Ford is on target to reduce net debt to zero by the end of the year, chief financial officer Lewis Booth said.
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Japanese firm’s smallest hybrid on sale now, priced from £23,485.
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Spyker, the Dutch supercar maker that bought Saab in February, lowered this year's production forecast for the Swedish brand as the costs of the takeover led to a wider third-quarter loss.
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Spyker, the Dutch supercar maker that bought Saab in February, lowered this year's production forecast for the Swedish brand as the costs of the takeover led to a wider third-quarter loss.
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General Electric may jump-start the electric-vehicle industry with an order that CEO Jeffrey Immelt said will be the largest in history. GE will order 'tens of thousands' of the vehicles in about a week, Immelt said.
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Toyota Motor Corp. secretly bought back from U.S. consumers vehicles it found with speed-control defects as part of a strategy to hide unintended-acceleration problems from safety regulators and the public, a revised lawsuit claims.
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Bugatti introduced the Veyron supercar in India, undeterred by a 110 percent import tax that helps raise the retail price to $3.6 million.
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Toyota Motor Corp. secretly bought back from U.S. consumers vehicles it found with speed-control defects as part of a strategy to hide unintended-acceleration problems from safety regulators and the public, a revised lawsuit claims.
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Porsche's 2011 Cayenne S hybrid will go on sale in the United States next month, carrying a $68,675 sticker price tag, including transportation. Porsche says the hybrid will accelerate from zero-to-60 mph (about 62kph) in 6.
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Tesla Motors, the maker of electric cars backed by Toyota, said the two companies are considering whether to build battery-powered RAV4 SUVs at the U.S. automaker's California plant.
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GM said Thursday it is prepared to purchase $2.1 billion of preferred stock held by the U.S. Department of Treasury upon completion of its public offering. The move marks another step by the automaker to repay $49.5 billion in federal bailout funds.
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Ford has to improve its balance sheet more before restoring common dividends that it canceled four years ago, Chief Financial Officer Lewis Booth said.
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Internet shopping by buyers of late-model used vehicles increased significantly in 2010, an indication that at least some new-vehicle intenders opted to buy a used vehicle instead of a new one. The J.D.
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Porsche's 2011 Cayenne S hybrid will go on sale next month, carrying a $68,675 sticker price tag, including transportation. Porsche says the hybrid will accelerate from zero-to-60 miles per hour in 6.1 seconds and has a top speed of 150 mph.
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What's sleek, fast, has a retractable hard top and a penchant for luxury and performance? If you know your cars, there are many that could fit this description. One of them is the subject of this review. The BMW Z4, especially since its most recent facelift, is clearly one of those cars that many guys and gals point to and say: "one day, I'll have one in the garage".
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Bruno Senna, the nephew of the great Ayrton Senna, is in talks to switch for 2011 from struggling HRT to F1's best new team Lotus.
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A race contract for an inaugural Bulgarian grand prix in 2012 could be signed as soon as next month, according to the head of the south east European country's motor racing federation.
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EFormulaCarNews.com has published its ranking of the more than 200 drivers who appears on the North American formula car racers' list on which three Canadians are in the top-25.
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Rubens Barrichello has revealed he hopes to stay with the Williams team in 2011.
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Kimi Raikkonen's manager has admitted the Finn is no longer interested in returning to formula one in 2011.
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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