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Apr
27th

Fernandes confirms Team Lotus-Caterham deal:

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Tony Fernandes has officially confirmed that Team Lotus Enterprises has taken over tiny British sports-car maker Caterham Cars.
Apr
27th

Fernandes confirms Team Lotus/Caterham deal:

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Tony Fernandes has officially confirmed that Team Lotus Enterprises has taken over tiny British sportscar maker Caterham Cars.
Apr
27th

GERMANY: Q1 sales and profits up at VW group

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Operating profit at Volkswagen climbed from EUR0.8bn to to EUR2.9bn and operating return on sales rose from 3% to 7.8% year-on-year in the first quarter of 2011.
Apr
27th

SWEDEN: "No risk" in Antonov Saab offer claims director

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Vladimir Antonov's holding company director, Lars Carlstrom, is frustrated at the time taken by the European Investment Bank (EIB) ratification process involved in a refinancing package that he says carries "no risk".
Apr
27th

GM raises car sales forecast for Opel/Vauxhall

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GM's European unit has revised its sales forecast and now expects to sell between 1.3 and 1.4 million cars this year, 10,000 to 15,000 more cars in Europe than originally forecast, GM Europe President Nick Reilly said.
Apr
27th

2011 BMW 535i – Four Seasons Update – April 2011

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2011 BMW 535i - Four Seasons Update - April 2011
2011 BMW 535i - Four Seasons Update - April 2011 - Automobile Magazine
Undoubtedly a highway star, but is it lacking that certain something?

Months in service: 11
Miles to date: 28,669


Photo Gallery: 2011 BMW 535i - Four Seasons Update - April 2011 - Automobile Magazine


Apr
27th

Mini Cooper S Countryman in Chile

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Mini Cooper S Countryman in Chile
Mini Cooper S Countryman in Chile - Great Drives - Automobile Magazine
Chile Con Cooper: Tackling the rugged Chilean countryside in search of the brand's fiberglass past.

"Are you feeling strange?" asks photographer Paul Harmer. I am. And so is he. Tingling limbs, light-headedness, shortness of breath -- Harmer thinks he's having a panic attack, while I fret absurdly about deep-vein thrombosis. This is not a good place to have either affliction. We may be sitting in comfort aboard an air-conditioned Mini Cooper S Countryman, but we're also climbing a dirt road deep in the heart of Chile's Atacama Desert, miles from the nearest doctor. But then it dawns on our travel-blunted brains: this is altitude sickness. We're closing on a peak topping 13,000 feet, around the altitude at which oxygen masks drop in the cabins of unpressurized aircraft.


Photo Gallery: Mini Cooper S Countryman in Chile - Great Drives - Automobile Magazine


Apr
27th

SOUTH KOREA: Kia sets new sales record

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Kia set a new quarterly sales record in the first three months of this year, delivering 565,355 vehicles worldwide, up 20% on the same period in 2010.
Apr
27th

SOUTH KOREA: Hyundai Veloster deliveries start at last

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Hyundai will finally start deliveries of its new Veloster coupe this week after labour disputes delayed the production of the key model.
Apr
27th

Porsche first-quarter profit jumps on revamped Cayenne sales

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Porsche reported a first-quarter profit gain after a revamp of the Cayenne boosted demand for the sport-utility vehicle.
Apr
27th

SWEDEN: GM coy on holding key to Saab financing deal

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Saab is continuing to talk to the European Investment Bank (EIB) today (27 April) in a bid to resolve financing issues that appear to hinge on approval from former owner General Motors.
Apr
27th

JAPAN: Mitsubishi Motors operating profit up 189%

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Mitsubishi Motors posted a full year operating profit of JPY40.3bn, a 189% or JPY26.4bn increase over the last fiscal year as an increase in unit sales volume together with factors such as reductions in material and other costs more than offset the negative impact of the strong yen.
Apr
27th

Lambo unleashes new Aventador video

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Latest promo video of Lamborghini's new supercar is one of the best car adverts you'll see this year


Apr
27th

Volkswagen first-quarter profit triples on China sales of Audi, VW models

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Volkswagen said first-quarter profit more than tripled as the VW and Audi brands attracted Chinese customers. Net income increased to 1.71 billion euros ($2.51 billion) from 473 million euros a year earlier.
Apr
27th

Volkswagen Q1 profit triples on China sales of Audi, VW models

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Volkswagen said today first-quarter profit more than tripled as the VW and Audi brands attracted Chinese customers. Net income increased to 1.71 billion euros ($2.51 billion) from 473 million euros a year earlier.
Apr
27th

Team Lotus buys out Caterham

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Tony Fernandes, the man behind the Lotus F1 team, has bought British sport car maker Caterham.


Apr
27th

Porsche 911 GT3 RS 4.0 leaked

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Hardcore 911 gets race-derived engine with 500bhp and limited production run of 500 units.


Apr
27th

GOLDING’S TAKE: Hats off to Ford top hats

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Alan Mulally has changed course. His commentary on Ford's first quarter financial results yesterday (Tuesday) was more about the cars than the numbers.
Apr
27th

Video: Looking back at 50 years of the Jaguar E-type:

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Jaguar's continuing commemoration of the 50th anniversary of the iconic E-type shined in the Big Apple last week, with a celebration of the car's 1961 premiere at the New York auto show.
Apr
27th

Volvo backs off plan for new flagship

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Volvo's aggressive expansion will not include a new flagship sedan to compete against the BMW 7 series and Mercedes S class. "It is not in our midterm or long-term strategy right now," CEO Stefan Jacoby told reporters at the Shanghai auto show.
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