Honda Motor Co., wanting to build more Honda CR-V small crossovers in its East Liberty Auto Plant in Ohio, will end Honda Civic sedan production there in early 2009. That will leave Honda Motor Co.
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Texas dealer Mac Haik entered a bid today to buy the Houston area Chevrolet dealership of bankrupt Bill Heard Enterprises Inc., bringing the total number of spoken-for Heard stores to four.
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Sonic Automotive Inc. has passed the first legal hurdle in its effort to acquire a Mercedes dealership in Charlotte, N.C., over the objection of Mercedes-Benz USA.
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Despite a declining U.S. auto market that is prolonging Ford Motor Co.'s losses, bankruptcy protection isn't an option for the automaker, CEO Alan Mulally says. "It absolutely doesn't work for us.
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DETROIT -- Despite speculation that the Detroit 3 could run out of money as early as next year, bankruptcy protection is not an option for Ford Motor Co., CEO Alan Mulally says. "It absolutely doesn't work for us.
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On Monday, Ferrari's board of directors issued its financial results in a statement that also included a threat to quit Formula One if the FIA's proposal for teams to use standard-spec engines is implemented in 2010.
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DETROIT (Reuters) - GMAC said on Tuesday it would stop making new consumer car loans in seven European countries starting Nov. 1, the latest financing cutbacks by the finance firm controlled by Cerberus Capital Management.
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Sonic Automotive Inc., the nation's No. 3 dealership group, today reported a $25.3 million loss in its third quarter. In last year's third quarter, Sonic earned $26.1 million, the company said. Part of the loss stemmed from $11.
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TORONTO (Reuters) - Canadian auto parts makers warned the federal and Ontario governments on Tuesday that without a guarantee on bank funding of up to C$1 billion ($775.
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Audi ace took his first DTM title with win at Hockenheim.
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Hamilton ready to take on Massa in shoot-out for F1 title.
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Senior executives of several global automakers maintained their confidence in plans for Brazil at the Sao Paulo motor show though an auto industry trade group cautioned growth was slowing.
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DETROIT (Reuters) -- Group 1 Automotive Inc. suffered a loss during the third quarter and suspended its full-year earnings guidance, citing volatility in the U.S. economy, auto demand and consumer lending.
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Nissan Motor president Carlos Ghosn has denied earlier US media reports that the Japanese automaker had proposed a capital tie-up with Chrysler .
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DETROIT (Reuters) -- Billionaire investor Kirk Kerkorian has reduced his stake in Ford Motor Co. to 4.89 percent over the past week, his investment company Tracinda Corp. said today.
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There will be no dodging these stormers at America’s top performance car and tuning show in Las Vegas in November.
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PSA Peugeot Citroen sales in Russia rose 62.3% year on year to 44,947 cars in the January-September period.
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FRANKFURT (Reuters) - German carmakers and suppliers are cutting production in response to a sharp drop in demand, prompting lobbyists to call for state aid to revive the embattled industry.
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Canadian Grand Prix: Formula BMW team campaigns for race's reinstatement
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