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Jun
17th

German minister: Opel remains insolvency risk

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Opel could still face insolvency despite a preliminary deal the German government struck to rescue General Motors' European unit, German Economy Minister Karl-Theodor zu Guttenberg said on Tuesday. Full story...
Jun
17th

New auto company planned for former GM plant in Louisiana

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A new auto company backed by Texas billionaire investor T. Boone Pickens and staffed by former Mazda design chief Tom Matano plans to build "environmentally friendly" vehicles in Louisiana. V-Vehicle Co. Full story...
Jun
17th

Metaldyne selling powertrain assets to equity firm

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Metaldyne Corp. has agreed to sell parts of its powertrain business and many of its foreign subsidiaries to private equity firm RHJ International, the supplier said today. Full story...
Jun
17th

Louisiana expected to announce auto venture today

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A startup company plans to open an auto assembly operation in an abandoned Guide Corp. plant in northern Louisiana, local news reports say. Full story...
Jun
17th

German minister: Opel remains insolvency risk

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Opel could still face insolvency despite a preliminary deal the German government struck to rescue General Motors' European unit, German Economy Minister Karl-Theodor zu Guttenberg said on Tuesday. Full story...
Jun
17th

German minister says Opel insolvency remains a possibilty

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Opel could still face insolvency despite a preliminary deal the German government struck to rescue General Motors' European unit, German Economy Minister Karl-Theodor zu Guttenberg said on Tuesday. Full story...
Jun
17th

Magna wants ‘firewall’ between parts, automaking, co-CEO says

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Magna International is addressing several issues in completing the acquisition of General Motors' Opel brand including a clear barrier between the parts and car companies, Magna co-CEO Donald Walker said on Tuesday. Full story...
Jun
17th

“Old Man” Guy Giroux wins again on BMW G450X

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This weekend was round 3 of the FMSQ series (Quebec off-road rider association), with a stop in Ferme-Neuve in the north part of the Laurentians. Every year this race is one of the most technical, with everything in there, MX track, fast rocky section, roots, up-hills, rocky downhill, etc. And finally the weather was looking good for a clean weekend!! Full story...
Jun
17th

2009 Parts Canada Superbike races – round 2

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Mirabel, Quebec - The Deeley Racing/Ruthless Racing Inc. team -powered by Buell had another constructive and rewarding outing at the Moto Journal ICAR Parts Canada Superbike races this past weekend. Racing for the first time on the converted site, the event was blessed with excellent weather, which attracted a big crowd to the track. Full story...
Jun
17th

Chrysler Group LLC Announces Production Start at Seven North American Assembly Plants

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Auburn Hills, Mich. - One week after finalizing its global strategic alliance with Fiat Group, Chrysler Group LLC announced today that it will resume volume production of vehicles with the start up of seven of its North American assembly plants the week of June 29, 2009. Full story...
Jun
17th

The glass roof of the Mustang Convertible protects from harmful rays

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The 2010 Mustang builds on the safety success of the 2008 Mustang, which became the first sports car and the first convertible to earn five-stars from the National Highway Traffic Safety Administration (NHTSA) for frontal crash, side impact and rollover tests. Full story...
Jun
17th

F1: Max Mosley does not simply agree to FOTA compromise

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Formula 1's crisis is creeping awkwardly towards a compromise, after the FOTA rebels wrote a letter to FIA president Max Mosley. However, Mosley does not agree with everything the FOTA says in the letter... Full story...
Jun
17th

A land speed record for Jesse James

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Jesse James successfully shattered the land speed record for a hydrogen powered vehicle yesterday in the Mojave Desert. James attempted the challenge while filming his hit television show "Jesse James Is A Dead Man" which premiered May 30, 2009. The show was filmed yesterday and will air as the season one finale of "Jesse James Is A Dead Man" premiering on Sunday, August 9 (10:00 PM, ET/PT) on Spike TV. Full story...
Jun
17th

MINI Celebrates 50th Anniversary in Montreal

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This year marks MINI's 50th birthday. The first model of the British cult car rolled off the production line 50 years ago this August, and this is an occasion worth celebrating. On Friday, June 19, MINI and the Crescent Street Merchant Association in Montreal are joining forces to celebrate both MINI's and the street's 50 years of success. Full story...
Jun
17th

First Public Hydrogen Filling Station for Emission-Free Mobility of the Future

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On the site of the OMV service station at Stuttgart Airport, OMV in cooperation with Linde AG and Daimler AG will be opening Baden-Württemberg's first publicly accessible hydrogen filling station on June 17, 2009. Full story...
Jun
17th

F1: Lola F1 Team Ltd withdraws its application to enter Formula One

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British race car manufacturer Lola Group has issued an important press release on Wednesday morning that will hugely disappoint FIA's president Max Mosley who wanted to attract new teams with the implementation of the infamous budget cap. Full story...
Jun
17th

BMW Group wins in the three categories of the International Engine of the Year Award

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Engine of the Year Award 2009: Triple Victory with Four, Six and Eight Cylinders. BMW Group Continues Story of Success in the World's Most Significant Engine Contest. Full story...
Jun
17th

F1: Team association offers compromise to end Formula 1 crisis

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It emerged on Wednesday that Formula 1's rebel FOTA teams have moved to end the standoff with the FIA by devising a final offer of compromise. Full story...
Jun
17th

F1: Jarno Trulli does not want to retire

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As David Coulthard retired and Rubens Barrichello's future looked shaky over the winter off-season, Jarno Trulli nearly sped onto the front row as one of the oldest drivers in formula one. Full story...
Jun
17th

NASCAR: Tire issues resolved for Brickyard 400

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Last year's NASCAR Sprint Cup event of the Brickyard 400 at Indianapolis was hampered by excessive tyre wear issues and it looks as though Goodyear has found the solution and resolved those problems in time for the upcoming presentation. Full story...
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