| Linea sedan to cost Rs 6.20-8 lakh |
Jan 8th, 2009 |
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MUMBAI: Italian auto major Fiat India is expected to price its mid-sized Linea sedan at Rs 6.20-8 lakh for the petrol version and Rs 7.30- 9 lakh for the diesel variant. This C segment sedan wil...
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| 2009 Ford F-150 earns top 5-star crash ratings |
Jan 8th, 2009 |
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– The 2009 Ford F-150 has received the hightest possible scores of 5-star ratings in both frontal and side-impact National Highway Traffic Safety Administration (NHTSA) crash tests, in addition ...
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| Audi sells more than 1M cars in 2008 |
Jan 8th, 2009 |
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BERLIN -- German automaker Audi AG said Thursday it sold a record of more than 1 million vehicles globally in 2008, up 4.3 percent from the previous year despite the global financial crisis and a toug...
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| Fiat announces white-collar layoffs |
Jan 8th, 2009 |
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MILAN, Italy -- The Italian automaker Fiat Group SpA's layoff plans are now hitting white-collar workers. Fiat informed unions this week that 1,800 white-collar workers will be temporarily laid off fo...
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| Ottawa looks to prop up auto leasing |
Jan 8th, 2009 |
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OTTAWA and TORONTO The federal government plans to unveil measures to boost consumer financing for car loans and leases in its upcoming budget, a move aimed at further propping up the battered ...
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| Auto execs expect more bankruptcies |
Jan 8th, 2009 |
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NEW YORK (CNNMoney.com) -- More than three out of four auto executives expect more bankruptcies in their industry, according to an annual survey by audit and accounting firm KPMG LLP.The survey of 200...
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| Ssangyong board gathers amid strike threat |
Jan 8th, 2009 |
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SEOUL, South Korea -- Troubled Ssangyong Motor Co.'s board of directors gathered in China on Thursday as the company's labor union mulled when to count ballots that could lead to a strike. Ssangyong, ...
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| Toyota asks workers to lower pay |
Jan 8th, 2009 |
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said Thursday it is negotiating with its workers in Japan to slash salaries as it stops production to adjust to slumping global demand. Toyota spokeswoman Ririko Takeuchi said the size of the cut i...
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| Wagoner, Gettelfinger on |
Jan 8th, 2009 |
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WARREN -- General Motors Corp. is spending the first piece of $13.4 billion in federal loans on paying suppliers, bills, salaries and investing in new products, CEO Rick Wagoner said this morning duri...
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| No need to cut benefits to retirees |
Jan 8th, 2009 |
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All Associated Press news NEW YORK (AP) - General Motors Corp. Chief Executive Rick Wagoner said Thursday the Detroit automaker can survive long-term without cutting benefits to retired workers.Wagone...
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