American Suzuki Motor has launched its first in house-developed mid-size sedan - the 2010 Kizashi, also the company's first entry into the all-wheel-drive sport sedan segment.
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First compact hatchback from Japanese company set to debut at Frankfurt show
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Isn't it weird? After a decade of trying, the brand collectors have become thoroughly disheartened. Ford spins out Jaguar, Land-Rover, Mazda and Aston Martin and tries its best to bin Volvo. GM shuts brands, sells brands and tries its best to bin Saab, Vauxhall and Opel. Daimler gets rid of Chrysler Jeep and Dodge to a gullible hedge fund.
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Isn't it weird? After a decade of trying, the brand collectors have become thoroughly disheartened. Ford spins out Jaguar, Land-Rover, Mazda and Aston Martin and tries its best to bin Volvo. GM shuts brands, sells brands and tries its best to bin Saab, Vauxhall and Opel. Daimler gets rid of Chrysler Jeep and Dodge to a gullible hedge fund.
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Suzuki will remain in a joint venture with General Motors even though it has indefintely halted output at the Canadian (CAMI) plant this year, a senior executive said.
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AutoNation Inc., the largest U.S. dealership group, posted its third-straight quarterly profit while forecasting an improving U.S. vehicle market after slashing inventory costs and seeing a sharp rise in July sales.
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Delphi has won court approval to sell its assets to its lenders and General Motors and appears on track to to emerge from Chapter 11 bankruptcy after four years.
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First half sales at tyre maker Michelin fell 13.4% to EUR7.1bn.
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A British consumer group has claimed that some car makers have hiked prices, offsetting the benefits to buyers of the government's car scrappage scheme, and suggested some buyers may be better off avoiding the scheme altogether by buying a 'nearly-new' vehicle.
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A decision by GM on whether to sell a controlling stake in Opel and Vauxhall to parts maker Magna International or investment company RHJ International is still some way off, Opel Task Force member Thomas Schaefer told Reuters.
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Continental's embattled CEO Karl-Thomas Neumann is expected to be ousted at a supervisory board meeting on 12 August.
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Audi said on Friday that it now has cash reserves totaling more than EUR9.7bn (US$13.7bn), up from EUR9.3bn at the end of December.
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Toyota Motor is likely to report a lower loss for this business year than originally forecast, a Japanese broadcaster said.
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Audi's cash pile grew over the first half of the year, and now accounts for nearly 80 percent of parent Volkswagen's war chest. The premium carmaker said on Friday its net liquidity rose to more than 9.7 billion euros ($13.
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Audi's cash pile grew over the first half of the year, and now accounts for nearly 80 percent of parent Volkswagen's war chest. The premium carmaker said on Friday its net liquidity rose to more than 9.7 billion euros ($13.
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BMW set to introduce two new hybrids at Frankfurt Motor Show

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Continental AG's controlling shareholder Schaeffler Group has called for a divestment of the German car parts maker's Rubber Group again, several people familiar with the matter said.
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Continental AG's controlling shareholder Schaeffler Group has called for a divestment of the German car parts maker's Rubber Group again, several people familiar with the matter said.
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Continental AG's controlling shareholder Schaeffler Group has called for a divestment of the German car parts maker's Rubber Group again, several people familiar with the matter said.
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Nissan show teaser for its first fully electric vehicle

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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