Steel and alloy wheel supplier Hayes Lemmerz International has filed for Chapter 11 bankruptcy protection after agreeing a pre-negotiated restructure with its lenders.
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GAZ has confirmed its interest in participating in a consortium involving Magna in a possible bid for GM's Opel operations.
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The collapse of the Russian car market worsened in April with sales of new vehicles falling 53 percent year-on-year, compared with a 47 percent fall in March, a leading business association said on Tuesday.
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Menacing black prototype for hot Golf-based coupe caught at the 'ring ahead of imminent launch
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Ford of Europe hopes that new scrapping incentives in the U.K. will help end the automaker's sales slump in its No. 1 European market and turn around its overall sales in the region.
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Ford of Europe hopes that new scrapping incentives in the U.K. will help end the automaker's sales slump in its No. 1 European market and turn around its overall sales in the region.
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AutoWeek editor and associate publisher Dutch Mandel and executive editor Wes Raynal interview GM CEO Fritz Henderson. Topics include Corvette, the future of the company's brands and much more. Watch it all here.
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Fiat's plan to combine Chrysler with Opel is unhealthy, according to Volkswagen chairman Ferdinand Piech.
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Porsche SE must trim debt before the sports-car maker can be incorporated into the Volkswagen AG structure as part of steps to combine the two automakers, Volkswagen chairman Ferdinand Piech said.
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PSA/Peugeot-Citroen wants to boost production at its factory in Trnava, Slovakia, to keep up with strong demand for the new Citroen C3 Picasso small minivan.
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European Union officials have called for "coordinated action and full respect" of EU state aid and internal market rules as General Motors' European units are restructured.
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German financial markets watchdog BaFin is investigating a possible market manipulation by Porsche Automobil Holding SE as it attempted to take over Volkswagen AG, the organization said on Tuesday.
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ACEA expects European new-car sales will fall by at least 25 percent in 2009 to about 11 million units. That decline is much higher than the European car manufacturers association's earlier forecast of 10 percent to 15 percent.
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ACEA expects European new-car sales will fall by at least 25 percent in 2009 to about 11 million units. That decline is much higher than the European car manufacturers association's earlier forecast of 10 percent to 15 percent.
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Nissan Motor on Tuesday said it would build electric vehicles (EV) at its Oppama plant in Kanagawa prefecture from autumn 2010.
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Suzuki Motor has booked a fourth fiscal quarter operating profit down 68% year on year to JPY10.45bn (US$106m) but nonetheless beat analysts' estimates.
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Spain will boost aid for car purchases to 2,000 euros for vehicles costing up to 30,000 euros, with half of the money coming from car manufacturers, Prime Minister Jose Luis Rodriguez Zapatero said on Tuesday
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Mercedes-Benz says the new E-Class is equipped with a new innovation that means it is the first car in the world where the headlamps continuously adjust to the respective traffic situation.
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A one-off non-cash gain of US$95m related to the deconsolidation of net assets associated with the administration [bankruptcy] of Visteon UK boosted Visteon Corporation's first quarter 2009 net income to $2m, or 2 cents per share, on sales of $1.35bn.
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It's a bit like one of those teenage parties when the breathing is getting dangerously heavy and someone switches the lights out.
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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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