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Apr
27th

CHINA: Chery cautious on consumer finance rollout

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Although Chery Auto has recently received government regulatory approval for a finance arm, the firm has said it will proceed cautiously and not offer widespread finance before 2010. Full story...
Apr
27th

ITALY: Fiat temporarily closing two car lines

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Fiat Automobiles plans temporary closures of the Alfa Mito and Fiat Multipla assembly lines at its Mirafiori, Turin plant, a company source has said. Full story...
Apr
27th

Bugatti unleashes four-door Veyron

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Royale shares coupé’s vast W16 engine, whilst mixing huge pace with more space and luxury


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Apr
27th

Tough Decision:

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This morning, General Motors announced that it has killed its Pontiac line. Reactions in the office range from “Good riddance” to “Bummer, Pontiac had some good stuff. Full story...
Apr
27th

US: Opel talks to continue into May

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General Motors is expecting that talks with potential investors in its European Opel/Vauxhall unit will continue into May. Full story...
Apr
27th

GM nameplates shrinking from 47 to 34

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As General Motors ends production of Pontiac, Saturn, Saab and Hummer vehicles, the number of nameplates will shrink to 34 from 47, GM CEO Fritz Henderson said today. Full story...
Apr
27th

Mitsubishi targets profit despite continuing sales slump

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Mitsubishi Motors Corp. sees its U.S. and global sales falling again this year but says aggressive cost cutting will return it to a profit in the fiscal year that just started. U.S. sales are seen tumbling 29. Full story...
Apr
27th

CANADA: GM restructuring also to be “faster and deeper”

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General Motors Canada on Monday said its restructuring plan would move "faster and deeper" along similar lines to that outlined for the US today. Full story...
Apr
27th

Chrysler CEO: Daimler working with Cerberus on stake

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DETROIT (Reuters) - Chrysler LLC CEO Bob Nardelli said on Monday that Daimler AG is working with Cerberus Capital Management to divest Daimler's 19.9 percent stake in the struggling U.S. automaker. Full story...
Apr
27th

Review: 2009 Maserati Quattroporte Sport GT S

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Review: 2009 Maserati Quattroporte Sport GT S
2009 Maserati Quattroporte Sport GT S - Maserati Luxury Sedan Review - Automobile Magazine
The Sport GT S - Maserati's most driver-focused Quattroporte yet - combines all of the best features that have trickled into the gorgeous Italian four-door since it launched more than five years ago.

Let's get the negatives out of the way first. The steering on the Maserati Quattroporte Sport GT S is slightly numb on center, the brakes have an eerie dead spot before they bite, the ride quality is brittle on broken pavement, and the shift paddles feel cheap. And to that, we have to say, "Who cares?" There are too many other things to love about the Quattroporte.


Photo Gallery: 2009 Maserati Quattroporte Sport GT S - Maserati Luxury Sedan Review - Automobile Magazine


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Apr
27th

GM CEO says Opel talks will continue until May

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General Motors expects to continue talks with potential investors for its Opel/Vauxhall unit through early May, CEO Fritz Henderson said today. Henderson said GM is still talking with several potential investors in the brands. Full story...
Apr
27th

Opel talks will continue until May, Henderson says

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General Motors expects to continue talks with potential investors for its Opel/Vauxhall unit through early May, CEO Fritz Henderson said today. Henderson said GM is still talking with several potential investors in the brands. Full story...
Apr
27th

Opel talks will continue until May, Henderson says

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General Motors expects to continue talks with potential investors for its Opel/Vauxhall unit through early May, CEO Fritz Henderson said today. Henderson said GM is still talking with several potential investors in the brands. Full story...
Apr
27th

RESEARCH: Market projections for EVs and hybrids

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Electrical propulsion for vehicles and the rate at which it could displace the burning of fossil fuels remains a question subject to large uncertainties. In a new report exclusively produced for just-auto, John Voelcker assesses the outlook for hybrids and electric-drive vehicles out to 2015. In this extract from the published report he considers the issues surrounding volume projections. Full story...
Apr
27th

GM accelerates Saturn shutdown to this year

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General Motors plans to build the last Saturn vehicles this year, two years earlier than first envisioned, as it speeds up efforts to shed dealerships and divisions, CEO Fritz Henderson said today. Full story...
Apr
27th

White House task force welcomes GM bond exchange

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President Barack Obama's automakers task force today welcomed plans by General Motors for a bond exchange aimed at reducing the company's debt. Full story...
Apr
27th

GM launches last ditch bond exchange offer

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General Motors launched a last ditch effort to reduce its debt, offering to exchange about $27 billion of its notes for common stock to cut costs. Full story...
Apr
27th

SAFT CEO: U.S. and European gov’ts have a big role to play in electric cars

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Times may be tough for automotive suppliers, but not everyone's feeling the pain. French battery producer SAFT had a strong year in 2008, growing sales 4.9 percent, to 609 million euros. SAFT is starting to reap the rewards of a joint venture with U. Full story...
Apr
27th

US: Edmunds forecasts April market SAAR uptick

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Edmunds is forecasting that this month's US new vehicle market sales (including fleet sales) will hit 859,000 units, a 30.8% from April 2008. However, it also says that the seasonally adjusted annualised selling rate (SAAR) will rise to 10m units. Full story...
Apr
27th

BMW, Mercedes consider return to 4-bangers in U.S. market:

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Facing stricter fuel economy standards, BMW and Mercedes-Benz are considering bringing four-cylinder engines back to the United States. Full story...
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