

Prototype 2013 Ford Fusion is spotted in light camouflage

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The 2013 Ford Fusion made its public debut at the Detroit auto show in January. It was completely restyled from the last-generation car and bears a strong resemblance to the Ford Evos concept revealed in Frankfurt.
May
25th

Nissan simplifies tire inflation with its new warning system

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Nissan will install tire-pressure-measuring systems on its Quest and
May
25th

COMMENT: No spare wheel a cut too far?

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Colleague has a press car this week and just got his first puncture in 20-odd years. So he went looking for a spare wheel and found today's substitute: a can of gunk and a pump. He did the wise thing: hollered 'help' to the automaker and a nice man from ATS was said to be on the way, fresh new tyre in the back of the van. Except they don't prioritise cars and the earliest he can come is Monday!
May
25th

FRANCE: 301 introduces new Peugeot model naming policy

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With the launch of the 'emerging markets' 301, the Peugeot brand is revising its naming policy around the central 0 as part of the development of its internationalisation strategy.
May
25th

FRANCE: Peugeot launches 301 sedan for emerging markets

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PSA Peugeot Citroen has unveiled a new sedan for emerging markets and said other pared-down models would follow, as the struggling French automaker seeks to reduce dependence on flagging western European demand.
May
25th

US: Fiat may build Mazda cars at Fiat, Chrysler plants

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Fiat is open to expanding its newly announced partnership with Mazda Motor and building the Japanese automaker's vehicles at Fiat and Chrysler factories worldwide.
May
25th

Renault Alpine concept revealed

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Renault unveils rear-wheel-drive Alpine 110-50 concept to celebrate the Alpine Berlinette's 50th anniversary


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