New-car registrations in Germany rose again in July, up almost 30% over the same month last year to nearly 340,000 units as motorists continued to take advantage of government incentives to scrap old cars and buy new ones.
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ArvinMeritor Inc. reported its fourth-straight quarterly loss today, but the company made progress in its goal to become solely a commercial truck supplier after divesting its wheels business.
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General Motors Co.'s new board of directors made no recommendation in favor of one of the two rival bidders for Opel, the company said on Tuesday.
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Though we weren't at the very first SEMA show 42 years ago at the National Guard Armory in Los Angeles, the inaugural SEMA Cares Show and Shine last weekend must have been a lot like that first show four decades ago.
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TRW Automotive Holdings Corp. posted a quarterly loss on Tuesday due to production cuts at automaker customers, but said it is confident the industry has hit bottom and it is starting to recover.
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TRW Automotive Holdings Corp. posted a quarterly loss on Tuesday due to production cuts at automaker customers, but said it is confident the industry has hit bottom and its starting to recover.
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TRW Automotive Holdings Corp. posted a quarterly loss today due to production cuts at automaker customers, but said it is confident the industry has hit bottom and its starting to recover.
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President Barack Obama will lobby Senate Democrats to extend the federal government's 'cash for clunkers' CARS programme at a lunch meeting today as a national dealers group warned members to now avoid the scheme until its future is certain.
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Edscha AG's convertible roof systems business will be taken over by rival German supplier Webasto AG in a deal that will secure 1,200 European jobs, Edscha said on Tuesday.
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Edscha AG's convertible roof systems business will be taken over by rival German supplier Webasto AG in a deal that will secure 1,200 European jobs, Edscha said on Tuesday.
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New-car registrations in Germany rose 29.5 percent in July to nearly 340,000 units as motorists continued to cash in on government incentives to junk old cars and buy new ones.
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New-car registrations in Germany rose 29.5 percent in July to nearly 340,000 units as motorists continued to cash in on government incentives to junk old cars and buy new ones.
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BHP Billiton Ltd., the world's largest miner, named veteran former Ford Motor Co. CEO Jac Nasser as its new chairman, following an 18-month selection process.
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There was better than expected news from Toyota Motor today as it said its annual loss would be smaller than forecast earlier thanks to deeper cost cuts and worldwide measures to boost slow car sales. But it remained cautious about sustained recovery.
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Alfa Romeo will return to the US market after 15 years with the new Giulia saloon, the 159 replacement, CEO Sergio Cravero said in Turin.
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South Korean police have begun to enter Ssangyong Motor's Pyeongtaek plant to remove workers who have occupied the factory for more than two months and paralysed output.
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Boosted by a week of the US government's 'cash for clunkers' CARS scheme to get old gas guzzlers off the road, and their owners into new vehicle showrooms, July saw US light vehicle sales slump by only 12.1% to 995,402 units - and one of the Detroit Three even post a rise.
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Boosted by a week of the US government's 'cash for clunkers' CARS scheme to get old gas guzzlers off the road, and their owners into new vehicle showrooms, July saw US light vehicle sales slump by only 12.1% to 995,402 units - and one of the Detroit Three even post a rise.
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General Motors Co. hopes to recommend a new owner for Opel shortly, the company said on Tuesday.
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General Motors Co. hopes to recommend a new owner for its Opel unit shortly, the company said on Tuesday.
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