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Is Auto Recovery Here To Stay?
President Obama on Friday wants to call attention to the successes of the bailed-out companies by visiting automakers in Michigan. Micheline Maynard, who has covered the industry for more than two decades, discusses whether or not the good news in ...
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White House: The GM and Chrysler Bailouts Created 55,000 Jobs
Obama visits Detroit today to bolster his claims that the $86 billion spent to rescue GM and Chrysler from oblivion was well worth the jobs it has put people into, and the million or more the government says it has saved. Continue ...
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American Automaker VPG Debuts First Purpose-Built Wheelchair Accessible Car
With 1.5 million converted vehicles in operation in the US, VPG is hoping their ground up design is better suited to meet the transportation needs of disabled passengers.
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Obama blasts 'just say no' Republicans in autos victory lap
Obama criticized what he called "the 'just say no' crowd in Washington" for their opposition to bailing out U.S. automakers.Read more...
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UPDATE 1-Obama says U.S. automaker rescues paying off
UPDATE 1-Obama says U.S. automaker rescues paying off
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Tesla founder Eberhard leading VW efforts in Silicon Valley
Many global automakers have research outposts in Silicon Valley.BMWs is one floor of an unremarkable office building in downtown Palo Alto, while Volkswagens much larger Electronics Research Laboratory (ERL) occupies a whole building in an office .
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Toyota recalls 2000-2004 Avalons
WASHINGTON, July 30 (UPI) -- Toyota Motor Corp., which has had a series of recalls, is now recalling 372,593 Avalons due to a steering problem, U.S. regulators announced. Toyota - Toyota Avalon - auto - Makes and Models - Recreation
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Porsche to take on Tesla's electric sports car
Porsche has revealed plans to develop its own all-electric sports cars that will see the German luxury automaker compete against Tesla.Porsche is testing its electric motors with three research vehicles -- currently being put through their paces in ...
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GM to boost Chevy Volt production
General Motors announced Friday that the automaker has raised its planned production of the Chevrolet Volt electric car to 45,000 in 2012.
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GM to boost Volt output 50 percent for 2012 on buyer demand:
General Motors said today that buyer interest in the new Chevrolet Volt has prompted the automaker to boost 2012 production plans for the plug-in hybrid to 45,000 units from 30,000.
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Chrysler profitable, no rush to IPO: CEO
DETROIT (Reuters) - Chrysler, the No. 3 U.S. automaker, would be profitable on a net basis if it were not for the interest costs of loans remaining from its bailout, the automaker's chief executive said on Friday.
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Automakers Rev Up Sales Incentives
Rebates and 0% financing are in the offing -- but they probably wont last long.
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White House touts Detroit success story
The Big Three automakers have all announced quarterly profits for the first time in 6 years, and the White House is making sure we know it
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Obama: Auto Industry Bailout To Be Repaid To Taxpayers
One year ago, America's automakers were facing one of the worst sales slumps to ever hit the industry, the effects of which even caused two of them to file for bankruptcy. In response, the government attempted to bailout struggling firms in the auto ...
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Toyota Sterring Issue
Toyota has now issued yet another recall of over 400,000 Avalon and and 39,000 Lexus LX470 vehicles. Why?The Japanese automaker announced the latest Toyota recall Thursday, after receiving reports of at least three automobile accidents involving ...
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Volvo sale to Geely to close next week?
Filed under: China , Europe , Volvo , Earnings/Financials , LuxuryVolvo may finally part ways with Ford by the end of next week. The Detroit Free Press reports that the Blue Oval is aiming to close its $1.8 billion sale of the Swedish automaker to ...
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CA-CANADA Summary (Reuters)
Reuters - Proposed Canadian regulations to cut emissions from cars and trucks may have little to no effect as early "action credits" banked by automakers may be able to carry them through the compliance period, an environmental think tank said on Thursday.
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Report: Toyota dropping 4Runners 4-cylinder
According to sources within Toyota Motor Company, the 4Runner will see the end of the four-cylinder engine for the 2011 model year. Toyota - Toyota 4Runner - Makes and Models - Recreation - Autos
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White Houses Gibbs Blasts Rush Limbaugh to Defend Federal Automaker Takeover
Newsbusters, by Katie Bell Posted By: Rufus2007- Fri, 30 Jul 2010 00:34:12 GMT What is it with this White House and publicly calling out conservative talk show host Rush Limbaugh? If you recall, back in January 2009 President Barack Obama told ...
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Ford's Sale Of Volvo To Geely Is Expected To Close Next Week
We haven't heard much lately about Ford's sale of Volvo to Chinese automaker Geely. We've been hoping things were on-track, but given all the trouble GM had offloading HUMMER to Sichuan Tengzhong -- namely financing, approval from the Chinese ...
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As Automakers Move Focus To Smaller Cars, Entry Segment Lags
With the landslide of all-new small cars being introduced this year and over the next several model yearsincluding the 2011 Ford Fiesta, 2011 Mazda2, and 2012 Fiat 500you might assume that small-car sales are going strong, and that the forecast for .
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Summary Box: Palladium rises on auto sales gain
PALLADIUM MARCH: Palladium settled higher Thursday after a parade of automakers reported stronger second-quarter sales. Palladium is used in automobile catalytic converters.
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Toyota Recall: What the Automaker is Fixing Now
Toyota is voluntarily recalling 373,000 Avalon sedans to fix a steering problem.
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Feds: 55 Models For 2011 To Be Tested For Revamped 5-Star Ratings
For safety-conscious car shoppers, it's been more than a little daunting over the past couple of model years to tell the difference between the safest models on the market and those that are merely good. Every automaker, it seems, has a five-star ...
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Canada think tank sees loophole in emissions plans (Reuters)
Reuters - Proposed Canadian regulations to cut emissions from cars and trucks may have little to no effect as early "action credits" banked by automakers may be able to carry them through the compliance period, an environmental think tank said on Thursday.
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Toyota recalls 412,000 cars in US, mostly Avalons
Toyota is recalling 412,000 passenger cars, mostly the Avalon model, in the U.S. for steering problems in which three accidents have been reported, the automaker said Thursday.
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Report: All-new Tundra to bow 2014
Inside sources have revealed that Toyota intends to continue on with the Tundra after this model's lifespan is up, despite sales falling far below initial goals. Toyota - ToyotaTundra - Tundra - Recreation - Makes and Models
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Nissan hosts truck rally
Nissan is busy designing and engineering the next-generation Titan half-ton pickup, but that doesn't mean existing owners are being left behind. The automaker recently hosted its first Nissan Truck Rally in Texas for current Titan and Nissan Frontier ...
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Hyundai Hits Record Profit on U.S. and China Demand
SEOUL (Reuters) - Hyundai Motor Co, South Korea's top automaker, warned global car demand will likely ease in the second half due to a slowdown in key markets such as China, Europe and the United States, sending its shares lower.
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Hyundai Motor 2Q net profit soars to record $1.2B (AP)
Hyundai Motor Co.'s second-quarter profit soared 71 percent to a record high on a double-digit jump in global sales. South Korea's biggest automaker said it earned 1.39 trillion won in the three months ended June 30.
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