Seven-time NASCAR champion Richard Petty has decided to enter one car in the next edition of the Indianapolis 500 in the IndyCar series.
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Japanese car manufacturer Honda is "frustrated" to have abandoned formula one on the eve of almost guaranteed success, new team owner Ross Brawn insists.
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Stuttgart. Everything remained very quiet when today's Dr. Ing. h.c. F. Porsche AG
established VW-Porsche-Vertriebsgesellschaft mbh, the VW-Porsche Sales Company,
together with Volkswagenwerk AG, as it was called at the time, in April 1969.
Holding stock capital of DM 5 million, the new company launched the strategy of success for two sports cars still carefully held back from the public pending their final
presentation: the VW-Porsche 914 and 914/6.
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Mitsubishi Motor Sales of Canada (MMSCAN) announced, today, its new zero-emission electric car i MiEV could hit the streets of Canada as early as November 2009.
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For more than a decade, auto shows held in Korea came and went unheralded, undervalued and unappreciated, being snubbed by foreign manufacturers (and even domestic manufacturers) who chose the likes of Tokyo - and more recently Beijing and Shanghai - to display their latest vehicles. Hyundai and Kia, the two largest car companies in Korea, usually accepted its tour of duty by unveiling showcars every two years, more out of obligation than anything else. But with a slew of concepts such as the Hyundai Blue-Will, Kia VG and Renault Samsung eMX making their debuts in Seoul this year, there are positive signs that attitudes are starting to change.
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General Motors will be overtaken by Volkswagen AG this year and fall to the world's third-largest automaker by production volume, market research company R.L. Polk Germany said today.
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General Motors will be overtaken by Volkswagen AG this year and fall to the world's third-largest automaker by production volume, market research company R.L. Polk Germany said today.
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General Motors' request for $10.3 billion in loans under a U.S. Department of Energy program is now contingent on the automaker's 60-day restructuring review, a top GM executive said.
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General Motors' request for $10.3 billion in loans under a U.S. Department of Energy program is now contingent on the automaker's 60-day restructuring review, a top GM executive said.
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General Motors' request for $10.3 billion in loans under a U.S. Department of Energy program is being considered in tandem with the automaker's 60-day restructuring review, a top GM executive said today.
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BorgWarner Inc. wants to raise at least $275 million in a convertible debt offering to shore up its balance sheet, the supplier said today.
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Volkswagen AG will overtake U.S. rival General Motors this year to become the world's second-largest automaker by volume, market research company R.L. Polk Germany said on Monday.
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Chrysler Canada's minivan assembly plant in Windsor, Ontario, which employs about 4,900 people, will reopen at midnight after a parts shortage forced its closure on April 1, the company said today.
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Chrysler Canada's minivan assembly plant in Windsor, Ontario, which employs about 4,900 people, will reopen at midnight after a parts shortage forced its closure on April 1, the company said today.
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The Packard world has lost one of its most avid enthusiasts. Robert Turnquist, a longtime fan of the luxury marque and one of Americas early car collectors, died April 4 at the age of 82.
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A South Korean newspaper has reported that Ssangyong plans to cut 40% of its workforce as part of a new business plan to ensure its survival.
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More car manufacturers are seeking to take perceived risk away for potential customers with different forms of unemployment insurance. After helping Hyundai to add sales in the US, the idea is spreading in the US and now across the Atlantic.
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GAZ plans to start producing a less expensive model of its GAZelle light commercial vehicle in September-October, GAZ Group's Deputy CEO Vadim Sorokin has told reporters.
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There's no mistaking it for anything but a Porsche, but with four doors and four full seats, the Panamera is like no previous Porsche.
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