Chrysler LLC's proposed alliance with Fiat S.p.A. could lead to production of Fiat-based models in as many as three Chrysler plants in North America. The factories in line for more work are Toluca, Mexico; Sterling Heights, Mich.; and Belvidere, Ill.
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Asbury Automotive Group and Sonic Automotive Inc. are threatened by mounting debt. Sonic's troubles appear more dire.
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Ken Zangara is in hot water. The well-connected New Mexico Dodge dealer closed his store last month because of collapsing sales.
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Purchasing chiefs Bo Andersson at General Motors and Scott Garberding at Chrysler LLC have a new carrot, or maybe a stick, to work with restive suppliers: $5 billion in federal aid that the two automakers get to dole out.
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Chrysler LLC will chop its production by almost 60.0 percent in the second quarter, one forecaster predicts. That puts the company at the forefront of the industry's production cutbacks, as automakers continue to slash output to match tumbling sales.
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Here are profiles of six of the 25 finalists in the 2009 Automotive News PACE Awards -- i2 Technologies Inc., BorgWarner Morse TEC Inc., Robert Bosch LLC, Henkel Corp., TI Group and Hella KGaA Hueck and Co.
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For 13 years, prosecutors say, a Tennessee auto dealer with a phony investment offer enjoyed a five-star lifestyle with his brother-in-law's money. Then, last summer, things began to unravel.
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Influential Wisconsin megadealer John Bergstrom will close four of his six Saturn stores by April 15 and#x2014; a sign that even General Motors' biggest and best-connected retailers see little hope for the brand.
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The groundbreaking, ultra fuel-efficient smart fortwo celebrates its 10th anniversary with the production of ten special anniversary edition fortwos. This small run of collector edition, exclusive units will be built upon the existing, haute fortwo BRABUS edition.
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Lexus has introduced an entry-level 4-door luxury sedan that's about as green as a modern high-production vehicle can be. The HS 250h is a Camry-sized family sedan that is powered by the latest in Toyota/Lexus hybrid technology.
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Following closely on the heels of the A5, which was introduced as a 2008 model, 2009 brings us a cabriolet version of this beautifully executed touring coupe.
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"Run with Zero CO2," is Mitsubishi's tag line for its hi-tech purely electric vehicle known curiously as the iMiEV. This is a true plug-in vehicle, which Mitsubishi is fleet testing on the roads of Japan.
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Rick Wagoner's departure doesn't come as a big surprise and has nothing to do with Guy-Carbonneau syndrome (where the coach is fired instead of the players, as is often the case in professional sports). In this instance, Wagoner had long since paved the way for his exit.
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At a press briefing held at the White House today, President Barack Obama announced that his Auto Task Force had completed its evaluation of the viability of Chrysler and GM in light of their requests for federal assistance. The Obama administration also agreed to give Chrysler 30 more days to come up with an alliance plan with Fiat SpA.
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Toyota recently unveiled its third generation Prius, which has been completely overhauled for 2010, giving it improved fuel economy and stronger performance. The new sheet metal has been sharpened and reworked slightly while retaining the space-age shape of the Prius that's influenced many other offerings in the compact segment.
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Hearts will pound and loss of breath will surely follow as eyes fall upon the new, second generation BMW Z4 Roadster. Its elongated hood and short rear deck emphasize the car's strength in both form and function. The new lines are unmistakably Z4 but in a smoother, less "Bangle'ized" fashion that's sure to broaden the car's appeal.
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Acura announced it will debut a prototype of the all-new ZDX luxury four-door sport coupe at the New York International Auto Show on April 8. The prototype features striking coupe-like styling with the added benefit of a commanding presence and flexible utility to define a new luxury category.
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Rick Wagoner's departure doesn't come as a big surprise and has nothing to do with Guy-Carbonneau syndrome (where the coach is fired instead of the players, as is often the case in professional sports). In this instance, Wagoner had long since paved the way for his exit.
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Auburn Hills, Mich. , Mar 30, 2009 - Today marks an important milestone for Chrysler LLC. We are encouraged by the commitments of the Administration, U.S. Treasury and President's Auto Task Force to the American automobile industry and Chrysler's viability, with a Fiat alliance.
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Formula 1 team Toyota faces an uphill battle to appeal its lost Melbourne podium, but the Japanese team does have a valid case to argue.
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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