Ferdinand Piech, a co-owner of Porsche, is resisting a quick decision to let the Gulf state of Qatar take a minority stake in the German automotive group, the Financial Times Deutschland reported.
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Ferdinand Piech, a co-owner of Porsche, is resisting a quick decision to let the Gulf state of Qatar take a minority stake in the German automotive group, the Financial Times Deutschland reported.
Full story...
Ferdinand Piech, a co-owner of Porsche, is resisting a quick decision to let the Gulf state of Qatar take a minority stake in the German automotive group, the Financial Times Deutschland reported.
Full story...
Ferdinand Piech, a co-owner of Porsche, is resisting a quick decision to let the Gulf state of Qatar take a minority stake in the German automotive group, the Financial Times Deutschland reported.
Full story...
Cooper-Standard Automotive Inc. was flagged today by Standard and Poor's as yet another Tier 1 auto supplier facing a potential Chapter 11 filing.
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General Motors confirmed Tuesday morning that it has a tentative agreement to sell Saab to a group led by Swedish supercar maker Koenigsegg Automotive.
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General Motors confirmed Tuesday morning that it has a tentative agreement to sell Saab to a group led by Swedish supercar maker Koenigsegg Automotive.
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Koenigsegg Automotive, General Motors' first choice to buy Saab, makes million-dollar sports cars that some car enthusiasts call the "world's fastest," says an executive at one of the specialty Swedish automaker's three licensed U.S. stores.
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Bankrupt General Motors has agreed to sell money-losing Saab Automobile to Sweden's Koenigsegg Automotive AB, a maker of some of the world's fastest and most expensive sports cars.
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Bankrupt General Motors has agreed to sell money-losing Saab Automobile to Sweden's Koenigsegg Automotive AB, a maker of some of the world's fastest and most expensive sports cars.
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German industrial conglomerate Robert Bosch GmbH expects revenue in its core car parts business to decline by about a fifth this year in line with weak global production volumes.
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The brand with the four rings leads the pack with a new vehicle concept: The Audi A5 Sportback combines the best of different automotive worlds. It is as emotional and elegant as a coupe, as comfortable as a sedan, and as practical as an Avant.
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Zurich - General Motors Corp. and Koenigsegg Group AB, a consortium led by Koenigsegg Automotive AB, today confirmed the details of a memorandum of understanding for the purchase of Saab Automobile AB that secures Saab's future.
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22 June 1934 was not only one of the most important days in the early corporate history of the Company now known the world over as Dr. Ing. h. c. F. Porsche AG, Stuttgart, but also the day that changed the history of the entire automotive industry: It was on that day that "Dr. Ing. h.c. F.
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The brand with the four rings leads the pack with a new vehicle concept: The Audi A5 Sportback combines the best of different automotive worlds. It is as emotional and elegant as a coupe, as comfortable as a sedan, and as practical as an Avant.
Full story...
Italian automotive suppliers to Fiat S.p.A. could look to set up shop in the Detroit area following the formation of Chrysler Group LLC, the Chrysler-Fiat alliance spawned from Chrysler's bankruptcy.
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Italian automotive suppliers to Fiat S.p.A. could look to set up shop in the Detroit area following the formation of Chrysler Group LLC, the Chrysler-Fiat alliance spawned from Chrysler's bankruptcy.
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Koenigsegg Automotive believes it can rescue General Motors' loss-making Saab unit, a co-owner of the Swedish luxury sports car maker said.
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DETROIT - General Motors President and Chief Executive Officer Fritz Henderson today announced that Bob Socia, currently executive vice president of Shanghai General Motors (SGM), will be appointed GM vice president, Global Purchasing and Supply Chain, effective July 1. Socia will report to Henderson and will become a member of GM's Automotive Strategy Board.
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