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May
5th

Rolls-Royce to start certifying used cars:

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Rolls-Royce is launching a certification program for used cars, called Provenance, which includes a warranty and roadside assistance.
May
5th

NASCAR team owner Hendrick becomes engine builder for a day:

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NASCAR championship-winning team owner Rick Hendrick got to do something on Thursday that many of us would love to do--build the engine for his Chevrolet Corvette Z06 Carbon Edition.
May
5th

Chrysler needs more office space, signs large office lease near HQ

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Chrysler Group LLC, in another sign of better times, has signed a lease for a 210,000-square-foot office building in Auburn Hills, Mich., signaling that the automaker needs more space than what is contained in its 4.
May
5th

Carroll Shelby, Felt Bicycles collaborate on beach cruiser:

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Felt Bicycles, a maker of competition bikes, and our favorite Mustang tuner, Carroll Shelby, have collaborated on a custom cruiser bike that pays homage to the classic Shelby GT350.
May
5th

Video: Possible new Pantera spotted in Italy:

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A YouTube video shows what appears to be the newest evolution of the hallowed De Tomaso Pantera.
May
5th

2011 Volkswagen Touareg TDI Executive

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2011 Volkswagen Touareg TDI Executive
2011 Volkswagen Touareg TDI Executive - Editors' Notebook - Automobile Magazine
The Touareg feels like a collection of everything this company does well.

I drove some 565 miles over an early-April weekend, about 200 miles of which was on two-lane, northern Michigan roads; the rest was mostly freeway. My average fuel economy was 26 mpg, as indicated by the trip computer, so if I had been driving solely on the freeway and kept my speed in check, I suspect I could have achieved the 28-mpg EPA highway figure. I was going 78-80 mph on the freeway and I've been told by automotive engineers that SUVs and crossovers suffer a dramatic loss in fuel efficiency above 70 mph.


Photo Gallery: 2011 Volkswagen Touareg TDI Executive - Editors' Notebook - Automobile Magazine


May
5th

US: Tower boosts Q1 sales and profits

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Tower International, auto industry supplier of engineered structural metal components and assemblies, boosted first quarter sales 25% to US$600m and adjusted EBITDA 30% to $65.7m as higher volume was offset partially by less-favourable product mix and launch-related costs. Net income was $9m or $0.45 per share.
May
5th

ITALY: FIOM shop stewards sign Grugliasco deal despite top brass defiance

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Fiat's major union at its Grugliasco plant appears to be riven with disagreement concerning a new deal that has pitted shop stewards against the top management.
May
5th

US: No hurry for Chrysler IPO – Sergio

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Chrysler is in no rush to go public, according to chief executive Sergio Marchionne, who added that the US carmaker "technically" does not need to raise equity.
May
5th

US: GM recalls Ohio-made Cruze over steering problem

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General Motors is recalling 154,112 of its top-selling Chevrolet Cruze compact cars to check that the steering shaft has been properly installed.
May
5th

US: Visteon Q1 net profit shrinks after ’10 special items

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Visteon Corporation first quarter 2011 net profit was $39m, or $0.75 per share, on product sales of $1.97bn, compared with net income of $233m on product sales of $1.85bn for the first quarter of 2010. But last year's result included a $237m net gain related to the termination of company-paid medical, prescription drug and life insurance coverage benefits under US post-retirement employee benefit (OPEB) plans. Adjusted EBITDA for Q1 2011 was $159m, compared with $161m in first quarter 2010.
May
5th

2011 Acura RL with Advance Package, an AW Drivers Log:

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EXECUTIVE EDITOR--AUTOWEEK.COM BOB GRITZINGER: It seems as if Acura has almost disappeared from the radar, but it remains one of my favorite premium brands for its mix of luxury, refinement and Honda-engineered sporty driving character.
May
5th

GM profits surge to $3.2 billion in first quarter:

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General Motors on Thursday posted net income of $3.2 billion for the first quarter, its fifth straight quarterly profit since emerging from bankruptcy.
May
5th

GM’s China sales drop 4.6% in April as government scraps incentives

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GM sold 203,367 vehicles in China in April, down 4.6 percent from a year earlier, after the government scrapped some tax incentives in the world's largest auto market this year.
May
5th

GM recalls the Chevrolet Cruze for possible steering problems:

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General Motors said on Wednesday that it will recall 154,112 Chevrolet Cruze sedans to check for a problem with the steering shaft.
May
5th

Kia styling chief Schreyer is fluent in Koreapean:

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The way Peter Schreyer sees it, there is one key difference between European and Korean automakers: Europeans design from the heart, Koreans from the head.
May
5th

COMMENT: Muddied waters or clarification from EIB on Saab?

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Even by the grindingly slow benchmark the European Investment Bank (EIB) seems to set, today's (5 May) statement on the future of Saab takes the biscuit.
May
5th

First Look: 2012 Mercedes-Benz SLS AMG Roadster

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First Look: 2012 Mercedes-Benz SLS AMG Roadster
2012 Mercedes-Benz SLS AMG Roadster - First Look - Automobile Magazine
Shedding the gullwing doors opens up new skies.

Inevitably, the arrival of spring has convertible owners -- especially those stuck in snowbelt states -- itching to enjoy their vehicles al fresco. This same itch apparently afflicts those employed at Mercedes-Benz, as the company's AMG performance division just rolled out its new 2012 SLS AMG Roadster months ahead of its scheduled debut in Frankfurt.


Photo Gallery: 2012 Mercedes-Benz SLS AMG Roadster - First Look - Automobile Magazine


May
5th

Obama’s fuel-efficiency push may lead fleets to use more gasoline

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President Barack Obama's plan to have the government rely on vehicles that use alternative fuels like ethanol may end up increasing rather than reducing gasoline use.
May
5th

US: GM invests $131m in Kentucky plant

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General Motors said it would invest US$131m in the Bowling Green assembly plant in Kentucky to support production of the next Chevrolet Corvette sports car.
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