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May
3rd

U.S. light vehicle sales advance 18% on demand for fuel-efficient models

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U.S. auto sales -- helped by strong retail volume, new models and fuel-efficient vehicles -- rose 18 percent last month as automakers beat back the effects of rising gasoline prices and dwindling supplies of vehicles.
May
3rd

US: Meritor sales and profits rise in fiscal second quarter

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Meritor second fiscal quarter sales were US$1.2bn, up 37% year on year. Net income was $17m versus $13m and EBITDA was $81m, up 33%.
May
3rd

Nissan beats Ford to win 10-year contract to supply NYC taxis

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Nissan North America has beat out Ford Motor Co. to win a 10-year contract to supply small commercial vans to New York City for its entire taxi cab fleet starting in 2013.
May
3rd

JAPAN: Fuji ending Subaru minivehicle production

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Fuji Heavy Industries will stop producing minivehicles after 54 years in February next year to improve operational efficiency, company sources have said.
May
3rd

SWEDEN: Saab mulls imminent restart should supplier talks succeed

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Saab says it is hoping to restart production next week at its idle factory although this hinges on crucial talks with suppliers.
May
3rd

Acura’s bargain birth introduced Japanese luxury to the U.S. 25 years ago:

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The idea seemed almost ludicrous to Tom Elliott back in 1982, but there it was, in black and white, on Honda Motor Co.'s strategic product plan.
May
3rd

US: Lear off to a good start

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Lear Corporation, automotive seating and electrical power management system supplier, booked first quarter up 20% to US$3.5bn and operating profit up 48% to $205m in the seventh consecutive quarter of year on year improvement.
May
3rd

2011 Jeep Grand Cherokee Overland 4×4 – Four Seasons Update – April 2011

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2011 Jeep Grand Cherokee Overland 4x4 - Four Seasons Update - April 2011
2011 Jeep Grand Cherokee Overland 4x4 - April 2011 Update - Automobile Magazine
Detail obsessed.

Months in service: 4
Miles to date: 10,668


Photo Gallery: 2011 Jeep Grand Cherokee Overland 4x4 - April 2011 Update - Automobile Magazine


May
3rd

Pioneer AppRadio system draws on Apple operating-system interface:

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The touch screen, that increasingly ubiquitous piece of technology.
May
3rd

2011 Porsche Boxster Spyder, an AW Drivers Log Car Review:

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EXECUTIVE EDITOR--AUTOWEEK.
May
3rd

Ally’s Q1 profits fall 10% on weaker auto, home lending

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Ally Financial Inc., the auto and home lender preparing to go public, reported first-quarter profit fell 9.9 percent as income declined at its two core units.
May
3rd

2011 Lexus GS350 AWD

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2011 Lexus GS350 AWD
2011 Lexus GS350 AWD - Editors' Notebook - Automobile Magazine
The current-generation GS has been on the market for six years, an eternity in the world of premium cars.

The current-generation GS has been on the market for six years, an eternity in the world of premium cars. So when I drove it last night and asked myself the inevitable question, why would anyone buy this over its many much newer competitors, I said, well, Lexus must offer some killer lease deals on the GS. So I went to the Lexus Web site expecting to find these killer lease deals with, like, headlines blaring, "Drive a Lexus GS350 for only $599 a month, no money down!!!" I didn't find anything of the sort, but I did come across a Lexus-provided comparison of the GS with three principal competitors: the Mercedes-Benz E350, the Infiniti M37, and the BMW 535i. Lexus claims that, in order to get models equipped as well as the GS350 is for its $48,925 base price, you'd have to spend $55,075 for the Infiniti, $58,345 for the Mercedes, and a whopping $63,575 for the BMW. I didn't double-check their specification charts and math, but I have no reason to think they are stretching the truth. All four sedans are available with either rear- or all-wheel drive, all of them are comfortable and luxurious and have powerful six-cylinder engines, and all four of them should prevent you from being snubbed by your country-club valets, even if they aren't parked in the front circle drive.


Photo Gallery: 2011 Lexus GS350 AWD - Editors' Notebook - Automobile Magazine


May
3rd

US: AA&M doubles Q1 net profit

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American Axle & Manufacturing Holdings booked irst quarter 2011 sales of US$645.6m, up 24% year on year as non-GM sales grew approximately 44% to $178.4m.
May
3rd

Spyker signs deal with China’s Hawtai Motor to raise funds for Saab:

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Saab owner Spyker Cars on Tuesday said it has signed an agreement with China's Hawtai Motor Group to form joint ventures for manufacturing, technology and distribution.
May
3rd

Tenneco posts higher Q1 profit, issues warning about Japan

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Tenneco Inc., which makes emission control and ride control systems, posted a higher-than-expected quarterly profit, but warned that industry production in the second quarter will be hurt by the Japan crisis.
May
3rd

Skoda launches new SE Plus trim

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New trim level, between SE and Elegance, could save customers up to £1,310.


May
3rd

INDIA: Mercedes to build A & B class by 2013

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Mercedes Benz India is to widen its product range to gain leadership in the luxury car segment here. BMW has already overtaken it and Audi closing the gap.
May
3rd

SWEDEN: Antonov "heavily involved" in Saab Hawtai deal

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Saab's prospective Russian investor Vladimir Antonov was "heavily involved" in the deal that saw Chinese company Hawtai agree to plough EUR150m (US$222m) into Saab.
May
3rd

INDONESIA: ASEAN Q1 sales rise by 24% to 697,000

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New vehicle sales in the ASEAN region's six largest markets grew by 24% to 697,337 units in the first quarter of 2011, from 562,203 units a year earlier, according to data collected from industry sources across the region.
May
3rd

SWEDEN: Wary suppliers moot Saab "cash on delivery" possibility

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A Swedish suppliers body is estimating Saab might have to pay "cash on delivery" in order to satisfy its members following today's (3 May) deal with Hawtai Motor of China that has thrown a lifeline to the troubled automaker, whose factory remains idle.
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