The Pendragon share price doesn't know where to go. It was 2p this time last year when most of the punters were gambling that it would go bust. It shot up to 20p when the bankers came up with the loans that kept the show on the road. By the mid-summer - when the market was beginning to rake through the ashes of the economy looking for recovery plays, Britain's biggest car retail group rattled up to 44p.
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UK-based Body-in-White and stampings supplier Stadco is to shut its Coventry facility with the loss of 165 jobs.
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The reclusive Akio Toyoda is taking the rare step of waving the family flag, as the scion to Toyota Motor Corp.and#8217;s founding dynasty tries to steer the worldand#8217;s largest car company out of a spiraling safety crisis.
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Dana Holding Corporation on Wednesday reported a net loss of $431m for full year 2009, an improvement of $291m compared to the 2008 result, after excluding a one-time gain of $754m in 2008 recognised in connection with the application of fresh start accounting. The result included Q4 after tax charges of $153m related to the planned sale of the structural products business to Metalsa.
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Honda is bringing a three-wheel, one-person battery-electric concept to the Geneva auto show. It's called the 3R-C, and it's Honda's vision of what a green urban commuter car could look like.
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The reclusive Akio Toyoda took the rare step of waving the family flag, as the scion to Toyota Motor Corp.'s founding dynasty tries to steer the world's largest car company out of a spiraling safety crisis.
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With congressional hearings scheduled well into next month, a lot more certainly will be said about Toyota's spate of recalls and how NHTSA handled the investigations. When it's all done, though, what will it mean to the automotive enthusiast?
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The grilling that US lawmakers had indicated they would give top Toyota executives, starting with the US House of Representatives Committee on Energy and Commerce hearing yesterday, played out last night - on primetime news broadcasts.
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Plans by Chinese engineering company Sichuan Tengzhong Heavy Industrial Machinery to acquire General Motor's Hummer unit appear to have hit the buffers.
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Plans by Chinese engineering company Sichuan Tengzhong Heavy Industrial Machinery to acquire General Motor's Hummer unit appear to have hit the buffers.
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South Korean carmaker Kia Motors Corp. will boost car production in Slovakia by 40 percent this year, driven mainly by rising demand in the SUV market, the company's Slovak unit said on Wednesday.
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Dutch supercar maker finalises deal to purchase Saab from GM
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Sweden's ministry of industry has welcomed news of Saab's final sale to Dutch carmaker Spyker in a deal that should secure around 3,000 jobs at the Trollhattan plant.
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South Korea's carmakers took a record 5.7% share of the global car industry in 2009, building 3.513m of the 61.295m vehicles produced worldwide, according the Korea Automotive Manufacturers Association.
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Euro zone industrial new orders unexpectedly rose in December against November, data showed, helped in large part by a car-scrappage scheme in France designed to encourage vehicle purchasing.
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Maruti Suzuki, India's market leader, is recalling 100,000 A-Star models to fix a potential fuel leak. The A-Star is exported as the Suzuki Alto and Nissan Pixo to countries including Germany, France and the UK.
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Dramatic saloon points to all-new 508, features diesel-electric hybrid engine
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General Motors last night confirmed it would add a third shift at its Lordstown, Ohio complex, adding 1,200 jobs producing the new GM Daewoo-designed 2011 Chevrolet Cruze compact sedan.
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Punto Evo and 500C become latest Fiat models to get the Abarth treatment
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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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