The Bush administration is handing off to its successor the most closely watched auto safety issue in Washington: what automakers must do to prevent a vehicle's roof from collapsing in a rollover crash.
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Toyota Motor has put on ice a joint venture with Isuzu Motors that was developing a 1.6-litre aluminium diesel engine for vehicles sold in Europe.
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The Bush administration is likely to provide some help to struggling Detroit automakers as early as Wednesday (17 December) but it could be as little as US$10bn, "a bridge to a bridge loan" as one report put it.
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Both Volkswagen and Kia are planning to expand their operations in Slovakia, according to the Slovakian economy minister, Lubomire Jahnatek.
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President-elect Barack Obama named a group of advocates for action on climate change to top positions in his administration while avoiding a pledge to allow states to have their own greenhouse-gas emissions rules for vehicles.
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The Bush administration could act as early as Wednesday to approve an automaker bailout from its bank rescue fund, with conditions likely to reflect at least those approved by the U.S.
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The Bush White House is to keep the troubled Detroit-based automakers waiting a while longer to hear if the administration will provide bailout loans after a Democrat sponsored Congressional bill failed to pass Republicans in the Senate last week.
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WASHINGTON -- Bush administration officials and automakers are working this weekend on a possible deal for emergency loans to prevent the collapse of General Motors and Chrysler LLC, says Sen. Bob Corker, R-Tenn.
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The White House said on Saturday no decision had been made yet on how to proceed with a bailout of U.S. automakers and that the Bush administration would take the time to do it right.
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Federal Industry Minister Tony Clement announced that the Governments of Canada and Ontario have agreed to invest 3.4 billions of dollars to help the automotive industry in Canada.
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BMW of North America LLC is offering to replace the tailpipe extension on more than 28,000 Mini Cooper S cars built for the 2007-08 model years rather than contest a federal finding that the vehicles have a safety defect.
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China needs to make policy changes to counter a serious slowing of car sales as a result of the global credit crisis, a government minister said.
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Canada must work closely with the neighbouring United States on ways to help the auto indystry restructure, a top aide to prime minister Stephen Harper has said.
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The Bush administration, signaling a possible shift in policy, will consider using money set aside for rescue of financial institutions to make emergency loans to automakers, the White House said this morning.
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The Bush administration, signaling a possible shift in policy, will consider using money set aside for the rescue of financial institutions to make emergency loans to automakers, the White House said this morning.
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The Bush administration, signaling a possible shift in policy, will consider using money set aside for rescue of financial institutions to make emergency loans to automakers, the White House said this morning.
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Talks between the German government and carmaker Opel are continuing and Berlin stands ready to decide on providing guarantees to the company before Christmans if it needs help, the Economy Ministry said on Friday.
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Late yesterday night, the U.S. Senate failed to pass a $14-billion rescue package for the Big 3. This morning, the Bush Administration announced it is considering providing help with money from the Wall Street bailout to prevent the collapse of the automakers.
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Kia's new Soul supermini, on sale from February, will boost the company's 2009 UK sales to around 33,000, a respectable increase from the 31,500 it will sell this year, managing director Paul Philpott said.
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The Bush administration hinted today it will seek a )x("",car czar who would be acceptable to President-elect Barack Obama and could stay on after Obama takes office next month.
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