Today, Wednesday 3 November, is the day automakers are scheduled to release their October sales figures, but a number of them jumped the gun and posted their results on Tuesday, mid-term election day.
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BMW made less money in the third quarter on its cars than Audi and Mercedes even as the revamped 5 series helped spark an 11-fold increase in net income. BMW posted an automotive operating profit margin in the quarter of 8.
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BMW made less money in the third quarter on its cars than Audi and Mercedes even as the revamped 5 series helped spark an 11-fold increase in net income. BMW posted an automotive operating profit margin in the quarter of 8.
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Honda, which for many years has been driving down the hybrid route, may be having second thoughts about demand for battery powered electric cars.
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GM and its Chinese partner, SAIC Motor, will cooperate on developing alternative-energy vehicles as the world's largest auto market aims to reduce its dependence on oil.
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GM and its Chinese partner, SAIC Motor, will cooperate on developing alternative-energy vehicles as the world's largest auto market aims to reduce its dependence on oil.
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New-car prices in Europe are tumbling as automakers are forced to offer big discounts to counter a sales slump caused by economic misery and the end of scrapping incentives.The price war is affecting automaker profits.
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Three of the four current and former dealers bidding to unseat Democratic incumbents in Congress are projected to sweep into office on a national wave of Republican votes.
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German, French, Spanish and Italian car sales plunged in October as Germany, Italy and Spain continued to suffer from the end of their scrapping schemes and France's reduced subsidy was not enough to prevent a drop versus the strong sales this time...
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South Korea's Hyundai and its affiliate Kia aim to increase their combined annual sales by 14 percent to 6.4 million units next year, media reported on Wednesday.
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There is a 30 percent chance that investors holding preferred shares in Porsche SE may not be able to swap their stock for equity in Volkswagen, according to VW CEO Martin Winterkorn.
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General Motors Co. can get a tax break of up to $45 billion as part of its U.S. government-financed restructuring, documents filed with federal regulators earlier this year showed.
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Hyundai-Kia, Subaru, Volkswagen and some smaller automakers posted sharp increases in October U.S. auto sales today as the industry appeared poised to record a solid month.
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Most automakers posted solid U.S. sales gains last month, leading the industry to its strongest performance in more than a year in another sign that consumers are growing more confident.
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By 2020, 93 percent of the new cars sold in Europe will have a traditional powertrain, according to J.D. Power and Associates. Not only do I think this prediction correct, I believe it is good news for the industry and for the environment.
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The latest speedART ,,BTR-II 650 EVO" (Bi-Turbo Racer, 2. generation with 650 hp and Evolution-body kit) is the worldwide strongest Porsche 997 Turbo with 650 hp and over 900Nm. Additional to the impressive power the BTR-II 650 EVO is the only Porsche with an enforced PDK-gearbox which is the qualification for an impeccable power transmission.
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For 2011, Ford is serving up not so much a little car as a big plaything, perfect for the young, party-going crowd. Ford isn't the only one to do so, however, as Mazda has also jumped on the festive bandwagon with the 2, and GM will be showing off its 2012 Aveo in Paris. And don't forget that Toyota Yaris, Nissan Versa, Kia Rio and Honda Fit have been shaking things up for a few years now already.
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The struggling Spanish team HRT insists it is reluctant to respond to Bernie Ecclestone's latest scathing comments.
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Quick, name the driver with the least points in the Chase who has the most wins? If you said Clint Bowyer you'd be correct.
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Mark Webber insists he is not concerned that it is Sebastian Vettel, and not himself, who is regarded as the star of the Red Bull team.
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With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up