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Jul
27th

RUSSIA: Heatwave halts GAZ production

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GAZ Group has stopped production at its principal site following an almost unprecedented heatwave this month. Full story...
Jul
27th

US: TI Automotive wins global Mercedes supply deal

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TI Automotive on Tuesday said it had won its largest single source contract ever after being named global supplier of fuel tank systems for several unspecified "high-volume" Mercedes-Benz model lines. Full story...
Jul
27th

RUSSIA: Magna close to volume parts production

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Magna International is expected to start producing car parts in St. Petersburg - home to many western automakers' plants - some time in September-November, the city's deputy governor Yury Molchanov said. Full story...
Jul
27th

JAPAN: Auto steelmaker buys Indian stake

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JFE Holdings, the world's fifth largest steelmaker, will spend about US$1bn for a 14.9% stake in India's JSW Steel, just short of a mandatory takeover trigger level, in its bid to gain a foothold in the fast-growing Indian market. Full story...
Jul
27th

JAPAN: Toyota VP unfazed by China labour unrest

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Though the rapid rise of labour costs in China is "inevitable", Toyota Motor has no immediate plans to review its supply chain there, its vice president said. Full story...
Jul
27th

Automotive X Prize hits high gear:

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The Automotive X Prize is nearing the finish line. Full story...
Jul
27th

US: Saab readies dealers for 9-5 delivery

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Saab says it is "loading boats" in Sweden with the new 9-5 model as it prepares for a US launch in August. Full story...
Jul
27th

How much will the 2011 Chevrolet Volt cost?:

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General Motors plans to sell its Chevrolet Volt electric car for about $40,000, according to several news reports. Full story...
Jul
27th

2010 Ford Flex Limited EcoBoost, an AW Drivers Log:

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EDITOR WES RAYNAL: This is a nice people mover but, man, $46,000 is a lot of loot. I kept wondering whilst I drove it: Since the Flex walks and talks pretty much like a minivan, why don't I just save the coin and get a Dodge Grand Caravan? Full story...
Jul
27th

The 2010 Ford Flex Limited EcoBoost, an AW Drivers Log:

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EDITOR WES RAYNAL: This is a nice people mover but, man, $46,000 is a lot of loot. I kept wondering whilst I drove it: Since the Flex walks and talks pretty much like a minivan, why don't I just save the coin and get a Dodge Grand Caravan? Full story...
Jul
27th

A look at Dodge’s future product:

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With Ram pickups no longer part of its lineup, Dodge is repositioning itself as a sporty brand for all ages. Full story...
Jul
27th

Asbury sees acquisitions picking up in 2nd half

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Company executives say a number of factors - including changes in the U.S. tax code for 2011 - are converging to motivate sellers in the second half of the year. Full story...
Jul
27th

Mercedes-Benz SLS AMG vs. Lexus LFA

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Mercedes-Benz SLS AMG vs. Lexus LFA
Mercedes-Benz SLS AMG vs. Lexus LFA - Automobile Magazine
Supercoupe Shootout: LFA Meets SLS

The Lexus LFA and the Mercedes-Benz SLS AMG are about as different in approach and ability as a muscular sprinter is from a sinewy long-distance runner. It's a clash of characters along the lines of a Suzuki Hayabusa sportbike taking on a BMW K1300S, a Moog synthesizer compared with a Steinway piano, or techno music as opposed to Beethoven. This is a little surprising when one compares the almost identical DNA of the two supercoupes. Both cars are front-engined; are powered by high-revving, normally aspirated engines; feature a well-balanced transaxle layout; rely on lightweight body structures; and make do with nonadjustable suspension and steering setups.


Photo Gallery: Mercedes-Benz SLS AMG vs. Lexus LFA - Automobile Magazine


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Jul
27th

INDIA: Honda Siel expands powertrain parts production

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Honda's Indian car unit Honda Siel Cars India will spend INR2.5bn (US$53.3m) on its engine and transmission facility in the western state of Rajasthan. Full story...
Jul
27th

GERMANY: Daimler targets 2010 EBIT of EUR6bn

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Daimler said on Tuesday it made a net profit of EUR1,312m in the second quarter of 2010 compared with a net loss of EUR1,062m a year ago on revenue of EUR25.1bn (EUR19.6bn). It added it was targeting full-year EBIT of EUR6bn after earlier reporting Q2 EBIT of EUR2,104m compared with a EUR1,005 loss in 2009. Full story...
Jul
27th

FRANCE: CGT holds out against Strasbourg signature

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A French union involved in the on-going discussions at General Motors' automatic transmissions plant in Strasbourg says it is holding firm against what it describes as "blackmail." Full story...
Jul
27th

Group 1 sees little fallout from legal rift with Toyota

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Executives at Group 1 Automotive Inc. said they don't expect long-term repercussions from Toyota's June lawsuit to block the retailer from acquiring a pair of Toyota and Lexus stores. Full story...
Jul
27th

Daimler raises 2010 EBIT target to 6 billion euros

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Daimler raised its 2010 operating profit forecast to 6 billion euros ($7.8 billion) after higher sales in China and the United States helped the carmaker beat quarterly estimates. Full story...
Jul
27th

GERMANY: Daimler sets up new Smart unit

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Daimler is to set up a new Smart product unit in the Mercedes-Benz division from 1 September this year. Full story...
Jul
27th

New Bentley Conti pictures

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Spies blow the cover on Bentley’s facelifted Continental GT.


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