Chrysler Group posted an operating profit of $239 million in the third quarter and raised its outlook for the balance of the year in anticipation of stronger sales and improved operating performance.
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Chrysler Group posted an operating profit of $239 million in the third quarter and raised its outlook for the balance of the year in anticipation of stronger sales and improved operating performance.
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A joint venture of South Korea's Samsung SDI and Germany's Robert Bosch has won a contract to supply lithium-ion batteries for Chrysler's upcoming electric vehicle, the Fiat 500EV, Samsung said on Monday.
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Global manufacturer of lithium-based battery cells China BAK Battery, has announced Chery Automobile, one of its major electric vehicle customers, has launched its first lithium-ion solution EV, Ruilin M1, powered by China BAK's lithium-ion phosphate batteries.
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Aston Martin has announced the appointment of Hanno Kirner to its newly-created position of Chief Financial Officer, based at the company's global headquarters in Gaydon, UK.
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October figures from the UK Retail Motor Industry Federation (RMI) show a healthy growth with year-to-date van sales growth of 18.8%
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Lithium-ion advanced battery systems and all-electric vehicles developer Coda Holdings, has announced the resignation by mutual consent of Kevin Czinger as CEO
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Spain has been granted approval by the European Commission for EUR382,200 (US$532,000) in assistance from the European Globalisation Adjustment Fund (EGF).
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Audi grew new car sales by 5.8 percent in October as demand from China and the United States continued to rise. Audi said sales in China were up 18.2 percent, while sales in the U.S. grew 10.5 percent.
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Geely Automobile has set up a committee to facilitate communications with Volvo in one of its first concrete steps at integration since Geely's parent bought the Swedish carmaker from Ford earlier this year.
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The slow-motion auto sales recovery may have reached a turning point -- and not just because of the healthy 13 percent October increase and the fact that the annual selling rate was the best since the heady cash-for-clunkers days of the summer of...
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Instead of sending that 1997 Ford Aspire trade-in to auction, large dealership groups are seeking to retail such older cars for more profit. AutoNation, Lithia, Asbury, Sonic and Penske are among retailers trying to boost sales of old used vehicles.
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The new Republican majority in the House will investigate, slow and try to block Obama administration initiatives that it considers detrimental to the auto industry, lobbyists predicted.
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In radio ads that began last fall, Brad Benson -- then Hyundai's second-best-selling U.S. dealer -- pledged to remain celibate until his store in rural New Jersey regained the top spot. Benson, 54 and married, can breathe a little easier now.
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Tonkin Wilsonville Nissan in Oregon noticed a rise in online reviews in 2008. Soon, contacting each reviewer became a daily routine for General Manager Bill Jones.
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Honda Motor Co. survived the global financial crisis better than most, avoiding the full-year losses seen on many balance sheets. But Honda's rebound has not been as sharp as most of the rest of the industry.
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Subaru is on a roll. U.S. sales are up 23 percent through October and on pace to beat the market for a third straight year. And Subaru of America's parent, Fuji Heavy Industries Ltd., just doubled its full-year profit forecast.
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Alan Mulally wears his heart on his sleeve. Well, sort of. He does wear the word "Ford" embroidered on the cuff of his white dress shirts. "My dream is you'll walk away and believe I'm about accelerating Henry Ford's original position," Mulally says.
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Volkswagen plans to build and sell 10,000 electric cars in China from 2014 to 2018. VW will produce an electric model at local ventures with SAIC Motor Corp. and FAW Group Corp.
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U.K. Prime Minister David Cameron is expected to press Chinese political leaders to approve a new factory for Jaguar Land Rover quickly during a trade visit to the country this week, the Financial Times reported.
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