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Feb
3rd

AutoNation boosts Q4 profits 9%; stock rises 11%

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Buoyed by manufacturer incentives, cost cuts made during the recession, and vehicle sales that outpaced the industry, AutoNation Inc. boosted fourth-quarter profits. The nation's largest car retailer reported net income of $67. Full story...
Feb
3rd

Mercedes boosts January deliveries 23% on surging China demand

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Mercedes-Benz said January sales advanced 23 percent as Chinese consumers bought more of its German luxury cars. Deliveries rose to 82,700 vehicles from 67,000 a year earlier, the carmaker said in an e-mailed statement Thursday. Full story...
Feb
3rd

ITALY: FIM slams FIOM Mirafiori walkout as “flop”

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An Italian union representing metalworkers in Italy has branded last week's Italian strike by Fiat labour body FIOM "a flop." Full story...
Feb
3rd

UK: First Leaf shipment arrives on energy saving ship

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The first shipment of 67 Nissan Leaf EVs for Europe arrived on Thursday in north east England, on the maiden voyage of the City of St. Petersburg, the automaker's new energy-saving car carrier for transporting vehicles in Europe. Full story...
Feb
3rd

Renault plans to build 350,000 Dacias a year in Morocco

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Renault will eventually be able to produce 350,000 low-cost Dacias per year at the plant it is building in Tangiers, in Morocco, an executive at the French carmaker said on Thursday. Full story...
Feb
3rd

EGYPT: BMW pulls employees as violence spirals

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BMW has pulled its German nationals from Egypt as demonstrations for and against the incumbent President turn ever more violent. Full story...
Feb
3rd

Hyundai to trumpet U.S. fuel-economy gains in monthly sales report

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Hyundai Motor Co., aiming to offer the most efficient U.S. vehicle line, began revealing overall fuel economy for its cars and light trucks based on monthly sales as regulators prepare to set tougher rules for automakers. Full story...
Feb
3rd

Production resumes at most U.S. plants after storm

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Production has resumed at most North American auto plants after a massive snowstorm swept across the United States and parts of Canada, forcing closures and causing parts shortages. Chrysler Group LLC, General Motors Co. and Ford Motor Co. Full story...
Feb
3rd

BMW may lease, not sell, its Megacity EV

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BMW says it may lease out its Megacity Vehicle on a short-term basis, rather than offering it for sale, the first indication of its marketing plan for the electric car. Full story...
Feb
3rd

UK/JAPAN: Honda rules out more English CR-Vs for US

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Plans to source more Honda CR-Vs for North America outside Japan will not include the British plant which has previously built the model for that market. Full story...
Feb
3rd

UK: Renault launches own brand tyre

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Renault UK has launched a high quality, low price tyre brand, claiming to be the first vehicle manufacturer to offer its customers an own brand tyre. Full story...
Feb
3rd

Get the picture, Ford says:

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Ford Motor Co. is ready to deck out your garage, workroom or--if your wife lets you--the living room. The company has brought thousands of images out of its archives and is now selling them at www.fordimages.com. Full story...
Feb
3rd

Renault to target emerging markets with majority of $7.89 billion investment

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Renault said it would invest 5.7 billion euros ($7.89 billion) in its industrial sites and that most of this would go overseas to take advantage of growth in increasingly important emerging markets. Full story...
Feb
3rd

Johnson Matthey Q3 profit boosted by global auto boom

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Johnson Matthey, the world's largest supplier of catalytic converters said underlying third-quarter pretax profit rose 34 percent and it expected good trading in its final quarter. Full story...
Feb
3rd

Mercedes to gain full ownership of Mercedes F1 racing team, report says

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Mercedes-Benz is to gain full ownership of the racing team Mercedes GP by buying the 24.9 percent stake held by team principal Ross Brawn, Germany's auto motor und sport magazine reported on Wednesday. Full story...
Feb
3rd

Lexus wants to prove that hybrids can be aggressive, too

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When you think about Lexus, one of the first things that come to mind is luxury. Toyota now wants to prove that its premium division is also synonymous with aggressiveness, particularly their hybrid models. That's why they will showcase a highly-modified Lexus CT 200h at the 2011 Chicago Auto Show. Full story...
Feb
3rd

2012 Volkswagen Tiguan leaked

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A Volkswagen employee just made a mistake - and the day of VW enthusiasts around the world - by accidentally posting online a picture of the redesigned 2012 Tiguan for a brief period of time. Since one Internet user was quick and smart enough to save the image on his computer, we can now share it with you. Full story...
Feb
3rd

Campagna Motors, creators of the T-Rex, will launch the V13R this spring

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Campagna Motors announced that it will launch the V13R, in the spring of 2011 after having spent five years developing this hybrid between a motorcycle and a car with the properties and behavior of a T-Rex and the appearance of a roadster. Full story...
Feb
3rd

GP2: Van der Garde dominates second day of testing in Abu Dhabi

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Netherland's Giedo Van der Garde set the fastest time of the second and final day of collective tests of the GP2 Asia Yas Marina Circuit in Abu Dhabi. Full story...
Feb
3rd

Sourcing and testing turbos for the market’s latest

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For decades, most powerful vehicles ran big, heavy engines that had to drink aggressively, even when they weren't really working. Big engines are a car-buff staple and loved by gearheads the world over-- but economic mayhem and haywire gas prices have left automakers looking for a new, more fuel-efficient way to give their products some serious jam. Full story...
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