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Jul
13th

Ford objects to Visteon’s $80 million bonus plan

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Ford Motor Co. says former parts subsidiary Visteon Corp. has proposed an employee incentive program that is "entirely too rich given current market and economic conditions," adding bankrupt Visteon's employees should be happy still to have jobs. Full story...
Jul
13th

Ford calls Visteon incentive program ‘entirely too rich’

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Ford Motor Co. says former parts subsidiary Visteon Corp. has proposed an employee incentive program that is "entirely too rich given current market and economic conditions," adding bankrupt Visteon's employees should be happy still to have jobs. Full story...
Jul
13th

Ford calls Visteon incentive program ‘too rich’

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Ford Motor Co. says former parts subsidiary Visteon Corp. has proposed an employee incentive program that is "entirely too rich given current market and economic conditions," adding bankrupt Visteon's employees should be happy still to have jobs. Full story...
Jul
13th

Pontiac G8 may get a second life as the Chevrolet Caprice, Lutz says:

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The Pontiac G8 may get a new life as the Chevrolet Caprice. Full story...
Jul
13th

SOUTH KOREA: Kia June, H1, sales up

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Kia Motors Corporation global sales rose 22.4% year on year to 158,394 units in June. Full story...
Jul
13th

GM may revive Chevy Caprice with rebadged Pontiac G8

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General Motors is considering a plan to save the Pontiac G8 sedan from extinction by making it the next Chevrolet Caprice sedan, says a source familiar with GM's product planning. Full story...
Jul
13th

SOUTH KOREA: Police ready to evict fired Ssangyong workers

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Tension is mounting again at the Ssangyong Motor plant in Pyeongtaek, Gyeonggi Province, as police gear up to use force to disperse hundreds of laid-off union workers who have occupied the factory for about 50 days. Full story...
Jul
13th

GM gets court approval to buy Delphi assets

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A U.S. bankruptcy judge today gave General Motors permission to buy several assets of bankrupt auto parts supplier Delphi Corp. as part of a deal with a private equity firm that could take Delphi out of bankruptcy. Full story...
Jul
13th

US: Firms accused over cheap brake parts

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A US-based parts firm is suing two importers alleging that their imported Chinese-made brake parts are potentially hazardous to drivers. Full story...
Jul
13th

CHINA: VW H1 sales surge 23%

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Volkswagen sales in China and Hong Kong jumped 22.7% year on year in the first half of 2009, benefiting from a revival in the world's third-biggest economy. Full story...
Jul
13th

GERMANY: Ford Europe H1 sales off 16.3%

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Ford of Europe's sales in 51 markets fell 16.3% to 840,400 vehicles in the first half of 2009. Full story...
Jul
13th

Hyundai Santa Fe

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Face-lifted SUV seen in testing


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Jul
13th

JAPAN: Battery maker raising Li-Ion development funds

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GS Yuasa on Monday said it planned to issue new shares to raise up to JPY36.7bn (US$397m) to invest in lithium-ion battery development. Full story...
Jul
13th

GERMANY: Feuding must stop before Qatar invests in Porsche – paper

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Qatar will buy into Porsche only on condition that the families of Porsche and Piech put an end to their months-lasting feud, Financial Times Deutschland reported on Monday, citing insiders. Full story...
Jul
13th

GERMANY: Daimler slices Tesla stake with investor

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Daimler's new major shareholder Aabar Investments of Abu Dhabi has bought 40% of the German firm's circa-10% stake in Tesla Motors and promised more joint ventures. Full story...
Jul
13th

Kia Sportage

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Latest spy shots of Kia's upcoming SUV


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Jul
13th

RUSSIA: GAZ agrees debt restructure

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GAZ Group has agreed terms for debt restructuring with a committee of creditors, business daily Vedomosti reported on Monday, citing Valery Lukin, CEO of Russkiye Mashiny [Russian Machines], which holds 60% of GAZ. Full story...
Jul
13th

Questions and Answers about cash for guzzlers

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The National Highway Traffic Safety Administration is formulating rules for the cash-for-guzzlers program, formally known as the Car Allowance Rebate System Initiative. Here in Q-and-A format are some of the knowns, and unknowns, about the program. Full story...
Jul
13th

FEATURE: Jaguar sets course for exclusivity

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When Jaguar executives rolled out the new flagship model - the XJ - at London's Saatchi Gallery last week, something was glaringly absent when the Jaguar range was described to the assembled journalists, writes Dave Leggett Full story...
Jul
13th

EU plans to sign $100B Korea trade pact in ’09

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The European Union plans to finalize a $100 billion trade pact with South Korea by the end of the year, the prime minister of EU president Sweden said on Monday. The plan is unpopular with European automakers. Full story...
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