Despite an investment of 500 million last year, Continental's powertrain division is still trying to catch up with rivals such as Robert Bosch, Denso and Magna International.
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The dismal outlook facing the automotive sector has forced PSA/Peugeot-Citroen CEO Christian Streiff to scrap his medium-term volume and profitability objectives.
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The odds are against the survival of Saab as an independent automaker, as it begins the process of spinning off from its troubled US owner General Motors.
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Opel urgently needs money to prevent a cash crisis that could result in the total failure of its operations. The time frame is weeks.
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A pencil soloist who spread the allure of Italian design well ahead of today's globalization, Giovanni Michelotti was one of the most prolific stylists of sports cars of the 20th century.
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As the automotive industry gathers in Geneva for the annual auto show, all of the major manufacturers foresee a challenging year ahead. Cash conservation is a theme that reoccurs in their presentations to analysts and discussions with journalists.
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Renault expects its low-cost Logan range to continue growing in 2009, despite the global slowdown.
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Despite the economic crisis, Volkswagen group, Daimler, and possibly BMW, will post profits in 2009, analysts say.
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Renault and Nissan executives say ramping up their global partnership offers them the best chance to survive the current crisis. From an operational perspective, however, the 10-year-old Franco-Japanese alliance is heading in the other direction.
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With car sales plummeting globally and little sign of life coming from any nation's economy, the 79th Geneva auto show could be seen as the modern equivalent of the string quartet on the deck of the Titanic.
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For decades, the two dealerships operated by Bob Smith Automotive Group were vital parts of Maryland's Eastern Shore.
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Takanobu Ito, the next president of Honda Motor Co., exudes the quirky gearhead persona of his predecessors in the automaker's executive suite. He loves the research lab and the racetrack. He harbors a secret passion for aerospace engineering.
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About 2.6 million cars and trucks are projected to come off lease and enter the used-vehicle market this year and#x2014; 8.3 percent more than in 2008.
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General Motors vows that its tightly knit product development partnership with Adam Opel AG will continue, despite GM's plans to sell a minority stake in the German automaker.
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Mike Kahn ran the fastest-growing U.S. dealership group in 2007, rocketing up Automotive News' annual ranking of the country's largest auto retailers.
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Toyota Motor Corp. is famed for its advance planning, obsessive attention to "what if" scenarios and continuous improvement.
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U.S. auto dealer profits slid to a nearly two-decade low in 2008 and could fall even more this year. According to the National Automobile Dealers Association, the average dealership made a net pretax profit last year of just 1.
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Here's the scary thing about General Motors' fourth-quarter operating loss of $5.9 billion: There's little reason to expect much improvement in the first three months of 2009.
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In life, Larry Miller was a hands-on empire builder renowned for his attention to the smallest detail. After his death Feb.
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A century ago, cars powered by gasoline, steam and electricity battled for supremacy. Over the next decade, consumers once again will have a number of powertrains and fuels from which to choose.
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