Billionaire Kirk Kerkorian's Tracinda Group has sold 26.4m Ford shares for an average of US$2.01 each in the period 21-27 October, it said in an SEC filing.
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Sweden's Financial Supervisory Authority has said Porsche would be required under that country's takeover rules to make an offer for Scania if it raised its stake in Volkswagen above 50%.
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Alfa gives showroom customers a sneak preview of its new baby ahead of 2009 release.
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Best-ever result for latest version of VW hatch.
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Skoda will launch the Fabia Combi (wagon), Roomster and new versions of the Superb and Laura in India in 2009.
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First images of new coupe – and Boxster drop-top – surface on the internet.
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Mahindra and Mahindra has reported a fall in second quarter net profits, on the back of higher costs and a loss on exchange rates, despite a rise in gross revenues.
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Leaked image reveals all for new £1.2m supercar
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Chrysler is offering white-collar workers up to US$75,000 cash and vehicle purchase vouchers worth up to $25,000 if they leave by 30 November.
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Volkswagen shares nearly halved in early trading on Wednesday after main shareholder Porsche moved to ease a squeeze on short sellers that more than quadrupled the stock in days.
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Volkswagen shares nearly halved in early trading on Wednesday after main shareholder Porsche moved to ease a squeeze on short sellers that more than quadrupled the stock in days.
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The Z Car is back... And with more power and a fresh new look too!
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GMAC Financial Services is to considerably scale back its European automotive finance business.
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Shares in carmaker Volkswagen nearly halved on Wednesday after main shareholder Porsche took steps to ease a squeeze on shortsellers that more than quadrupled the stock in days.
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Ford Ka driven, Audi's city car revealed, Supercar shoot-out, VW heads LA Motor Show stars.
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Toyota and minivehicle subsidiary Daihatsu Motor are reported to be developing a cheap new car for India.
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Climate controlled seat specialist Amerigon has posted a sharp drop in net income for the third quarter to US$648,000, or $0.03 per share, compared with $3.1m, or $0.13 per share a year ago.
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Robert Bosch will start producing in China injectors for diesel common rail systems used in passenger vehicles.
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General Motors is postponing nearly all of its spending on product development in 2009 and 2010 -- a cost-cutting move that could delay the introduction of key vehicles such as the Chevrolet Cruze.
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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