Ford Motor Co. will keep its costs competitive with its two domestic rivals, which are going through federally supervised restructuring, CEO Alan Mulally says.
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Chrysler lenders today offered to cut the $6.9 billion that the car maker owes them down to $3.75 billion, moving them closer to the Treasury Department's offer, people familiar with the negotiations said.
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Chrysler LLC's senior lenders and the U.S. Treasury Department remain far apart in talks to cut Chrysler's debt, despite a second proposal from each side.
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Aston Martins ultra-limited One-77 concept is set to be unveiled in the at the Concorso dEleganza event in Italy this weekend.
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The Obama administration is exploring ways to expand financing to car dealers, the head of the National Automobile Dealers Association said today.
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Ford Motor Co. is counting on the launch of the redesigned Fiesta to round out its lineup and boost sales in China, where Ford is playing catch-up. Ford sold 160,000 cars in China last year, down 6.5 percent in a market that grew 6.9 percent overall.
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Roaring up your driveway in a Porsche Cayenne, Panamera or 911 Turbo doesn't exactly telegraph burning concern about the environment.
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General Motors is preparing to announce early next week that the Pontiac brand will be eliminated, said a source familiar with the company's plans.
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In today's News Brake: A grand new Corvette is coming; NASCAR heads for Vegas for awards; and Aston Martin is attacking the Nürburgring...But Wait, There's More!
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General Motors is preparing to announce early next week that the Pontiac brand will be eliminated, said a source familiar with the company's plans. The announcement will be made as part of an updated viability plan to the U.S.
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General Motors is preparing to announce early next week that the Pontiac brand will be eliminated, said a source familiar with the company's plans. The announcement will be made as part of an updated viability plan to the U.S.
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The U.S. Treasury has given General Motors another $2 billion loan for working capital but has not provided new working capital funds to Chrysler LLC, a transaction report for the Treasury's Troubled Asset Relief Program showed today.
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The U.S. Treasury has given General Motors another $2 billion loan for working capital but has not provided new working capital funds to Chrysler LLC, a transaction report for the Treasury's Troubled Asset Relief Program showed today.
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Lexus announced pricing for two of its spotlight vehicles for 2010, the RX 450h hybrid ute and the IS convertible.
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The legendary Grand Sport name is being revived for the 2010 Corvette, Chevrolet said on Friday.
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The legendary Grand Sport name is being revived for the 2010 Corvette, Chevrolet said on Friday.
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American firm creates fibreglass replica of original 300SL, but with modern mechanicals
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A Brazilian media report says that Chinese automaker Chery Automobile intends to build a factory in Brazil with a start date for production of 2011.
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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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