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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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1965-74 American muscle in a high-style Italian suit.
Some cars are derisively said to look like refrigerators, but the shapely Italian automobiles built by Renzo Rivolta's company, Iso, are actually descended from refrigerators-or, more accurately, the refrigerator business. Iso (originally Isothermos) made refrigerators in Italy starting in 1939. In the postwar years, the company began building motorbikes, scooters, and then minicars, most notably the Isetta bubble car, which was also licensed to other manufacturers, including BMW.
Photo Gallery: Collectible Classic: Iso Grifo - Automobile Magazine
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Car sales in Western Europe fell by 18.5% in July according to data released by JD Power automotive forecasting with a host of national markets recording big falls on last year. Full story...
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Vauxhall has introduced a lifetime warranty of up to 100,000 miles on all its new cars with immediate effect. Full story...
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Used car imports of 7,893 - up 28.1% year on year - as usual outpaced New Zealand new car registrations of 4,446 in July, down 0.6%, the New Zealand Transport Agency said on Thursday. Full story...
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Hyundai Motor already has severe capacity constraints at its Alabama plant and is preparing to announce plans to add US production capacity, its top local executive said. Full story...
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Tata is searching for a successor to Chairman Ratan Tata, whose acquisitions of Jaguar Land Rover and Tetley Group Plc charted India's emergence as a global economic power. Full story...
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Webasto Group has agreed to buy the North American convertible roof business of bankrupt supplier Wilhelm Karmann GmbH. Full story...
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Hyundai Motor India's (HMI) cumulative production and sales has passed the 3m mark, parent Hyundai Motor said on Thursday. Full story...
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To help reduce vehicle weight aluminum is becoming more important for German automaker BMW and its use of the metal has grown steadily in recent years, the company said. Full story...
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Mahindra & Mahindra is expected to make a bid for up to US$400m to acquire cash-strapped SUV specialist Ssangyong Motor, three sources with direct knowledge of the matter told Reuters on Thursday. Full story...
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Tesla Motors has posted a deeper second quarter loss of US38.5m compared to US$29.5m in the same period last year. Full story...
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Two Chinese automakers booked healthy sales rises for the year to date. Chongqing Changan Automobile said on Thursday its total sales for the first seven months of this year rose 40% year on year to 1.07m units. Full story...
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Germany's luxury carmaker BMW expects its China car sales to rise more than 30 percent this year, boosted by the country's robust economic growth, its China chief said on Thursday. Full story...
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The U.S. Export-Import Bank said today it approved a loan guarantee for Ford Motor Co. to finance $3.1 billion in exports of cars and trucks to customers in Canada and Mexico. Full story...
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The U.S. Export-Import Bank will unveil a loan guarantee on Thursday for Ford Motor Co that will finance $3.1 billion in sales of cars and trucks to customers in Canada and Mexico, a White House official said. Full story...
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Honda Motor does not expect any impact on earnings for the July-September quarter from labour disputes in China. Full story...