Aug
12th
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GM chairman and CEO Ed Whitacre is to step down with Dan Akerson taking over from 1 September and as chairman at the end of the year. Full story...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Aug
12th
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Saab Automobile on Thursday said it was seeking new importers for Mexico, Brazil and Argentina. Full story...
Aug
12th
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UPDATED--Ed Whitacre is stepping down as General Motors Co. CEO on Sept. 1. He will be replaced by Daniel Akerson, who joined the GM board in July 2009 after a long career in telecommunications. Full story...
Aug
12th
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Jack Roush, co-owner of Roush Fenway Racing and chairman of Roush Enterprises, was released from the Mayo Clinic in Rochester, Minn., on Wednesday. Full story...
Aug
12th
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Ed Whitacre is stepping down as General Motors Co. CEO on Sept. 1. He will be replaced by Daniel Akerson, who joined the GM board in July 2009 after a long career in telecommunications. Full story...
Aug
12th
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Ed Whitacre is stepping down as General Motors Co. CEO on Sept. 1. He will be replaced by Daniel Akerson, who joined the GM board in July 2009 after a long career in telecommunications. Full story...
Aug
12th
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Aug
12th
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General Motors' Vauxhall division says it has no plans to change advertising promoting its new lifetime warranty of up to 100,000 miles for new cars. Full story...
Aug
12th
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Aug
12th
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Vehicle sales in the Philippines increased by 37.7% year-on-year in July to 15,972 units, from 71,506 units a year earlier, according to data released by the Chamber of Automotive Manufacturers in the Philippines Inc (CAMPI). The association's president, Elizabeth Lee, attributed the ongoing sales growth to a "strengthening consumer and business confidence". Full story...
Aug
12th
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Proton Holdings is looking to China to increase its exports in the current fiscal year to the end of March 2011. The company is targeting a 30% rise in overall car exports to 30,000 units, from around 23,000 units in the previous financial year. Full story...
Aug
12th
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What is it? Full story...
Aug
12th
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General Motors, the automaker 61 percent owned by the U.S. government, is seeking to raise $12 billion to $16 billion in an initial public offering, said a person familiar with the plan. Full story...
Aug
12th
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General Motors Company today announced second quarter 2010 net income of US$1.3bn (earnings per share of $2.55) - its largest quarterly profit since 2004 - on revenue of $33.2bn. Earnings before interest and tax (EBIT) was $2.0bn. Full story...
Aug
12th
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General Motors Company today announced second quarter 2010 net income of US$1.3bn (earnings per share of $2.55) on revenue of $33.2bn. Earnings before interest and tax (EBIT) was $2.0bn. Full story...
Aug
12th
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Despite a $160 million quarterly operating loss by its European unit, GM on Thursday reported a $1.3 billion net profit for the April-June period -- its largest quarterly profit since 2004. The results surpassed the $865 million in net income the U. Full story...
Aug
12th
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General Motors Co., poised to launch one of the largest public stock offerings in U.S. history this fall, today reported a $1.3 billion net profit for the second quarter -- GM's largest quarterly profit since 2004. Full story...
Aug
12th
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Nano production at Tata Motor's Sanand plant will rise to 20,000 units per month as the Indian manufacturer looks to capitalise on the popularity of the model. Full story...
Aug
12th
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BMW, General Motors, Toyota Motor and other carmakers will lose production of more than 2,100 vehicles a day in South Africa after halting output because of a strike that began Wednesday. Full story...
Aug
12th
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Tata Motors is looking to increase its commercial vehicle business in "every sector." Full story...