Chrysler on Thursday afternoon (BST) said it had asked the US bankruptcy court for clearance to axe 798 US dealers and had also filed a list of US dealers whose agreements would "be assigned to the buyer of its business assets".
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This car is definitely one in a million! BMW has hit a production milestone - a Z4 M Roadster (image) is the millionth motor to roll off its US factory line.
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In a subtle indicator that some parts of the vehicle market are slowly beginning to recover, auction prices rose in April for trucks and minivans over 2008, though cars remain behind last years pace.
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GAZ Group has struck a deal over its debt restructuring with some of its lenders, according to local reports.
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BMW reveals new M3 power output
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First we showed you spy shots, then the concept - now feast your eyes on the real deal.
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Auto suppliers will need cash infusions of $17 billion to $33.5 billion over the next two to four years to avoid a wave of bankruptcies, according to an A.T. Kearney Inc. study released today.
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Staff at Fiat's Termini Imerese plant in Sicily stopped work and blocked a road on Thursday in protest at reports the factory would close if the automaker merged with Chrysler and General Motors Europe to create the world's second-biggest carmaker.
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Kia's new car sales in western Europe increased "significantly" in April, with major improvements in eight countries, the company has said.
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The German government wants more detailed concepts in the next week from the two rival groups interested in investing in Opel, economy minister Karl-Theodor zu Guttenberg was cited as saying today (14 May).
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Toyota Motor Europe (TME) is to lease around 150 units of its plug-in hybrid vehicle (PHV) to selected fleet customers across Europe in the next step towards commercialisation of the project.
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What a difference a year makes. For much of last year Russia's economy was riding very high on the back of a boom in energy prices. But that boom waned and hopes for immunity from the international financial crisis were dashed, too. Russia's stock market collapsed by more than 70% in 2008. From late last year, the car market fell away sharply also.
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What a difference a year makes. For much of last year Russia's economy was riding very high on the back of a boom in energy prices. But that boom waned and hopes for immunity from the international financial crisis were dashed, too. Russia's stock market collapsed by more than 70% in 2008. From late last year, the car market fell away sharply also.
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Volkswagen's plans to build and open a plant in Chattanooga, Tennessee, by 2011 have not been put on hold, according to a company executive.
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Exclusive images in this week's mag show the car that's set to B the final solution to Ford's supermini-MPV problem! It's the stunning replacement for the slow-selling Fusion - and it's called the Fiesta B-MAX.
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Volkswagen's Spanish subsidiary Seat hopes that new product launches in the coming years will make it less reliant on the Ibiza subcompact.
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Ford Motor Co.'s restructuring is on track to be completed without seeking emergency government bridge loans and to bring a profit as soon as 2011, executives told stockholders today.
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Ford Motor Co.'s restructuring is on track to be completed without seeking emergency government bridge loans and to bring a profit as soon as 2011, executives told stockholders today.
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Ford Motor Co. executives face stockholders today to detail the automaker's plans to complete a turnaround without resorting to U.S. government help and steer clear of the industry collapse now swallowing rivals General Motors and Chrysler LLC.
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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
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