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Sep
27th

Fiat mulls Ferrari IPO to boost Chrysler stake, report says

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Fiat is considering listing part of Ferrari to raise cash to increase its stake in Chrysler, an Italian newspaper reported Sunday. Full story...
Sep
27th

Mitsubishi denies battery plan with LG Chem

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Mitsubishi Motors Corp. on Monday said it had no plans to develop batteries with South Korea's LG Chem Ltd., denying a report in the Nikkei business daily a day earlier. "The report is based on speculation. Full story...
Sep
27th

PSA seeks closer carbon fiber ties with BMW, report says

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PSA is considering expanding its cooperation with BMW in carbon fiber, a German business newspaper reported. Full story...
Sep
27th

Europe grapples with overcapacity as incentives expire

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Not a single European automobile plant closed during the recession, while 18 assembly factories have been shuttered in the U.S. since 2008. European governments prevented the biggest automakers from firing workers and used subsidies to prop up sales. Full story...
Sep
27th

Hyundai to recall Sonata sedans in U.S. over steering

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Hyundai Motor Co. will recall about 139,500 cars in the U.S. because of steering issues that could result in a loss of or reduction in maneuvering capability, the U.S. National Highway Traffic Safety Administration said. Full story...
Sep
27th

Europe grapples with capacity glut as U.S. carmakers slim down

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Not a single European automobile plant closed during the recession, while 18 assembly factories have been shuttered in the U.S. since 2008. European governments prevented the biggest automakers from firing workers and used subsidies to prop up sales. Full story...
Sep
27th

VW’s Winterkorn says overtaking Toyota will be tough

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VW CEO Martin Winterkorn said his target for the company to overtake Toyota as the world's biggest automaker by 2018 will be tough and he aims to remain in his job to ensure continuity to reach the goal. Full story...
Sep
27th

New Porsche SUV could be called Cajun

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A new Porsche SUV will be brought to market soon, VW CEO Martin Winterkorn said, adding that the model might be named the Cajun. Full story...
Sep
27th

Porsche lures outsiders, too, to Panamera

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With the launch of its four-door, four-seat Panamera sports car last October, not only did Porsche Cars North America enter an all-new segment; it also did all kinds of marketing it might never have done for a typical Porsche launch. Full story...
Sep
27th

Japan’s big players plan a jolt of electrics

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Japan's three largest automakers are making a push to extend their alternative-fuel powertrain offerings in the next two years. Toyota Motor Corp. will bring two electric and six hybrid-electric models to market in the next 24 months. Full story...
Sep
27th

2nd chance in the quick lane

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For the past year, service advisers at Maroone Ford have been selling extended service contracts and prepaid maintenance contracts from the dealership's service drives. Full story...
Sep
27th

Industry gathers to honor leading women

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More than 500 members of the global automotive industry came together in Detroit last week as Automotive News hosted an event celebrating the success of the 100 Leading Women in the North American Auto Industry. Full story...
Sep
27th

Torn Apart and Rebuilt

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A recent flight from Detroit to Germany found TI Automotive executive Domenico Milicia sitting uncomfortably in coach, but all the richer for it. Full story...
Sep
27th

Lincoln to ax 200 metro stores

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In an attempt to inject more luxury into its last remaining premium brand, Ford Motor Co. wants to cut at least 200 Lincoln franchises, or 40 percent of its dealers in major metropolitan areas. Full story...
Sep
27th

Europe grapples with capacity glut as U.S. carmakers slim down

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Not a single European automobile plant closed during the recession, while 18 assembly factories have been shuttered in the U.S. since 2008. European governments prevented the biggest automakers from firing workers and used subsidies to prop up sales. Full story...
Sep
27th

2011 Volvo S60 First Impressions

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Thoughts of a premium, turbocharged, all-wheel drive sport sedan with 300-ish horsepower don't typically call the Volvo badge to the minds of enthusiasts--though the automaker may be well on their way to changing that. Intended to be the most dynamic and passionate Volvo ever, the Swedish brand's latest S60 is bound to start making Infiniti G37 and BMW 335i shoppers do a double take. Full story...
Sep
27th

The CARTONDRUCK smart: far from ”disposable”

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An unusual cooperation project has its world premiere. smart, the packaging specialist CD CARTONDRUCK AG from Obersulm in Baden-Württemberg, Germany, and the Berlin-based artist Sarah Illenberger unveil the first smart fortwo to have its interior and exterior components designed and produced in high-quality recyclable cardboard from the company Gmund. Full story...
Sep
27th

Ian Fleming’s AC Sells For Record Price!

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Last Friday September 17, a 1962 AC Aceca Coupé once owned by James Bond's creator, Ian Fleming, sold for a record C$110,560 at Bonhams' Goodwood Revival auction held in Chichester, Sussex. However this figure is below the pre-sale estimates of C$140,000 - 180,000 announced earlier. Full story...
Sep
27th

Head of Segway dies in a Segway accident

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The owner of Hesco Bastion Ltd, Jimi Heselden, died yesterday in an accident seemingly implicating a Segway, the one-person electric vehicle manufactured by his conglomerate. Full story...
Sep
27th

smart fortwo Test Drive Experience Event in Vancouver

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TORONTO - Recognized as the hallmark for safe and intelligent urban transportation for more than 10 years, the compact and versatile smart fortwo is set to revolutionize the traditional test drive experience today while also providing a valuable service to Vancouverites. Full story...
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