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Apr
27th

Chinese Grand Prix

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Sebastian Vettel fights through the rain to score Red Bull's debut win.


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Apr
27th

Qatar plans to buy stake in Porsche, says report

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The Emir of Qatar plans to buy a stake in Porsche, possibly shoring up the German sports-car maker's strained finances, a German magazine reported. Full story...
Apr
27th

Report: Opel plants safe if Fiat takes stake

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Opel's German factories would keep operating and the General Motors subsidiary would not be burdened with Fiat's large debt if the rival European automakers form a partnership, the online version of German news magazine Der Spiegel reported... Full story...
Apr
27th

Report: Opel plants in Germany safe if Fiat takes stake

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Opel's German factories would keep operating and the General Motors subsidiary would not be burdened with Fiat's large debt if the rival European automakers form a partnership, the online version of German news magazine Der Spiegel reported... Full story...
Apr
27th

Fiat: Ch. 11 wouldn’t kill alliance

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Fiat wants to forge an alliance with Chrysler LLC even if the company is forced into Chapter 11, according to a source familiar with the matter. Full story...
Apr
27th

Toyota stockpiles parts as a precaution

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Toyota Motor Corp.'s North American auto plants are warehousing key parts to safeguard against supply chain interruptions caused by supplier failures. Full story...
Apr
27th

Long GM shutdowns could cripple suppliers

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A nine-week summer shutdown at most of General Motors' North American plants could bankrupt as many as 10 percent of GM's top 300 parts makers, says a source familiar with GM's thinking. Full story...
Apr
27th

For dealers, loans get personal

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Cautious lenders have raised the stakes for dealers if General Motors or Chrysler LLC files for bankruptcy: At risk are the personal assets of many dealers. Lenders that provide inventory credit lines have required more than half of U.S. Full story...
Apr
27th

Even in tough times, innovation sets PACE

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Jim Brodie struck a theme that was repeated often during a black-tie ceremony presenting the 2009 Automotive News PACE Awards on Monday, April 20. Full story...
Apr
27th

VW chief set for new era in North America

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Volkswagen is preparing to choose suppliers for the mid-sized sedan it will produce at a factory under construction in Chattanooga, Tenn., said Stefan Jacoby, CEO of Volkswagen Group of America Inc. Full story...
Apr
27th

In a bankruptcy, GM would protect Buick brand, China unit

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General Motors' profitable Chinese unit, and the Buick brand it relies on, would be protected if the automaker files for bankruptcy, a senior executive says. Full story...
Apr
27th

Ford EcoBoost pitch: Not V-8, but still great

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Mike Crowley will be battling history as he tries to sell Ford's new EcoBoost engine. His job: Persuade consumers to pay extra for an optional engine that's no bigger than the standard engine. Full story...
Apr
27th

Top Suzuki dealer sunk by floorplan

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It has been a tough year for Huntsville, Ala., dealer Gary Linam. Since January, Linam has closed two Suzuki dealerships and one Hyundai dealership. He also surrendered new- and used-vehicle inventory to two finance companies. Full story...
Apr
27th

Sonic boom: Group will sell 20% of its stores

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Sonic Automotive Inc. plans to sell 33 of its 164 dealerships and use the proceeds to reduce its debt. CFO David Cosper said in an interview that Sonic typically disposes of 12 to 15 stores in a year. Full story...
Apr
27th

Chrysler, UAW reach agreement, boosting prospects for Fiat alliance

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Chrysler and the UAW agreed to revised labor terms that may help the automaker forge an alliance with Fiat S.p.A. and qualify for additional U.S. rescue loans. Full story...
Apr
27th

PACE awards go to 13 innovators

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Automotive News and co-sponsors Ernst and Young and the Transportation Research Center Inc. honored winners of the 2009 Automotive News PACE Awards on Monday, April 20. Full story...
Apr
27th

U.S. Treasury to make new Chrysler debt offer, say sources

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The U.S. Treasury is expected to make a new debt restructuring offer to Chrysler's first-lien lenders as soon as Monday in the wake of cost-cutting deals the struggling automaker won with unions, people briefed on the negotiations said on Sunday. Full story...
Apr
27th

BMW, M-B: Return to 4-bangers in U.S.?

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Facing stricter fuel economy standards, BMW and Mercedes-Benz are considering bringing four-cylinder engines back to the United States. BMW stopped offering four-cylinders in 1999 when its 318ti hatchback flopped. Full story...
Apr
27th

Fisker, Tesla differ on store strategy

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Rival green carmakers Fisker Automotive and Tesla Motors have gone in opposite directions to sell their vehicles. Tesla is trying factory-run dealerships it likens to Apple computer stores. Full story...
Apr
27th

NASCAR: Rookie Brad Keselowski wins at Talladega

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Rookie [link artid="106524"]Brad Keselowski[/link] (Chevy No 09) won his first ever Sprint Cup race at 19 years old in a very spectacular way. Full story...
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