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Aug
13th

Excess is what the Monterey Weekend is all about:

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Jaguar hosted the annual kick-off party for the Pebble Beach Concours d'Elegance Thursday night and the cars parked outside the Beach and Tennis Club typified what the weekend is all about--automotive excess. But in a good way. Full story...
Aug
13th

Former task force chief Rattner says GM IPO earlier than people would like

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GM's planned IPO may be 'a tad earlier than people would like,' said the former head of President Barack Obama's automotive task force. Full story...
Aug
13th

Jaguar to unveil Limited Edition XKR175 at Pebble Beach

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MAHWAH, N.J. - Jaguar celebrates its 75th anniversary today with the debut of the limited edition 2011 Jaguar XKR175 Coupe at the McCalls Motorworks Revival at the Monterey Jet Center during the Pebble Beach Automotive Weekend. This is the first appearance of the exclusive sports car in North America. Full story...
Aug
12th

PHILIPPINES: Vehicle sales up in July, export incentives needed

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Vehicle sales in the Philippines increased by 37.7% year-on-year in July to 15,972 units, from 71,506 units a year earlier, according to data released by the Chamber of Automotive Manufacturers in the Philippines Inc (CAMPI). The association's president, Elizabeth Lee, attributed the ongoing sales growth to a "strengthening consumer and business confidence". Full story...
Aug
11th

Cerberus-owned supplier Tower Automotive prepares debt offering

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Supplier Tower Automotive LLC, in an effort to repay its U.S. and European bank debts, said today it plans to sell $450 million of 7-year debt notes. Full story...
Aug
11th

Do automotive moms beat themselves up?

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Automotive women struggle to balance work and home, but could some of that tension be self-imposed? That's what Francoise Colpron, national director for French supplier Valeo's North American operations, found when she talked to female managers at... Full story...
Aug
10th

VIETNAM: July sales drop 13% after strong second quarter

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Vietnam's new vehicle sales fell 12.9% year on year to 9,439 units in July, from 10,839 units a year earlier, according to data released by the Vietnam Automotive Manufacturers Association. Full story...
Aug
9th

Jerry Flint, longtime auto journalist and critic, dead at 79

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Jerry Flint, a longtime automotive journalist and one of the industry's staunchest critics, died Aug. 7 in Hudson, N.Y., of a stroke. He was 79. Born in Detroit, Flint covered the automotive industry for 52 years. Full story...
Aug
9th

Fleets fuel surge at GM, Chrysler

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Reports of robust post-bankruptcy sales at General Motors Co. and Chrysler Group need an asterisk. Internal documents obtained by Automotive News show that much of the recovery at the two companies comes from sales to daily rental fleets. Full story...
Aug
7th

Toronto Selected To Be Home To One of the First McLaren Automotive Retailers in the World

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Toronto - As McLaren Automotive moves toward the launch of the MP4-12C, plans are proceeding to have Pfaff Automotive Partners represent McLaren in Canada and the Toronto area. The proposed location for the dealership is at 33 Auto Park Circle, Woodbridge, Ontario with anticipated opening in summer, 2011. Full story...
Aug
5th

EUROPE: July car sales down 18.5%

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Car sales in Western Europe fell by 18.5% in July according to data released by JD Power automotive forecasting with a host of national markets recording big falls on last year. Full story...
Aug
4th

U.S. industry faces slow recovery, CAR economist says

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The U.S. auto industry will have to prepare for a slow, grind-it-out sales recovery if a market analysis by Sean McAlinden proves correct. McAlinden, chief economist of the Center for Automotive Research in Ann Arbor, Mich., said automakers kept U.S. Full story...
Aug
4th

US: GM invests US$5m in hybrid CV maker Bright Automotive

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General Motors has ploughed US$5m into Bright Automotive to accelerated the Indiana automaker's IDEA plug-in hybrid commercial vehicle. Full story...
Aug
4th

US: GM invests US$5m in Bright Automotive

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General Motors has ploughed US$5m into Bright Automotive to accelerated the Indiana automaker's IDEA plug-in hybrid commercial vehicle. Full story...
Aug
4th

US: GM invests US$5m in Bright Automotive

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General Motors has ploughed US$5m into Bright Automotive to accelerated the Indiana automaker's IDEA plug-in hybrid commercial vehicle. Full story...
Aug
4th

US: TRW reports profits again

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Safety systems specialist TRW Automotive said second quarter 2010 sales rose 24% to $3.7bn while net earnings of $227m, or $1.78 per share, compared to a net loss of $11m or ($0.11) per share. Q2 operating income was a record $322m compared with $44m a year ago. Full story...
Aug
4th

CHINA: New JV to make minivans

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The Chongqing Yinxiang Group and Beijing Automotive Industry Holding (BAIC) inked a strategic cooperation agreement on Wednesday, under which the two sides would invest CNY1.5bn to construct a new minivan base in southwest China's Chongqing municipality. Full story...
Aug
4th

GM venture arm invests in electric car start-up

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General Motors Co. said it plans to invest $5 million in electric vehicle company Bright Automotive in return for an undisclosed minority stake. Bright CEO Reuben Munger said his Anderson, Ind. Full story...
Aug
3rd

$40 million Bugatti on exhibit: Mullin museum models its masterpiece:

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Remember the Bugatti that sold a few months ago for somewhere between $30 million and $40 million? It is still the world's most expensive car. And now you can have a look at it at the fabulous Mullin Automotive Museum in Oxnard, Calif. Full story...
Aug
3rd

We won 76 arbitration cases, not 73, Chrysler says

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Chrysler Group has reiterated that it prevailed in 76 of 108 arbitration decisions with rejected dealerships after Automotive News reported that the company won 73 of 105 decisions. Full story...
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