Ricardo has announced the results of simulation studies carried out by a consortium including Ricardo UK Ltd, Jaguar-Land Rover, E.ON and Amberjac Projects. The research shows that a substantial medium-term rise in the number of electric and plug-in hybrid vehicles would have a much lower impact on the UK national power grid than has previously been estimated.
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Cummins has posted a 96% plunge in Q1 earnings on restructuring charges and the impact of the recession on markets for its diesel engines.
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Chrysler plans to close eight U.S. plants by December 2010, including five assembly operations, according to documents filed in U.S. Bankruptcy Court in New York. But Chrysler expects its pending alliance with Fiat S.p.A.
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American Axle & Manufacturing Holdings has reported a first quarter net loss of US$32.1m on sales of US$402.4m.
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Chrysler LLC's fragile overseas operations are largely thrown into limbo by the carmaker's bankruptcy filing and alliance with the Italian automaker Fiat S.p.A.
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Nissan Motor Co. and Mitsubishi Motors Corp., the two Japanese automakers entwined in product-sharing partnerships with Chrysler LLC, face divergent fates after the U.S. company's bankruptcy filing.
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Chrysler's second-largest unsecured creditor is BBDO, Detroit, which is on the hook for $58.1 million, according to the automaker's bankruptcy filing.
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Ford, Honda and General Motors posted their smallest sales declines of the year in April, while Nissan and Toyota had their largest, as the U.S. industry improved from depressed levels of February and March. Total sales fell 34.
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Ford, Honda and General Motors posted their smallest sales declines of the year in April, while Nissan and Toyota had their largest, as the U.S. industry improved from depressed levels of February and March. Total sales fell 34.
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Ford, Honda and General Motors posted their smallest sales declines of the year in April, while Nissan and Toyota had their largest as the industry struggled to improve from depressed levels of February and March.
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Nissan, Toyota and Subaru posted their steepest sales declines of the year in April, possibly undermining analysts' predictions that industrywide demand would rise from the depressed levels of February and March. Ford Motor Co.
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Ford Motor Co.'s U.S. light-vehicle sales fell 31 percent in April, its smallest decline this year, as analysts predicted that industrwide demand would rise from the depressed levels of February and March.
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Stoneridge has today announced net sales of US$121.1m and a net loss of US$11.6m for the first quarter.
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Bankrupt automaker Chrysler LLC idled its manufacturing plants on Friday, its lawyer Corinne Ball said during the company's first court hearing.
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Peter Leger is out as CEO of auto supplier MSX International Inc., the company said today.
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Here in Britain, we get a national holiday on Monday, 4th May.
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The plight of the automotive industry has dominated not only the business pages of the world's newspapers but also the front pages to such an extent recently, you'd think its performance was the sole barometer for economic recovery. This week Chrysler, GM, Fiat, Honda, Renault grab the headlines.
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The government of Belgium's northern Flanders region has made a new offer to GM to save the company's Opel plant in Antwerp.
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BMW-owned Mini is appealing to Britons' sense of patriotism and urging British buyers to use the scrappage incentive to opt for British-built Minis and help the UK economy.
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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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