Newly reorganised Saab is steadily reducing its break-even point and has more than enough cash to survive as it begins to rebuild sales, its chief executive officer has said.
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Ssangyong Motor, which is under bankruptcy protection, has said that it has narrowed a net loss in the first quarter of this year, helped by rising sales.
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This AC Cobra replica hides a very special secret.
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Nissan Motor president Carlos Ghosn thinks his company's electric vehicles can survive and be competitive even after the expiry of government incentives for fuel-efficient cars this year if the company reaches an annual production and sales target of 500,000 units.
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Forecasters are predicting a more positive outlook than first expected for European automotive production during the next four years, with a strong indication that output will return to the pre-recession highs of 2007 by 2014.
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After ending ties with Renault, utility vehicle major Mahindra & Mahindra is set to re-promote the Logan, a car designed for emerging markets, in a bid to revive the car's dismal fortunes.
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Ally Financial, the lender once known as GMAC, has said it is "committed" to supporting the auto industry, signaling an independent stance should former owner General Motors might get back into vehicle lending.
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Which city is the most dangerous to drive in? Believe it or not, it might Baltimore. Yes, Baltimore.
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After a long period of decline that began with the international financial crisis of late 2008, Russia's light vehicle market notched up 20% year-on-year growth in April.
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COPY EDITOR CYNTHIA L. OROSCO: This Fusion is a sporty ride and doesnand#8217;t feel at all like a family sedan. Sure, itand#8217;s a four-door and the trunk is big, but the Fusion doesnand#8217;t feel like a boat.
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Ford Motor Co. CEO Alan Mulally, who ended three years of losses in 2009 as rivals slid into bankruptcy, said the automaker's earnings next year will improve on 'solid' profit in 2010.
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General Motors Co. sparked Republican criticism and a regulatory complaint by saying in commercials it had repaid U.S. loans. The ads did succeed in repairing the automaker's image with some consumers.
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Mexico's industrial output rose in March at its fastest annual rate in almost four years while auto exports surged in April, showing growth is accelerating in Latin America's second largest economy.
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General Motors thinks its US market share could rise to 20% in May, boosted by increased supply of top selling models, more advertising and attractive credit offers from its financing partner, the chief of its North American operations has said.
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Volkswagen plans to boost its ailing Spanish unit by by expanding its model range and growing outside its domestic market in a move chief executive officer James Muir described as "the last attempt for Seat as a brand".
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Suzuki is to introduce a plug-in hybrid version of its popular Swift compact car using batteries supplied by Sanyo Elecrtric in the second half of this year.
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As emerging markets take an increasing share of the global auto industry, India's auto business is continuing to attract new investment, though the industry there still needs to think carefully about how it can continue to grow, according to a paper produced by management consultants.
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Opel is still uncertain on whether it will receive any financial aid from the German state following yesterday's government committee meeting on the issue.
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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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