| Obama drops car czar plan for government task force |
Feb 16th, 2009 |
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US President Barack Obama has decided to scrap plans for an industry “car czar” to instead form a government task force to oversee the restructuring of the struggling US car manufacturing ...
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| Accelerating Toyota forced to downshift |
Feb 16th, 2009 |
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Figures for just the past five years show how much Toyota Motor Corp. has prospered. During that period, the carmaker continued to post record sales, profits, production and sales units, ultimately ta...
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| Spotlight on the Mitsubishi electric car |
Feb 16th, 2009 |
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Electric cars are not new but climate change and an upwards trend in fuel prices has provided fresh motivation to build and sell them. Breakfast explores the Mitsubishi 1M1EV prototype electric car
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| Kia Forte Takes on the Competition |
Feb 16th, 2009 |
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Kia's new entry in the compact-car segment is the Forte, and it will replace the Spectra when it goes on sale this summer. It faces strong competition from the Honda Civic, Ford Focus and Toyota C...
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| GM, Chrysler gain traction in UAW talks |
Feb 16th, 2009 |
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DETROIT (Reuters) -- Negotiators for General Motors Corp. and Chrysler LLC. were making progress Monday in high-stakes talks with the United Auto Workers union aimed at cutting the automakers' costs a...
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| Obama names Geithner, Summers to head auto team |
Feb 16th, 2009 |
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President Barack Obama opted against naming a "car czar," instead asking Treasury Secretary Timothy Geithner and White House economic advisor Lawrence Summers to head a task force on revamping the U.S...
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| 2009 Honda Accord Euro Review & Road Test |
Feb 16th, 2009 |
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Honda’s engineers would have been left scratching their heads when management asked them to improve on the previous Accord Euro. It’s pretty hard to improve on a car that is technically so good. ...
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| Auto restructuring plan will not create |
Feb 16th, 2009 |
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Washington: Treasury Secretary Timothy Geithner and White House economic adviser Lawrence Summers will lead a US task force to restructure the auto industry without creating a "car czar", ac...
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| Brembo to lay off 1840 employees |
Feb 16th, 2009 |
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The flow on effect of the economic crisis through to the automotive sector’s smaller suppliers is starting to become more evident with Italian premium brake manufacturer Brembo to lay off 1,840 ...
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| Toyota to cut output 54% |
Feb 16th, 2009 |
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The company's output, excluding its Daihatsu Motor Co. and Hino Motors Ltd. units, will drop to about 519,000 vehicles in the three months ending in March, compared with 1.13 million a year ago, accor...
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