Peugeot strongly denied any interest in buying the Honda Formula 1 team based in Brackley, Great Britain. The rumor said that French manufacturer Groupe PSA, selling cars under the names Peugeot and Citroen, had reportedly expressed interest in buying Honda's beleaguered formula one team.
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Williams, the only team not backed by a car manufacturer or a billionaire individual, is in favour of imposing salary caps in formula one.
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According to a recent JD Power and Associates study, there's been a substantial increase in the number of people who turn to the internet for their used-car shopping needs, and the number who ultimately buy vehicles they find online.
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Hyundai enters 2009 with an all-new sedan delivering surprising performance in every respect. Actually, the surprise is even greater when you consider that, barely 25 years ago, the Stellar stood as the flagship car in the same exact showrooms.
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Newly crowned world champion Lewis Hamilton has revealed he will not test for McLaren prior to the 2009 car's completion in January.
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In order to avoid any conflict with Formula One, the DTM has published a revised calendar for the 2009 season, with a couple of major changes; the absence of the Mugello circuit and the replacement of the Le Mans venue by Dijon.
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Formula 1 supremo and former owner of the Brabham team Bernie Ecclestone has vowed to save his marriage with his wife of 24 years, Slavica.
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You might say that Nova Scotia's Leslee Nicholson loves her job. Three times a week, she drives a whopping 430 kilometres to her job in Halifax- an arduous trek that's earned the Program Development Coordinator the title of Canada's Longest Commuter. The title was bestowed by tire manufacturer Goodyear Canada for Nicholson's 27 hour per week voyage- one which sees her spending an average of $150 per week on fuel.
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Kuwait's Investment Dar said on Sunday it was considering offers to sell up to 20 percent of British carmaker Aston Martin and is seeking to borrow up to 300 million dinars ($1 billion) to refinance debt.
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WASHINGTON -- Bush administration officials and automakers are working this weekend on a possible deal for emergency loans to prevent the collapse of General Motors and Chrysler LLC, says Sen. Bob Corker, R-Tenn.
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The White House was studying on Saturday how best to rescue collapsing U.S. automakers, a day after picking up the pieces of a failed congressional bailout plan.
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Chevrolet advertising agency Campbell-Ewald will dismiss as many as 100 employees as the auto retailer cuts costs, executives familiar with the matter said.
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When Jeep first launched the Patriot I was none too sure about it. After all, it's based on the Dodge Caliber, and although I love the value for money aspect of that vehicle, I couldn't quite fathom a Jeep version of it. Aren't Jeeps supposed to be rugged, go-anywhere types of vehicles? Would you call a Dodge Caliber with 4WD one of those? Well, I'm ready to eat my words and take back everything that I have said about the Patriot in the past, because after spending a week in one, I totally get it.
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Flavio Briatore has announced he will no longer be working in formula one in two years.
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Sébastien Loeb, the five times World Rally (WRC) champion, kept his composure despite fierce pressure from fellow finalist, Britain's David Coulthard, to become the champion of champions.
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Force India boss Vijay Mallya has ended mounting speculation about the team's 2009 driver lineup.
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Flavio Briatore has announced he will no longer be working in formula one in two years.
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Moves to bring South Africa back to the formula one calendar have taken a major step forwards.
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Tony Schumacher, National Hot Rod Association's (NHRA) Top Fuel champion, was recently chosen as the 2008 Driver of the Year by a panel of 18 American motor sports journalists.
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Unfortunately, workers at many General Motors plants will get an extended holiday this Christmas season. With the economy in poor shape, consumers are buying significantly fewer cars than last year. Accordingly, General Motors will scale back production to meet current lowered market demands. GM's sales, in particular, are down 41 percent overall versus last year.
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