Volkswagen is revising down its forecasts for China and India.
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The recent substantial cuts in interest rates may not be enough to help the auto industry out of its slump, said Jaguar Land Rover's new CEO.
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Toyota has added an all-new 1.33-litre Dual VVT-i petrol engine with stop-start technology to the Toyota Auris.
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The UK's auto industry trade association, the SMMT, has called for UK government action to support the automotive sector. The move follows sharp declines in the UK vehicle market in recent months as well as production cutbacks at UK car plants.
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AvtoVAZ's factory in Togliatti, Russia, manufactured more than 735,000 Ladas last year, making it Europe's No. 1 plant based on output. Take a look inside and around AvtoVAZ's massive automaking complex.
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Toyota Motor Corp. will halt production at all of its U.S. and Canadian auto plants for two days in December to reduce its robust flow of vehicles into a sagging U.S. market.
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General Motors plans additional temporary plant shutdowns into 2009 due to slowing demand and will pare overtime to cut costs, a company spokesman said on Tuesday.
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General Motors dealers are pushing a grass-roots campaign to rally support for low-interest federal loans that could save the company.
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Chrysler LLC CEO Bob Nardelli told a Senate hearing today that the automaker will burn through $5 billion to $7 billion in cash in 2009. That would be on top of $5 billion in cash consumed in the first three quarters of 2008.
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UAW President Ron Gettelfinger told a Senate hearing today on an automaker rescue package that the union has made many sacrifices since 2005 to boost the competitiveness of the Detroit 3.
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Toyota Motor Corp. will halt production at all of its U.S. and Canadian auto plants for two days in December to reduce its robust flow of vehicles into a sagging U.S. market.
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Senate supporters of $25 billion in emergency loans for automakers don't have the votes to pass the measure without more conditions on the aid, Senate Banking Committee Chairman Christopher Dodd said Tuesday night.
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Chrysler LLC CEO Bob Nardelli said he would accept $1 per year in salary if it helped Chrysler obtain its $7 billion share of a proposed $25 billion automaker rescue package.
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Ford Motor Co. expects its Ford Fusion and Mercury Milan hybrid sedans to get better fuel economy than the Toyota Camry Hybrid. The restyled, re-engineered Fusion and Milan will be company's first sedans with a two-mode hybrid powertrain.
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The cars are barely 3 years old, but the Ford Fusion and Mercury Milan already have undergone a restyling and re-engineering.
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Some of the most talented racers in the IndyCar series will probably be looking for a new job as the economic challenges facing the series are taking their toll on teams and sponsors.
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The minivan craze has abated, replaced largely by SUVs and CUVs; but the shine is fading on these family workhorses as well. Recognizing the creep of boredom, Ford performed a "re-think" of the segment and came up with the Flex; a fairly radical, somewhat nostalgic looking, six-seater featuring front-wheel-drive (FWD) and all-wheel-drive (AWD) configurations.
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Imagine yourself moving slowly through rush-hour traffic. As you drive, you drip some coffee on your lap and look away for just a short moment. At the same time, the car suddenly stops in front of you. Bang!A moment's inattention is all it takes to cause an accident. In fact Volvo research has demonstrated that 75% of all collisions occur below 30 km/h. And in half of the cases, drivers are simply distracted and fail to brake in time.
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