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2 million extra doors was the best call Daimler made during 'marriage of equals'
It's easy to criticize the way Daimler AG ran and ultimately left Chrysler during the disastrous "marriage of equals" era. I know because I've done it on a regular basis. But even the worst marriages can produce spectacular kids -- or in this case, products. And today, the 1 millionth copy of one
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Nissan lures feathered pickup customers with fish, no rebates
If Nissan Motor Co. wants to portray its made-in-the-U.S.A. Frontier compact pickup as more, well, American, maybe the company's marketing team should take a gander at YouTube. The video below has generated more than 281,768 views since it was loaded last week. Here's what the voiceover could say
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In the Land of Many Buicks, one in particular stood out
SHANGHAI -- If you were an alien from another world and your spaceship landed in Shanghai, you would immediately conclude that Buick is a planetary titan among automotive brands. Buick is the third-leading brand in China behind Volkswagen and Hyundai through March with 5.3 percent of the market, ...
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UAW study chides Nissan for tax breaks at Miss. plant
NASHVILLE -- A research study commissioned by UAW labor organizers claims that Nissan Motor Co. could receive four times the previously reported level of state and local incentives and tax breaks to operate its assembly plant in Canton, Miss. According to the study by the Washington-based Good Jobs
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The death of driving? Don't make any funeral plans
You know that study that just came out declaring "the end of the driving boom," because Gen Y supposedly doesn't care about cars? Ignore it. The 69-page study by the Frontier Group and the Public Interest Research Group is just another case of inside-the-beltway thinking attempting to drive public
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Dow Chemical ordered to pay $1.2 billion in urethane price-fixing probe
KANSAS CITY, Kansas (Reuters) -- A federal judge in Kansas City, Kansas, ordered Dow Chemical Co. to pay $1.2 billion in a price-fixing case involving chemicals used to make foam products in cars, furniture and packaging, according to court documents. Dow was one of several chemical company ...
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VW, GM, others get unexpected boost in China
BEIJING (Bloomberg) -- A surprise policy shift in China is expected to give a boost to Volkswagen Group, General Motors Co. and other foreign automakers planning to expand in the world's largest car market. China said it will encourage foreign investment in vehicle manufacturing in its western ...
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Russian car sales down 8% in April
MOSCOW (Reuters) -- Russia's year-on-year car sales fell 8 percent in April after a decline of 4 percent in the previous month, the Association of European Businesses (AEB) said. "Typically for the Russian market, April sales exceed March level ... This year we see basically no uplift, showing the
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Europe car sales rise for first time in 19 months
MILAN (Bloomberg) -- European car sales rose for the first time in 19 months on strong demand in the UK and a rebound in Germany, amid signs that governments may take measures to stem a contraction in the economy of the countries using the euro. Registrations in April increased 2 percent to 1.08 ...
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PSA workers end four-month strike over car plant closure
PARIS (Reuters) -- Workers at a PSA/Peugeot-Citroen factory near Paris have agreed to end a four-month strike in protest at its planned closure. The staff on strike will return to work next week, said Jean-Pierre Mercier, who represents the CGT union at the Aulnay plant. He said PSA had agreed to
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New S class key to boosting Mercedes profit margins, China sales
SHANGHAI (Bloomberg) -- Daimler CEO Dieter Zetsche was leaning back in the rear seat of a prototype Mercedes-Benz S-class sedan in 2010 when he realized it didn't recline far enough. With wealthy consumers accustomed to sumptuous airline seats, he figured Mercedes needed to approach that level of
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Jaguar ponders XQ name
Based on documents submitted to the U.S. Patent and Trademark Office, Jaguar may name the all-wheel-drive compact crossover it has in the works the XQ, and call a new compact sedan the Q-Type, according to news reports. Dealer sources say the small crossover likely would compete with the Audi A5 ...
