Explosions, hooks and slides and the destruction of fluorescent light bulbs--all in the name of gaining attention for DC Shoes?
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At 8:15 a.m. on Monday, a General Motors executive gave hourly workers at its assembly plant in Pontiac the news they feared most: The plant would close by October, robbing most of them of their jobs.
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South Africa's automotive trade association NAAMSA has reported that South Africa vehicle sales in May declined 34.7% year-on-year to 25,819 units as the economic downturn continued to hit sales.
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In today's News Brake: Mini's new roadster concept is ready for Frankfurt, GM has a deal for Hummer, and the details on a very useful navigation unit...But Wait, There's More!
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Suzuki has warned it could lose hundreds of millions of dollars in loans to General Motors.
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Ford Motor Co. said U.S. sales fell 25.8 percent in May, its smallest monthly decline since July, as automakers waited to see how much the industry total may have been boosted by clearance sales at liquidating Chrysler dealerships.
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Ford Motor Co. and General Motors in May posted their smallest monthly sales declines since last summer, helping the overall U.S. industry improve again while Honda and Toyota dropped more than 40 percent. Overall sales fell 33.
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The participation agreements that surviving GM dealers sign will be used as a tool to reward dealer performance and weed out underperforming stores.
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Opel has confirmed today that it has received the first draw in the amount of EUR300m from the EUR1.5bn bridge financing agreement with the German government.
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GM's bankruptcy filing and the downturn in the global vehicle market will delay its plan to buy auto parts worth about US$1bn a year from India by 2010.
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General Motors may register for an initial public stock offering as early as the first quarter of 2010, GM CFO Ray Young said during a call with analysts this morning. Young said the majority new owner of a reorganized GM, the U.S.
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GM's South African arm has said it won't be affected by its parent's bankruptcy filing.
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Vehicle sales in India moderated in May according to figures released by car companies. Market leader Suzuki Maruti saw growth while other brands declined.
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Porsches board of management said Monday that it still favors a merger with Volkswagen and doesnt want to limit the potential deal to a specific time frame.
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GM China says it is still expanding despite its parent's woes in the US.
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Limited run of V8 coupes feature unique styling touches and lowered suspension

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Limited run of V8 coupes feature unique styling touches and lowered suspension

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Nissan's first production plant in Russia, the company's biggest European market, was officially opened today by CEO Carlos Ghosn and Prime Minister Vladimir Putin.
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Hummer finally appears to have found a home, and its with a Chinese industrial-equipment company.
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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