Montréal - The sales downturn in the automobile industry doesn't intimidate Ford Motor Company of Canada president and CEO, David J. Mondragon. "Ford is very well positioned as we look at our business opportunities going forward", he told us last Thursday at the Montréal International Auto Show (MIAS) in an interview.
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Ford says they'll launch a six-speed, dual-clutch transmission into North America's small-car segment next year. Their advanced new 'Power Shift' gearbox will provide enhanced efficiency and mileage compared to the conventional four-speed automatic common in this type of vehicle.
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Consumers car-shopping in the 2020 model year will find vehicles that are smaller, lighter, and use a wide range of powertrains and materials. They may run on synthetic fuels.
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The UAW will sacrifice to help General Motors and Chrysler LLC get their federal loans, but doesn't expect to take lower wages, President Ron Gettelfinger said tonight at the Automotive News World Congress.
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UAW President Ron Gettelfinger said here today that the union didn't intend to make wage concessions as part of federal bailout provisions being demanded of General Motors and Chrysler LLC.
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General Motors said today it received a delayed payment of $5.4 billion under the emergency funding provided by the U.S. government to keep it in business. "GM confirmed that it did receive today the second draw of its U.S.
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Ray LaHood, President Barack Obama's choice to head the Department of Transportation, said today that Obama is "not going to have to push me very hard" to raise fuel economy standards for cars and trucks.
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The hybrid battle between Honda and Toyota could be getting a lot hotter. Toyota Motor Corp. plans to keep selling the current version of its Prius hybrid alongside the third generation after the new Prius debuts later this year, a newspaper reports.
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Responding to pleas from worried dealers, Chrysler Financial has delayed by one month a deadline on a new policy of charging dealers fees on aging inventory on their lots.
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Ford Motor Co. plans to offer as an option an electronically shifted dual-clutch, six-speed manual transmission in 2010.
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Starting in March, GMAC Financial Services will charge dealerships more to keep aging new vehicles on their lots. In a Jan.
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The federal government needs to gradually increase gasoline taxes if it wants to decrease dependence on foreign oil and promote cleaner vehicles, the CEO of the nation's largest dealership group told the Automotive News World Congress today.
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If automakers know their brand's core strengths and weaknesses and react quickly to events, they'll make it through the next 18 months, the CEO of Mazda North American Operations said today at the Automotive News World Congress.
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The company that runs the remnants of former UK automaker MG Rover has dropped a reference to its Chinese parent from its name.
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As Chrysler LLC and Fiat Group pursue a global partnership, the automakers are walking a fine line in the U.S. capital. Chrysler needs federal loans to keep operating, company officials say. But giving U.S.
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Audi of America Inc. will shine the spotlight on its redesigned A6 mid-sized sedan in a commercial to be shown during the Super Bowl on Feb. 1.
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Foreign automakers face increasing competitive challenges in the Chinese market, but its rapid growth makes the effort worthwhile, a veteran manufacturing expert said.
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Foreign automakers face increasing competitive challenges in the Chinese market, but its rapid growth makes the effort worthwhile, a veteran manufacturing expert said.
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A tie-up between Chrysler and Fiat, as announced earlier this week, could "bring a whole new batch of fun to drive, fuel-efficient and environmentally friendly cars to [US] shores," according to an Edmunds.com editor.
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