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F-1 racing boss Ecclestone denies bribing German banker, lawyers say
… banker during the 2005-2006 sale of a stake in the motor racing business, after a newspaper reported he had been charged by prosecutors. German newspaper Sueddeutsche Zeitung reported on Wednesday that prosecutors had charged the 82-year …
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BMW invests 3 billion euros in EVs, report says
… electric vehicle lineup, funding the "i" subbrand with earnings from its booming business in China, a German business newspaper reported. Handelsblatt said today the sum, which covers 2011 through 2013, is based on calculations it made with the bank …
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VW confirms report it will build factory in Changsa, China
… Saturday. The factory will be built with joint venture partner SAIC, and production is set to start as soon as 2016, the newspaper said, without citing sources. A formal announcement is expected as soon as Wednesday, the paper added. Volkswagen was …
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BMW under inspection in India after report of tax probe
MUMBAI (Bloomberg) -- BMW says it is cooperating with Indian authorities after a newspaper reported the carmaker is being investigated for possibly owing $120 million in taxes. "An inspection is in process by the authorities …
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Tesla shares surge 24% after 1st quarterly profit
… told Bloomberg Television it trimmed Tesla's stock-market value by as much as $100 million. The public editor for the newspaper said its reporter didn't use good judgment and "left himself open to valid criticism." Top seller Tesla ended the quarter …
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Mercedes Citan vans recalled over faulty airbags
… unsatisfactory," said Daimler CEO Dieter Zetsche, who also heads the Mercedes cars division, in an interview with German newspaper WAZ last week. "We will of course have to look into this," he said. Daimler and Renault formed an alliance in 2010 to …
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Chevy courts 'girls' on social media
… Fulford, the agency's director of social media. "These women aren't coming to the page because they saw an ad in the newspaper ," Fulford says. "They're coming because we've drawn them to the page. We're feeding them content that's relevant …
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U.S. Targets F&I Products (5/3/13)
… But it just had the authority to find and if it decides they have broken the law. And one more development reported by the newspaper . The Justice Department is investigating dealerships over higher loan rates charged to customers with credits. That word …
have broken the law. And -- one more development reported by the newspaper . The Justice Department is investigating dealerships over higher loan rates charged to customers with -- credits. That word coming from John Siewert -
GM, PSA study alliance on vans outside Europe, report says
… Motors Co. and PSA/Peugeot-Citroen are studying an alliance to sell large commercial vans outside of Europe, a French newspaper said. The partnership would allow PSA to boost sales volumes and reap royalty revenues, according to Les Echos . For GM …
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GM pulls Chevrolet ad that includes song labeled as racist
… song referring to "the land of Fu Manchu" where all of the girls sing "ching, ching, chop-suey," which one Chinese newspaper called racist. "Our intent was not to offend anyone and we're deeply sorry if anyone was offended," GM spokeswoman Ryndee …
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COMMENTARY: A quarter century is a long time
… has met the captains of this industry and made many friends over this quarter of a century. He understands the role of this newspaper and how it and the industry have changed in the past 25 years. Peter Brown has made a great contribution and I wish him well …
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Renault will build next Nissan Micra in France
… The Micra shares a platform with the Clio. The next-generation Micra will share even more parts with the Clio, French newspaper Les Echos reported today. A Renault spokesperson told Automotive News Europe it is too early to say what components the two …
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VW, board member Garcia Sanz under investigation
… in a manner that prevents illegal actions. These rules were also used in the Siemens AG bribery case. Germany's Sueddeutsche Zeitung newspaper reported the compliance probe earlier today. Douglas A. Bolduc contributed to this report
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Daimler said to plan transmission plant in Romania
… Daimler plans a large investment to build transmission components in Romania at the site of an existing joint venture, a German newspaper reported. Daimler's supervisory board is due to lay the groundwork for the investment on Wednesday, Handelsblatt said …
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As retirement approaches, Publisher Peter Brown honors some of the best, and worst, automotive adventurers
… future constantly amazes. Beware of people who claim to know it. I was once the editor of Michigan's northernmost daily newspaper . The first year, it was a fascinating job. The second year was a repeat of the first. The same seasons and festivals and …
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Opel returns to Shanghai auto show with limited ambitions
… To become a big brand (in China) we would have to invest hundreds of millions of euros," Nuemann told Germany's Bild newspaper in a recent interview. "We have other priorities." Opel has distanced itself even from a modest 30,000-vehicle sales …
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Ford, GM Get Team in Gear (4/15/13)
… Churchill night in 1969. Now if first shift freeze frame the police force in Dubai is adding a super car to its fleet. In local newspaper says this 400000. Dollar Lamborghini about a door can reach 217. Miles per hour we're. And birthday to note GM's finance …
in Dubai is adding a super car to its fleet. In local newspaper says this 400000. Dollar Lamborghini about a door can reach 217. Miles per hour we're. And -- birthday to note GM's finance -
Ford, GM Get Team in Gear (4/15/13)
… Churchill night in 1969. Now if first shift freeze frame the police force in Dubai is adding a super car to its fleet. In local newspaper says this 400000. Dollar Lamborghini about a door can reach 217. Miles per hour we're. And birthday to note GM's finance …
in Dubai is adding a super car to its fleet. In local newspaper says this 400000. Dollar Lamborghini about a door can reach 217. Miles per hour we're. And -- birthday to note GM's finance -
Opel to push growth in Russia, Akerson tells paper
… but steer clear of China, GM CEO Dan Akerson told a German newspaper . "For Opel, Russia is of great importance," Akerson told ..... and the United Arab Emirates this year, Neumann told the newspaper . By contrast, boosting exposure in China would cost Opel …
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Ex-Cadillac boss LaNeve takes helm of Lincoln's ad agency
… flowing into dealerships, Lincoln has stepped up its advertising, including TV spots, glossy brochures and full-page newspaper ads. The spokesman said there are now around 4,000 MKZs at dealerships, though some areas have more cars than others …
