Renault, which plans to begin mass marketing "affordable" electric vehicles in 2011, has taken the wraps off a new prototype at its annual shareholder meeting in Paris.
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General Motors could take a stake in the company that would be created by merging its European car business with Fiat SpA's auto unit, a source close to the situation said on Thursday.
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The proposal for General Motors' European assets that Fiat S.p.A. presented to the German government on Monday includes plans to shrink plants across Europe, a German newspaper reported Thursday.
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General Motors could take a stake in the company that would be created by merging its European car business with Fiat SpA's auto unit, a source close to the situation said on Thursday.
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General Motors is eyeing a stake in Italian peer Fiat S.p.A. in exchange for the U.S. automaker's European and Latin American operations, the New York Times reported on its Web site.
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U.S. carmaker General Motors Corp is eyeing a stake in Italian peer Fiat S.p.A. in exchange for the U.S. automaker's European and Latin American operations, the New York Times reported on its Web site.
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The proposal for General Motors' European assets that Fiat S.p.A. presented to the German government on Monday includes plans to shrink plants across Europe, a German newspaper reported Thursday.
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U.S. carmaker General Motors Corp is eyeing a stake in Italian peer Fiat S.p.A. in exchange for the U.S. automaker's European and Latin American operations, the New York Times reported on its Web site.
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British plane and car engineer GKN slumped to a loss in the first quarter, and said its markets continued to look uncertain despite a return to profit for the month of March.
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British plane and car engineer GKN slumped to a loss in the first quarter, and said its markets continued to look uncertain despite a return to profit for the month of March.
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GMAC LLC said it must raise $11.5 billion in new capital as part of the U.S. government's efforts to shore up the nation's financial system. The lender, partly owned by General Motors, was among 10 financial institutions ordered to raise $74.
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The U.S. Federal Reserve has told GMAC LLC to raise $13.1 billion in new capital because of heavy lending losses and new costs for taking over loans from Chrysler LLC dealers and customers, the Washington Post reported today on its Web site.
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Standard and Poor's lowered its corporate credit ratings on Hayes Lemmerz International Inc.
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GMAC LLC needs about $11.5 billion in new capital as a result of the government stress tests, a person familiar with the matter said on Wednesday.
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German auto parts group Continental said on Wednesday it was ready to hold talks with a Dubai-based firm on selling a French plant it plans to shut, which could bring an end to France's most high-profile industrial dispute.
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Porsche Automobil Holding SE halted attempts to take over partner Volkswagen AG and instead agreed to explore a merger with Europe's biggest automaker.
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The British government said on Wednesday that negotiations with Jaguar Land Rover on guaranteeing financing are continuing despite reports that the talks were in trouble.
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General Motors and the University of Michigan will create a research institute where engineering students will study advanced combustion engines, battery technology and electric-vehicle manufacturing.
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The SBK circus come to Monza this wee-end, the exciting high speed track near Milan, and home of the draft, high speed corners that lead to long straightaways, and tight chicanes.
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After the initial four races of the season, BMW-Sauber's was the most visibly changed Formula car in the Barcelona garages.
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