UK government business secretary [minister] Peter Mandelson has said he does not believe Magna International's plan for Opel is "commercially the most viable".
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Opel's workers' representatives have questioned the Magna International consortium's plans to restructure the automaker, despite supporting the deal.
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One brand sums up just how big a shake-up the European market has had in 2009: Kia. Trailing Honda by only 6,500 units after the first eight months, the Korean firm is clearly on a roll. Perhaps surprisingly, it is the battered UK market that's been leading the charge. Kia Motors UK's new managing director Michael Cole tells Glenn Brooks not only how those sales gains are being made, but also profits.
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Renault wants to stay in F1 motor racing and continue to make an important contribution to the sport, the company has told the FIA, motorsports' controlling body.
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Avtovaz, which is 25% owned by Renault, will cut up to 27,600 jobs, about on-third of its workforce, to help it reach "effective and profitable production."
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Volkswagen expects global car markets to stagnate next year, a top executive said as he asked workers to help the world's third largest automaker catch up with the leaders.
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Ford CEO Alan Mulally has said he expected the group, hit by the global slump, to be profitable in 2011, despite the US market recovering more slowly than from past recessions.
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Jaguar Land Rover (JLR) has said it will close one of its plants in the West Midlands after 2014 in a cost-cutting move that follows deep financial losses that have hurt Tata Motors' bottom line.
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Jaguar Land Rover (JLR) has said it will close one of its plants in the West Midlands after 2014 in a cost-cutting move that follows deep financial losses that have hurt Tata Motors' bottom line.
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New, sporty-looking supermini MPV snapped with rear-opening 'suicide doors'.
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General Motors India and Reva Electric Car Company on Thursday said they had signed an agreement to cooperate on developing EVs for sale in India.
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BARRIE, ON, - In 1984, Toyota's revolutionary first Toyota 4Runner sport utility vehicle (SUV) was launched, based on the mechanics of the four-wheel-drive Toyota pickup truck, combined with the versatility and go-anywhere ability with comfort and utility. Twenty-five years and four generations later, the 4Runner remains close to its roots. To date, more than 103,225 Canadians have purchased the 4Runner and discovered both on- and off-road adventure.
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The scene looked like something out of a big-screen political thriller: a line of black Mercedes sedans pouring from the front of a boat and quickly dispersing into downtown Toronto traffic. Tires squealed and engines revved as the dignitaries were whisked away-- and those nearby stopped and wondered what sort of happening warranted the surprise Benz-parade.
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Spaniard Fernando Alonso revealed on Thursday he has made his mind up about his employer for the 2010 season, but not yet signed a contract with that team.
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Alex Tagliani's new IndyCar team Fazzt Race Team has launched its web site. Preparations for the 2010 season are progressing smoothly, Tagliani says.
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In preparation for a full championship effort in 2010, RSR has entered the Jaguar XKR GT2 in the American Le Mans Series' famed event the Petit Le Mans with the intention to introduce the car and utilize the track time for testing and development.
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(Seoul, Korea) Hyundai Motor Company's all-new Sonata, being introduced today, is expected to shake up the world's mid-size sedan market with its daring design.
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The T-Rex has been through a lot since our last encounter with it, which was back in the fall of 2007. The manufacturer, called T-Rex Vehicles, went bankrupt a few months later and closed its doors. But today that's all changed.
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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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