After presenting the X6 Active Hybrid in Toronto last year, it's the new 7-Series' turn to show off the gas and electric powertrain. Jointly developed with Chrysler and GM, BMW's version of the hybrid unit features two electric motors and a 4.4-litre V8 that is said to develop over 400 horsepower. An 8-speed automatic is part of the deal, and the ActiveHybrid should offer a 15% fuel consumption improvement over the conventional 7-Series.
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Chrysler completes the overhaul of its Dodge Ram pickup lineup by taking the wraps off the new 2010 heavy-duty 2500 and 3500 models at the Chicago auto show.
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Wolfgang Bernhard, the hard-driving executive who was forced out of Volkswagen and DaimlerChrysler, has rejoined Daimler to be the head of its Mercedes-Benz van group. He starts the job on April 1.
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French supplier Faurecia Interior Systems Inc. is seeking $110 million in damages from Chrysler LLC in a breach of contract lawsuit filed Monday in a Michigan state court.
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French auto supplier Faurecia Interior Systems Inc. is seeking $110 million in damages from Chrysler LLC in a breach of contract lawsuit filed yesterday in a Michigan state court.
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The US government may force General Motors and Chrysler into bankruptcy to assure repayment of US$17.4bn in federal bailout loans, a report said on Monday, adding that automakers claim such action would destroy them.
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Bob Lutz, the former Chrysler Corp. president who was hired at age 69 to lead a product renaissance at General Motors, is retiring at the end of the year.
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The Obama administration is talking with U.S auto industry about more help, but no decisions are expected until General Motors and Chrysler LLC submit turnaround plans to the government Feb. 17, a White House official said on Friday.
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A premium full-size sedan... from Korea? Most consumers will tell you there's something wrong with that sentence. Anyway, Kia launched the Amanti in 2003 and, since then, the company manages to attract hundreds of Canadian buyers who would have otherwise purchased a Buick Lucerne, Ford Taurus, Toyota Avalon, Chrysler 300 or even a Hyundai Azera.
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The Obama administration is talking with U.S auto industry about more help, but no decisions are expected until General Motors and Chrysler LLC submit turnaround plans to the government Feb. 17, a White House official said on Friday.
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The Obama administration is talking with U.S auto industry about more help, but no decisions are expected until General Motors and Chrysler LLC submit turnaround plans to the government Feb. 17, a White House official said on Friday.
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The investors who just purchased most of the assets of specialty-car maker Saleen Inc. have considered buying the Dodge Viper business, though it's unclear whether they are among the three bidders Chrysler has publicly acknowledged.
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Chrysler LLC executives, making their second sales plea to dealers in two weeks, urged them to order 15,000 more cars by Monday to keep the company viable. "You have two choices," said Chrysler co-President Jim Press.
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The investors who just purchased most of the assets of specialty-car maker Saleen Inc. have considered buying the Dodge Viper business, though it's unclear whether they are among the three bidders Chrysler has publicly acknowledged.
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The investors who just purchased most of the assets of specialty-car maker Saleen Inc. have considered buying the Dodge Viper business, though it's unclear whether they are among the three bidders Chrysler has publicly acknowledged.
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The investors who just purchased most of the assets of specialty-car maker Saleen Inc. have considered buying the Dodge Viper business, though its unclear whether they are among the three bidders Chrysler has publicly acknowledged.
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Chrysler LLC, hobbled by shrinking sales and soaring inventories, shut down three assembly plants Monday after reopening them two weeks ago.
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