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Jun
7th

EXCLUSIVE: Lexus chief engineer talks platforms and hybrids

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Yoshihiko Kanamori, the chief engineer for the new Lexus GS, has revealed to just-auto that Toyota is developing an all-new, smaller capacity hybrid powertrain.
Jun
7th

EXCLUSIVE: Lexus chief engineer reveals new hybrid powertrain

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Yoshihiko Kanamori, the chief engineer for the new Lexus GS, has revealed to just-auto that Toyota is developing a new, smaller capacity hybrid powertrain.
Jun
7th

Chrysler Financial veteran Gilman retires as chief of TD Auto Finance

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Tom Gilman, who steered Chrysler Financial through some tumultuous years before it was bought by TD Auto Finance, will retire as the lender's CEO next month.
Jun
7th

Ford revising 5-year business outlook as Europe woes mount

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Ford is revamping its internal five-year business plan to take into account the marked deterioration in the European economy over the last year, the automaker's CFO said Thursday.
Jun
7th

2013 Hyundai Veloster Turbo to start at $22,725

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Hyundai has released pricing details for the 2013 Veloster Turbo, giving it a starting price of $22,725 for the manual-transmission-equipped model. Specifying an automatic transmission will cost you $1,000 more.
Jun
7th

Lotus dismisses CEO Bahar after probe

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Group Lotus, the unprofitable luxury sports carmaker, fired CEO Dany Bahar after investigating unspecified concerns over his conduct, the company said.
Jun
7th

Bahar dismissed as Lotus chief executive

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Lotus CEO Dany Bahar has been dismissed, the UK sports car maker said. Lotus said the decision was made by the company's board after an investigation into a complaint made against him by holding company DRB-HICOM.
Jun
7th

7 performance cars for less than $30,000: Autoweek TV

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Also in this episode: Ferrari runs an auction to help earthquake victims, the
Jun
7th

Audi of America appoints Schroth to CFO post

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Audi of America will appoint Christian Schroth chief financial officer, effective Sept. 1, replacing Oliver Stein who is returning to Germany to fill the same role at Audi's high-performance subsidiary, quattro GmbH, a company spokesman said today.
Jun
7th

Fisker, Penske team up to open Arizona dealership

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Luxury plug-in hybrid maker Fisker Automotive said today it has opened a dealership with Penske Automotive Group in Scottsdale, Ariz. The store gives Fisker 80 retail outlets globally, 48 in North America.
Jun
7th

EV maker ZAP Jonway says co-CEO Schneider has left post

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Steve Schneider, the co-CEO of EV maker ZAP Jonway's U.S. operations, is leaving his role, the troubled automaker said.
Jun
7th

Possible Ferrari F70 tester spotted

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The above photos of what very well might be a development mule for the next primo
Jun
7th

U.S. unveils blueprint to tackle driver distraction: LaHood pushes voluntary efforts over new rules

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Transportation Secretary Ray LaHood said Thursday the agency isn't looking at new regulations to address distracted driving, but rather is calling on automakers to step up voluntary efforts to combat risks with new technologies and education.
Jun
7th

GM says 2013 Volt will go 3 more miles on electric charge

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Drivers of the 2013 Chevrolet Volt will be able to drive 8.
Jun
7th

Cars with Unexpected Tow Ratings

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Cars with Unexpected Tow Ratings
Cars with Unexpected Tow Ratings - Automobile Magazine
You can tow 2000 pounds with that?

Many drivers assume that if you want to tow something, you need a giant truck with a beefy V-8 engine. That may be true if you're transporting a trailer full of race cars, but many smaller vehicles are perfectly adequate for moving light to medium loads. Vehicles in nearly every class come from the factory with tow ratings: minivans, compact crossovers, full-size sedans, and even luxury SUVs.


Photo Gallery: Cars with Unexpected Tow Ratings - Automobile Magazine

Photo Gallery: Cars with Unexpected Tow Ratings - Automobile Magazine


Jun
7th

UK: Lotus confirms CEO Bahar dismissal

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Lotus has confirmed that Dany Bahar has been terminated from his employment as chief executive officer of Lotus with immediate effect.
Jun
7th

Lotus boss sacked

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Lotus boss Dany Bahar has been sacked with immediate effect following complaints about his conduct


Jun
7th

GM says 2013 Volt will go 3 more miles on electric charge

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Drivers of the 2013 Chevrolet Volt will be able to drive three miles further solely on electric power, but it will take slightly longer to recharge the new battery, General Motors said today.
Jun
7th

BRAZIL: Dealers expect bumper sales month

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June could be the best month for new car sales for more than six months, reversing a decline that has seen sales slip by as much as 10% from year ago levels.
Jun
7th

BELGIUM: CLEPA chief pushes for EUR5.5bn industry funding

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European automotive supplier body, CLEPA, is to lobby the European Commission jointly with industry OEMs to secure a larger slice of any potential future funding from politicans in order to boost sector competitiveness.
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