Hundreds of North American parts makers may fail within months as a weakening economy forces automakers to slash production, the CEO of Canada's second-largest supplier says.
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When General Motors submits its viability plan to Congress next month, it will outline what its future U.S. market share will need to be with just four core brands.
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Chrysler LLC and Fiat S.p.A. will bring seven new vehicles to North America under their alliance and#x2014; four with Chrysler brands and three as Fiats or Alfa Romeos.
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For industry executives charged with boosting shareholder return, 2008 was a lost year and#x2014; to put it mildly.
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As vehicle sales and dealership profitability remain depressed, dealers say they are trimming every expense that doesn't directly generate income.
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The government has pledged $50 billion to help automakers and auto lenders, but other industry segments say they need immediate aid, too. And President Barack Obama's $825 billion economic stimulus plan hardly mentions cars and trucks.
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Used-vehicle prices have fluctuated so much recently that dealers say they are having trouble choosing which used cars and trucks to buy and how to price them at retail.
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Since Roseville Hyundai opened three years ago in metropolitan Sacramento, it has been the top-selling Hyundai dealership in California and one of the top 20 in the nation.
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The biggest obstacle to a Chrysler-Fiat alliance may be finding the cash to finance a potential surge of product sharing. Analysts say a strategic partnership of Chrysler LLC and Fiat S.p.A.
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Fiat S.p.A. CEO Sergio Marchionne appears content to keep Americans in charge at Chrysler LLC.
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These days, not having a hybrid or eco-friendly model in your vehicle line-up is a sin. Nissan wants to become part of the green club and decided to electrify the popular Altima sedan, which rivals the Toyota Camry and Prius, the Chevrolet Malibu and Saturn Aura as well as the brand-new Ford Fusion.
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Canadian driver Bruno Spengler participated in the first test session of 2009 of the Mercedes-Benz DTM team this past weekend in Estoril, Portugal.
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Team BMW Sauber driver Nick Heidfeld believes formula one drivers should be prepared to race for less money, as the sport tightens its belt in reaction to the global financial crisis.
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According to chief executive Bernie Ecclestone, Formula 1 F1's major teams can plug any holes on the grand prix grids by fielding third cars.
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This week, Auto123.com features the following road tests: The Altima Hybrid, Nissan's new mid-size « green » sedan. The Chevrolet Traverse, the new, ultimate versatile and affordable SUV. The Subaru Impreza WRX265, the Mitsubishi Lancer Rallyart's new sporty competitor. And don't miss the videos filmed by our journalists at the Montreal International Auto Show, such as the interview with the president of Ford Canada, David Mondragon.
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British driver James Thompson will miss the 2009 WTCC season, after team N Technology announced it was withdrawing from the series.
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A partnership between the Canadian government, the province of Manitoba and the city of Winnipeg will help reduce harmful exhaust emissions in Winnipeg. A WinSmart gas station selling biodiesel fuel has just opened shop.
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According to a study conducted across the North American continent, Canadian auto workers (CAW) are the most productive in North America. The study also shows that unionized workers are more productive than their non-unionized counterparts.
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ING, Renault's embattled title sponsor, will review its sponsorship of the French formula one team in the middle of 2009, a spokesman has told the International Herald Tribune.
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This year's auto show circuit is showing more green cars to the general public than ever-- and Mitsubishi is gearing up to give their latest all-electric vehicle a global debut.
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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