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Apr
17th

FEATURE: Antonov and the tale of the missing torque converter

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Antonov, the developer of a novel type of automatic transmission, is edging ever closer to series production of its transmissions, writes CSM analyst Chris Guile. Antonov nearly achieved this back in early 2005, when one of its designs was tantalisingly close to being approved by MG-Rover, but the subsequent collapse of MG-Rover put an end to that plan. Full story...
Apr
17th

Fiat chairman says carmaker not looking at Opel

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Fiat Chairman Luca Cordero de Montezemolo denied on Friday the Italian carmaker was looking at General Motors' German unit Opel. Full story...
Apr
17th

America’s Steed: The iconic Mustang turns 45:

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Few cars have the universal appeal of the Ford Mustang. Few have been as accessible yet alluring, attainable, yet powerful and still romantic. Full story...
Apr
17th

U.S. gov’t, Fiat to name Chrysler board on alliance

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Chrysler would cede control of its board and ultimately senior leadership if it completes a planned alliance with Italy's Fiat SpA, Chrysler CEO Bob Nardelli said. The U.S. Full story...
Apr
17th

U.S. gov’t, Fiat to name Chrysler board on alliance, Nardelli says

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Chrysler would cede control of its board and ultimately senior leadership if it completes a planned alliance with Italy's Fiat SpA, Chrysler CEO Bob Nardelli said. The U.S. Full story...
Apr
17th

GM CEO Henderson cancels trip to Shanghai auto show

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General Motors CEO Fritz Henderson has canceled his trip to next week's Shanghai auto show, a spokesman said on Friday. Full story...
Apr
17th

GM CEO Henderson cancels trip to Shanghai auto show

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General Motors CEO Fritz Henderson has cancelled his trip to next week's Shanghai auto show, a spokesman said on Friday. Full story...
Apr
17th

Volkswagen Q1 sales may overtake Toyota

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Volkswagen group may have overtaken Toyota Motor to become the world's top-selling carmaker in the first quarter, thanks to government incentives that fuelled demand in VW's major markets. Full story...
Apr
17th

Rattner linked to SEC probe of N.Y. kickbacks

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Steven Rattner, the leader of the Obama administration's auto task force, was one of the investment-firm executives involved with payments now under scrutiny in a state and federal investigation into an alleged kickback scheme at New York state's... Full story...
Apr
17th

Visteon offers deal to end UK strike; union balks

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Auto supplier Visteon Corp. has agreed to provide severance pay to former employees of its United Kingdom facilities in a proposal aimed at ending a dispute that has seen workers staging sit in strikes and picketing Ford Motor Co. Full story...
Apr
17th

Schaeffler closes French timing chain factory

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Schaeffler will close a factory in France with a loss of 195 jobs, the company said at its headquarters here. The site at St. Simeon de Bressieux, near the southeastern city of Grenoble, makes timing chains for engines. Full story...
Apr
17th

GAZ head sees opportunities for suppliers in Russia

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The chairman of GAZ, a big Russian maker of commercial vehicles and passenger cars, said opportunities abound in Russia for western suppliers, despite current weakness in the market. "This is the perfect time to go in," said Erik Eberhardson. Full story...
Apr
17th

Volkswagen Q1 sales may overtake Toyota as world leader

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Volkswagen group may have overtaken Toyota Motor to become the world's top-selling carmaker in the first quarter, thanks to government incentives that fuelled demand in VW's major markets. Full story...
Apr
17th

Rattner linked to SEC probe of N.Y. kickbacks, report says

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Steven Rattner, the leader of the Obama administration's auto task force, was one of the investment-firm executives involved with payments now under scrutiny in a state and federal investigation into an alleged kickback scheme at New York state's... Full story...
Apr
17th

Volkswagen could overtake Toyota as world No.1 in Q1

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Volkswagen group may have passed Toyota Motor Corp as the world's top selling automaker in the first quarter, helped by robust demand in its main markets, while its Japanese rival suffered sharp declines, partial company data suggests. Full story...
Apr
17th

$145-million investment by the Canadian government: an Auto123.com Reaction

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The Harper government is assuming a more flexible position towards the automotive industry. The earmarking of 145 million dollars for Automotive Partnership Canada will enhance research and development activities and create jobs in the high-tech sector. Full story...
Apr
17th

NASCAR: RPM signs AJ Allmendinger for 2010

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Richard Petty Motorsports announced today that it had signed A.J. Allmendinger for the entire 2010 Sprint Cup season. The team had recently confirmed that the former open-wheel ace would continue on through September of this year. Full story...
Apr
17th

Races cancelled over Donington license loss

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Donington Park, the 2010 grand prix venue's failure to secure a new racing license by the British motor racing authority has led to races being cancelled. Full story...
Apr
17th

P1-E Electric Vehicle Technology to be Available to Other EV Manufacturers

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In response to Gordon Brown's call to make Britain 'a world leader' in electric cars and Government plans to incentivise the public to buy them, the technology behind the stunning-looking all-British JJAD P1-E electric sports car is to be made available to other EV manufacturers. Full story...
Apr
17th

F1: War of words after ‘illegal’ Formula 1 car claims

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The lingering effects of the differ row were still being felt in the Shanghai paddock on Friday as two teams' officials got into a war of words. Full story...
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