Chrysler LLC has named John Kett vice president for Asia operations. Kett replaces Asia veteran Phil Murtaugh, who left the company last month.
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A 2000 Buick Custom Blackhawk fetched $475,000, and the first-built Corvette 2006 ZO6 took in more than $100,000 as General Motors peddled part of its history last week.
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U.S. private equity firm Cerberus Capital Management LP, owner of automaker Chrysler LLC, may cut nearly 10 percent of its worldwide staff, Financial News said citing people familiar with the situation.
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North American auto suppliers might soon be merger or acquisition targets of a Chinese automotive supplier looking to gain a stronger footprint in the U.S. auto industry at bargain-basement prices.
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Although the glitz was dialed way down during the press days of this year's Detroit auto show, the optimism about the future of electric plug-in cars was everywhere. Automakers from Ford to China's BYD unveiled their EV cars at the show last week.
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The auto-marketing watchword in 2009: Do more with less. With few exceptions, executives at the Detroit auto show last week said they are dialing down marketing spending, partly to match the slowdown in sales.
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British team is the latest to unveil its F1 challenger for 2009.
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Toyota Motor Sales is to recall about 214,500 Lexus vehicles sold in the United States.
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Mazda Motor Corporation has announced more adjustments to production in Japan for February and March.
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Last week's announcement that Honda would halt production at its English plant in Swindon for the months of April and May has been met "with dismay" by Unite, the key automaking union in the country.
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Checker Motors Corp., the auto-parts maker that once produced the Checker taxi cab, has filed for Chapter 11 bankruptcy while another Michigan supplier closed its doors. Checker sought court protection Friday, Jan. 16, in U.S.
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Struggling SUV specialist Ssangyong Motor on Sunday filed a bailout programme in court which was notable for its absence of support from Chinese parent SAIC.
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Fiat Group is negotiating with Chrysler LLC to form a strategic partnership that could include a Fiat equity stake in the ailing U.S. carmaker.
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Chrysler and Fiat are in talks over a strategic partnership that could see the Italian automaker take a stake in the ailing US firm, a trade paper reported late on Monday.
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One of the original retro cars, the Chrysler PT Cruiser, is getting the ax.
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With more than 600 cars on display and a record number of exhibitors, nothing at the 2009 Tokyo Auto Salon tuner show hinted at the global economic downturn.
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Fiat Group is in negotiations with Chrysler LLC to form a strategic partnership that could include a Fiat equity stake in the ailing U.S. carmaker. The pact would help Chrysler speed up and strengthen its ongoing restructuring plan.
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Turkey's automotive sector can expect a 15-20% fall in sales in 2009, a key executive has said.
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Soon after finance arm Chrysler Financial was given access late on Friday to US$1.5bn from the federal TARP loan programme, Chrysler said customers with a wide range of credit scores would immediately be eligible for "affordable financing" including a new national zero percent APR offer on some models.
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Fiat Group is in negotiations with Chrysler LLC to form a strategic partnership that could include a Fiat equity stake in the ailing U.S. carmaker. The pact would help Chrysler speed up and strengthen its relaunch plan.
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