The rush of automotive sales activity brought on by the "Cash for Clunkers" program is fading fast, according to Edmunds.com, whose latest study of car buyer behaviour indicates that automotive purchase intent is down 31 percent from its peak in late July.
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British team has hundred-year old steam-powered land speed record in its sights

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Toyota is reportedly planning to buy lithium-ion batteries for its hybrids from Sanyo Electric.
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Workers at Volkswagen's Puebla, Mexico, plant were due to go on strike later today (Wednesday, Aug 19) after rejecting a 1% salary increase and a one-off payment equivalent to US$425.
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British supercar maker fits 650bhp Volvo V8 to its latest £200,000 Ferrari-baiting hypercar

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In a further sign of improving prospects for sales in the US market, General Motors has announced that it is is increasing production at several North America assembly plants.
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Wind back five or six years: Pendragon was on a mission to do what had not been done properly anywhere in the world. It was going to be a mega successful car retailer as a result of being big, brave and clever.
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Hot new Leon promises race car looks... And performance.

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Convertible stunner from Mercedes spied testing ahead of Frankfurt debut.
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Convertible stunner from Mercedes spied testing ahead of Frankfurt debut.
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The 5:1 scale model of the car has appeared before on Fiat's International motor show stands around the world, but this latest version simulates the 'open-top' style of the 500C with a spectacular projection of the sky on to the inner lining of the car's roof.
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NASCAR stars Carl Edwards and Marcos Ambrose will team up in Montreal for the Grand-Am Rolex Sports Car Series presented by Crown Royal on August 29.
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On Wednesday, team McLaren director Martin Whitmarsh played down speculation about a driver change at McLaren for 2010, but at the same time admitted that Heikki Kovalainen needs to up his game.
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Automobili Lamborghini S.p.A. unveiled the limited edition Lamborghini Gallardo LP 550-2 Valentino Balboni for the first time in North America.
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GamesCom, Europe's largest trade fair for interactive games, opens today in Cologne, Germany, for the first time. More than 400 exhibitors will present the latest within the area of interactive entertainment electronics. Also present is Volvo S60 Concept - the star of Volvo's popular computer racing game "Volvo The Game" - now with over half a million users.
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First Canadian auto manufacturer to top-up all government car recycling and scrappage programs with first-ever auto incentive.
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Canadian race car drivers Jacques Villeneuve and Alexandre Tagliani experienced mixed fortunes when testing their Nationwide cars at Carolina Motorsport Park near Kershaw in preparation for the NASCAR NAPA Auto Parts 200.
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Brian Vickers gets contract extension with Team Red Bull following team's first NASCAR Sprint Cup win.
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British motor racing legend Nigel Mansell will return to the international motorsport arena next month, when he races a Ginetta-Zytek GZ09S in the Le Mans Series finale at Silverstone.
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Montreal, Quebec--After the launch of the Forte that replaced the exhausted Spectra, Kia is adding yet another new model to their ever-growing line-up. The Koup is a two-door version of the new sedan, but with some noticeable differences.
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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