A champion of innovation and forward-thinking, Don Panoz will unveil his latest automotive dream machine next week at a most familiar location - Le Mans, France.
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All major automakers posted gains in May -- ranging from Chrysler's 33 percent to Toyota's 7 percent -- as the light-vehicle sales rate hit its highest level this year. Sales rose 19 percent from May 2009 to 1.1 million light vehicles.
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Most of General Motors Co.'s 17 percent sales increase this month was in fleet sales. Sales to individual customers only increased 7 percent, while fleet sales increased 38 percent.
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The demise of Mercury has one potentially positive outcome for the car world: a revitalization of Lincoln.
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Toyota Motor Sales U.S.A. remains bullish for the rest of the year for both its Toyota-Scion and Lexus divisions. Toyota Division will continue to support sales with hefty incentives, but Lexus is dropping cut-rate leases.
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Ford Motor Co. and Coulomb Technologies Inc. are giving away 4,600 electric-vehicle charging stations. Some will go to the first buyers of the Ford Transit Connect electric delivery van, which goes on sale this year.
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Hot F-series pickups and Fusion sedans boosted Ford Motor Co.'s May U.S. sales 22 percent to 196,671 light vehicles.
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Paced by its Dodge brand, Chrysler Group reported a 33 percent sales increase last month. Chrysler sold 104,819 units in May, just a year after the company's first month in a government-managed bankruptcy.
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Mercury has stood for hot-rodding, performance, style and even feminine appeal during various points in its 72-year history. But ultimately, the failure to stand alone in the Ford Motor Co.'s family of brands spelled its demise.
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Dealer sources say they expect Ford Motor Co. to confirm plans to phase out its 71-year-old Mercury brand at a press conference this afternoon.
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Ford Motor Co. will discontinue its 71-year-old Mercury brand and end production of vehicles in the fourth quarter, Mark Fields, Ford's president of the Americas, said today.
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Rarely do we at AutoWeek like to see a nameplate get deep-sixed. When one does, we enthusiasts get a little nostalgic.
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Rarely do we at AutoWeek like to see a nameplate get deep-sixed. When one does, we enthusiasts get a little nostalgic.
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Toyota has sold all 500 copies of the Lexus LFA supercar that it plans to build. Toyota will build only 20 copies of the 552-hp two-seater per month for a two-year period beginning in December.
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In News Brake: James Bond's Aston Martin DB5 hits the auction block, Ford wraps its cars in modern vinyl, and BMW reveals a new Art Car . . . But Wait, There's More!
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In News Brake: James Bond's Aston Martin DB5 hits the auction block, Ford wraps its cars in modern vinyl, and BMW reveals a new Art Car . . . But Wait, There's More!
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Canadian auto sales rose just 0.2% in May and they would have been in the red had it not been for a few strong performers, according to industry data.
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Renault-Nissan chief Carlos Ghosn has told the Financial Times that he believes the alliance can become the world's third largest carmaker this year.
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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
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