Thousands of supplier jobs could be cut in central Europe as the global slowdown in auto production hits the region. )x("",It could be 10,000 jobs as a worst case scenario, said Jiri Kyncl, a spokesman for the Czech auto association, SAP.
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This is a tough time to be leading an automaker. Sluggish sales, high materials costs and a worsening global economy are forcing top auto executives to make some of the toughest decisions of their professional lives.
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Fiat Group Automobiles is getting ready to launch three low-cost models under a separate brand name in western Europe. The cars are due in 2010. The decision is a bet that, as the global financial crisis intensifies, consumers will want cheaper cars.
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General Motors Europe is reaching out beyond Germany in search of government help to avoid a liquidity crisis if its US parent goes bankrupt.
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Another official of China's annual formula one race has played down suggestions the grand prix in Shanghai might be in doubt beyond 2010.
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Nine months after announcing the end of his 22-year marriage, McLaren boss Ron Dennis is reportedly dating again.
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David Coulthard will turn to television punditry for his first year of formula one race retirement in 2009.
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Installing an Indian driver at the wheel of one of Force India's formula one cars is in the team's five year plan.
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A proposal for a new qualifying format for formula one in 2009 could be tabled at the forthcoming meeting of the FIA's World Motor Sport Council.
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Canadian Jacques Villeneuve set the pace on the first day of the Speedcar Series test session at the Dubai Autodrome. This 2-day test is the final one before the start of Season 2 on 5-6 December, 2008.
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Volvo's next-generation S60 concept is set to be unveiled at the Detroit Motor Show early next year as a fairly clear indication of what the 2010 production model will look like. A photo has been released, showcasing a daring, sleek and exciting silhouette. A tapered 'double-wave' beltline runs the length of the car from the headlight to taillight, rising slightly to accommodate the large turbine-shaped wheels and fenders surrounding them.
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David Coulthard will turn to television punditry for his first year of formula one race retirement in 2009.
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Porsche has just released photos of their new four-seat Panamera grand touring car, which will join the Boxster, Cayenne, Cayman and 911 models next year. The German performance automaker says that the model combines sporting driving dynamics, a spacious interior, and the supreme comfort of a Gran Turismo.
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Nine months after announcing the end of his 22-year marriage, McLaren boss Ron Dennis is reportedly dating again.
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A proposal for a new qualifying format for formula one in 2009 could be tabled at the forthcoming meeting of the FIA's World Motor Sport Council.
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Neel Jani (Switzerland) and Adam Carroll (Ireland) are the winners at Sepang, Malaisia. Ireland takes the lead in provisional classification.
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Romain Grosjean, the first GP2 Asia Series champion and fourth in this year's main GP2 series, looks likely to return to the support category in 2009.
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Another official of China's annual formula one race has played down suggestions the grand prix in Shanghai might be in doubt beyond 2010.
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Installing an Indian driver at the wheel of one of Force India's formula one cars is in the team's five year plan.
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Since Honda decided a few years back that their mid-size Accord in North America should be different (read: bigger) than the one sold in the rest of the world, its rivals don't have much choice but to follow the same path.
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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