McLaren Automotive laid out its ambitious plans to become a competitive player in the high-performance car market on Thursday and wants to build up to 4,000 top-shelf sports car annually by the middle of the decade.
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Seating specialist Lear Corporation has submitted a regulatory filing with the US Security and Exchange Commission as it looks to refinance.
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IHS Inc. has announced the acquisition of CSM Worldwide, a Detroit-based automotive market forecasting firm dedicated to providing automotive suppliers with market information and production, powertrain and sales forecasting.
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Goodwood Festival of Speed confirms its very own British motor show that allows you to drive cars up the famous hill

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Mitsubishi Motors is to invest nearly 800m reais (US$448m) up to 2015 to build the Pajero Dakar jeep and Lancer Sedan.
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Nissan Motor Co. said it will build the new Leaf electric vehicle at Britain's Sunderland assembly plant starting in early 2013, with initial capacity of 50,000 units.
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Don't be careful what you wish for; wish for exactly what you want. You might get it. Want an STI with more performance but at a lower cost? Willing to give up a few minor features to get it? Then the WRX STI Special Edition is for you.
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Kia will invest 100 million euros ($136.6 million) to build a new engine plant at its assembly site in Slovakia.
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Porsche sits atop the annual U.S. Vehicle Dependability Study rankings released by J.D. Power and Associates on Thursday.
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Ford says it is preparing to invest GBP1.5bn in its four UK facilities over the next five years after securing a GBP360m UK government loan guarantee.
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Plans to turn UK household waste into biofuels could see savings of up to three million car emissions annually.
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Shanghai Automotive Industry Corporation (SAIC) plans to invest 10 billion yuan in its Nanjing operations by 2015 and has just commenced operations at a new facility.
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Volkswagen is officially creating a company to develop sporty cars, called Volkswagen R GmbH.
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Japanese firm puts faith in British plant to build its groundbreaking electric car

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UK car production rose 62.7% year-on-year to 97,255 units in February, though the comparison is against severely depleted production levels in early 2009 as the industry wound down stocks in the wake of recession and sharply lower orders.
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Under pressure AvtoVAZ is planning a further downsizing of its workforce, but don't expect anything too dramatic on top of reductions that have already happened.
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Porsche sits atop the annual U.S. Vehicle Dependability Study released by J.D. Power and Associates today. The German sports car maker rose from 11th place to lead the annual study of 3-year-old vehicles.
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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