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In boost to EVs, report sees surge in charging outlets worldwide
The steady growth in sales of electric vehicles and plug-in hybrid vehicles, along with public and private investment, is expected to drive a sharp rise in the number of charging stations worldwide by 2020, a new study says . The study, released today by IHS Automotive, estimates that the gradual
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Average wholesale used-vehicle prices, April
Average wholesale used-vehicle prices, April Web Average wholesale used-vehicle prices, April Average Prices Unit) Latest Month Versus: Apr-13 Mar-13 Apr-12 Prior Month Prior
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Skoda's global April sales hit by switch to new Octavia
PRAGUE (Reuters) -- Skoda's global sales fell by 4.6 percent to 77,600 in April due to a switch to a new Octavia compact model and continued weak demand in some European markets, the carmaker said today. Skoda, the Czech Republic's largest exporter and a unit of Germany's Volkswagen Group, is seen
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GM shares return to $33 IPO price on optimism for truck sales
DETROIT (Bloomberg) -- Shares in General Motors topped its $33 initial public offering price for the first time in more than two years as the automaker prepares to introduce redesigned full-sized pickups. GM shares closed up $1.03, or 3.2 percent, at $33.42 in New York Stock Exchange trading today
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Tesla expands share, debt offering to repay U.S. loan, hike cash
(Bloomberg) -- Tesla Motors Inc. increased the size of its equity and debt offerings by 30 percent to as much as $1.08 billion to repay its U.S. loan and build up cash reserves. The company said in an SEC filing that it plans to sell as many as 3.9 million shares for $92.24 apiece. Tesla CEO Elon
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European car sales post 1st gain in 19 months
MILAN, Italy (Bloomberg) -- European car sales rose for the first time in 19 months as a gain in consumer sentiment in countries using the euro led to rebounds in Germany and Spain. Registrations in April increased 2 percent to 1.08 million vehicles from 1.06 million cars a year earlier, the ...
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Audi Q7 will shed weight
INGOLSTADT, Germany -- The redesigned Audi Q7 that debuts next summer in Europe will weigh about 363kg less than the current model, company insiders told Automotive News Europe sister publication Automobilwoche . The company sources said Audi is also planning a hybrid version of the next-generation
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U.S. medium and heavy truck sales, April and YTD
U.S. medium and heavy truck sales, April and YTD U.S. medium- & heavy-truck sales, April & 4 mos. April 4 mos. April April percent 4 mos. 4 mos. percent 2013 2012 change 2013 2012 change Dodge Class 5* 1,116 507 120% 2,326 3,408 –32% Class 4 2,853 1,310 118 8,345 5,247 59 Class 5 3,187 2,447 30
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New S class key to boosting Mercedes profit margins, China sales
SHANGHAI (Bloomberg) -- Daimler AG CEO Dieter Zetsche was leaning back in the rear seat of a prototype Mercedes-Benz S-class sedan in 2010 when he realized it didn't recline far enough. With wealthy consumers accustomed to sumptuous airline seats, he figured Mercedes needed to approach that level
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Fiat: Shift of headquarters to U.S. not on agenda
(Reuters) -- Fiat S.p.A. said the idea of moving the group's legal headquarters to the United States following a planned merger with Chrysler Group is not on the company's agenda. "This issue, treated several times in the last year by the world's media, is not the order of the day as the Chief ...
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Jaguar launches plan to spruce up U.S. stores
Jaguar is rolling out a plan to refurbish its U.S. dealerships in preparation for a wave of new products. Regional Jaguar teams are going "door-to-door" to discuss the new corporate identity standards, starting with about 50 older stores, said Andy Goss, CEO of Jaguar Land Rover North America. He
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VW Group sales increase 7% in April
FRANKFURT (Reuters) -- Volkswagen Group's global monthly sales picked up pace again in April after growing at their slowest rate in more than three years a month earlier. VW Group said on Friday that deliveries to customers rose 7 percent to 784,600 vehicles last month. In March, sales had edged up
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Incisent Labs' Pat Ryan on Gen Y Shopping Habits
Gen X and gen largest and fastest growing group of buyers. In it in the country are buying differently than the way I think people have historically the idea that behind Arnold turns out to not represent the way these people shop online. And some of the important takeaways about how to shop. Really
start what that's like hypothesis is releasing them I think these are cars computers and wanna go online and learn more. And then go online and learn more useless things lot earlier a lot more than
