Opel labor leader Klaus Franz gave his clearest signal yet that he had dropped opposition to granting 265 million euros ($394 million) in annual wage concessions and would sit down to negotiate a deal with parent General Motors Co.
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and#8220;I have been in this business for over 40 years, and I have never seen so few vehicles offered at this time of year at auction.and#8221;
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Saab remains optimistic a buyer can be found for the whole company in the face of indications its owner, GM, is talking to China's BAIC about a partial sale of the Swedish brand's assets.
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Saab remains optimistic a buyer can be found for the whole company in the face of indications its owner, GM, is talking to China's BAIC about a partial sale of the Swedish brand's assets.
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Saab remains optimistic a buyer can be found for the whole company in the face of indications its owner, GM, is talking to China's BAIC about a partial sale of the Swedish brand's assets.
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Saab remains optimistic a buyer can be found for the whole company in the face of indications its owner, GM, is talking to China's BAIC about a partial sale of the Swedish brand's assets.
Full story...
Saab remains optimistic a buyer can be found for the whole company in the face of indications its owner, GM, is talking to China's BAIC about a partial sale of the Swedish brand's assets.
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The European Commission has demonstrated its wholehearted backing for the development of Ford's new Craiova car plant in Romania, approving a EUR57m subsidy from the government for training.
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The European Union needs to take on the task of slashing the continent's bloated automaking capacity, according to Fiat and Chrysler Group chief executive officer Sergio Marchionne.
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China's passenger-cars sales in November jumped 98.23 percent from a year earlier, official data showed, paving the way for roughly 50 percent growth in 2009 thanks to the government's stimulus measures to aid consumption. A total of 1.
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A consortium dominated by Swedish owners is ready to submit a cash bid for Volvo, the group's CEO said. "We have told Ford that we are ready to submit a cash bid and that we have investors backing this," Peder Fast, Konsortium Jakob AB's CEO, said.
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VW took another step in its integration with Porsche SE after acquiring a 49.9% stake in its sports car business for 3.9 billion euros ($5.8 billion).
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France's strategic investment fund (FSI) is not yet ready to invest in manufacturer Heuliez's electric vehicle project as new owner Bernard Krief Consulting (BKC) has not met necessary guarantees. The FSI had planned to invest 10 million euros ($14.
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General Motors Co. is talking to Beijing Automotive Industry Holding Corp.
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France's strategic investment fund (FSI) is not yet ready to invest in manufacturer Heuliez's electric vehicle project as new owner Bernard Krief Consulting (BKC) has not met necessary guarantees. The FSI had planned to invest 10 million euros ($14.
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Britain is considering cutting the tax on company-owned electric cars to 0 percent, a source familiar with the matter told Reuters on Monday, in a bid to stimulate the market for greener vehicles.
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A consortium dominated by Swedish owners is ready to submit a cash bid for Volvo, the group's CEO said. "We have told Ford that we are ready to submit a cash bid and that we have investors backing this," Peder Fast, Konsortium Jakob AB's CEO, said.
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VW took another step in its integration with Porsche SE after acquiring a 49.9% stake in its sports car business for 3.9 billion euros ($5.8 billion).
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General Motors Co. is talking to Beijing Automotive Industry Holding Corp.
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On the eve of an international climate summit, the EPA today formally declared greenhouse gases to be dangerous pollutants, strengthening President Barack Obama's hand and laying the groundwork for a new 35.5 mpg standard for light 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
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