Kia Motors is considering issuing bonds with warrants to shore up its balance sheet amid the global credit crisis, a senior company executive said today.
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Renault CEO Carlos Ghosn said he did not expect many tie-up deals in the industry until the financial environment had stabilized.
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The Nano minicar will finally go on sale in April after months of delay caused by problems at its main production plant In India, Tata Motors said today. The Nano is slated to be the world's cheapest car at under $2,000.
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Kia Motors is considering issuing bonds with warrants to shore up its balance sheet amid the global credit crisis, a senior company executive said today.
Full story...
Kia Motors is considering issuing bonds with warrants to shore up its balance sheet amid the global credit crisis, a senior company executive said today.
Full story...
Nissan Motor said today it was on track to reverse some of its production cuts in Japan in March as inventory levels come under control, although it said vehicle sales remained weak and unpredictable.
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Nissan Motor said today it was on track to reverse some of its production cuts in Japan in March as inventory levels come under control, although it said vehicle sales remained weak and unpredictable.
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The Nano minicar will finally go on sale in April after months of delay caused by problems at its main production plant In India, Tata Motors said today. The Nano is slated to be the world's cheapest car at under $2,000
Full story...
Renault CEO Carlos Ghosn said he did not expect many tie-up deals in the industry until the financial environment had stabilized.
Full story...
Saab is negotiating with the Swedish government over a loan guarantee of 500 million euros ($637 million), Saab chairman Jan-Ake Jonsson said.
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Robert Bosch LLC on Wednesday named Tim Frasier as regional president of its automotive electronics business activities in North America.
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Mazda North American Operations is recalling nearly 31,000 Mazda CX-9 crossovers built for the 2007-09 model years to repair a problem that can cause the driver's seat to change positions unexpectedly.
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Saab is negotiating with the Swedish government over a loan guarantee of 500 million euros ($637 million), Saab chairman Jan-Ake Jonsson said.
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The European Commission warned again against protectionism as six EU countries awaited approval for schemes to support their ailing car industries.
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The European Commission warned again against protectionism as six EU countries awaited approval for schemes to support their ailing car industries.
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Rinspeed may have come up with a solution for motorists who use their cars in very different situations, such as in the city, where motor power is less important, and on the open road, where better performance is necessary. The Swiss manufacturer is introducing the E2 Concept based on the Fiat 500 Abarth.
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Rinspeed may have come up with a solution for motorists who use their cars in very different situations, such as in the city, where motor power is less important, and on the open road, where better performance is necessary. The Swiss manufacturer is introducing the E2 Concept based on the Fiat 500 Abarth.
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In some circles, it's a little-known fact that Lotus isn't just a builder of tiny, fast cars that try to out-handle military aircraft on Top Gear. Though the UK-based company got their reputation for building lightweight performance cars, the automaker is also involved in several environmentally-friendly engineering initiatives as well.
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Team staff at Honda's Brackley headquarters have been told to prepare for imminent winter tests in Spain and subsequently the beginning of the 2009 season in Australia.
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Rinspeed may have come up with a solution for motorists who use their cars in very different situations, such as in the city, where motor power is less important, and on the open road, where better performance is necessary. The Swiss manufacturer is introducing the E2 Concept based on the Fiat 500 Abarth.
Full story...