Tesla Motors Inc. has hit a big pothole on the road to full production of its high-performance electric roadster. It is running low on cash.
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Stocks tumbled today as bleak economic data fed worries that all the efforts to unlock credit markets may not stave off a severe recession. The Dow Jones industrial average sank 733.08 points, or 7.87 percent, to finish unofficially at 8,577.
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Smart cars and Volkswagen diesels are the new stars of government fuel economy ratings. The EPA and Energy Department today issued the 2009 fuel economy guide. The overall fuel economy leader is no surprise.
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Toyota Financial Services has launched its Toyota Rewards Visa program to boost revenues at Toyota dealerships and encourage customer loyalty.
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Toyota Financial Services has launched its Toyota Rewards Visa program to boost revenues at Toyota dealerships and encourage customer loyalty.
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Nissan Motor Co. Ltd. plans to recall 204,361 vehicles from its 2007 and 2008 model years in the United States due to the possibility that a passenger side airbag could fail to deploy properly in an accident.
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Lear Corporation, supplier of automotive seating systems, electrical distribution systems and electronics products, has announced cost reductions which it hopes will improve its operating profit by US$150m over the next year.
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CHIBA, Japan -- The three-seat iQ, a tiny car that Toyota tentatively expects to sell in the United States, achieves 54 mpg, according to Japanese mileage standards.
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Branding the plan "unjustified and barbarous," Spanish unions have scheduled several demonstrations against Nissan's plan to axe 1,680 workers in Spain.
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Honda has made a statement of faith in its UK plant at Swindon by adding the redesigned Jazz (Fit) as the factory's third production model, which the company claims "provides greater long term stability" once the supermini joins the CR-V and Civic on the assembly lines late in 2009.
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DETROIT -- Seat maker Lear Corp. plans an additional $150 million in cost cuts in the next year.
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Seat maker Lear Corp. today announced plans for another $150 million in cost cutting in the next year.
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J.D. Power and Associates, which tracks U.S. auto sales on a daily basis, sees October sales on track to fall below 12 million units on an annualized basis, extending a downturn that automakers hoped had hit bottom in the summer.
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J.D. Power and Associates, which tracks U.S. auto sales on a daily basis, sees October sales on track to fall below 12 million units on an annualized basis, extending a downturn that automakers hoped had hit bottom in the summer.
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Honda's Indian unit has again confirmed it will launch a new car smaller than the Jazz (Fit) in the emerging market, but not for some time.
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Chrysler's top executive has told employees the now privately-held automaker has been in contact with other parties "interested in exploring future possibilities with Chrysler" but said no new agreements had been reached.
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Renault gained market share in Europe despite a 5 percent sales decline to 119,597 units in September. Renault said its group market share, including sales by Romanian subsidiary Dacia, increased 0.
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Toyota Motor president Katsuaki Watanabe on Wednesday said the business environment had deteriorated more than expected and predicted North America's car market would remain slow until 2010.
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MEXICO CITY -- The BMW Group today opened a regional purchasing office for Latin America here. BMW intends to seek business with companies across the region and strengthen alliances with its suppliers, the automaker said in a statement.
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Want to improve your fuel economy? Chipping cars is the latest idea. We tried it, and the results were great!
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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