Every August, about 15,000 of America's wealthiest car buffs stroll the misty golf greens of Pebble Beach in Guccis, sipping chardonnay and admiring lovingly restored, flapper-era Morgans and Rolls-Royces and pre-war Bugattis.
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Its image still bruised by driver complaints about unintended acceleration, Toyota Division has decided to revamp its marketing message and shift the focus to safety in a big way, top executives said last week. Toyota Motor Sales U.S.A.'
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Don Lee thinks he can make money with Fiat and Alfa Romeo at a vacant showroom next to his dealership.
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No surprise: August's 21 percent auto sales drop, to the lowest level for the month in nearly 30 years, was dismal. Last month's numbers were dragged down by comparison with August 2009, when sales soared because of cash for clunkers.
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PSA is looking to export cars from China to Russia, its Asia chief Gregoire Olivier said.
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China's car market will continue to grow this year but may not sustain the breakneck pace of last year, the CEO of Ford Motor Co.'s China car venture said on Saturday. "Overall this year versus last year, there will still be growth.
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Kia and Hyundai are in talks with IzhAvto to build cars at the Russian company's plant. IzhAvto has an annual capacity of about 220,000 cars.
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Volkswagen has recruited Giovanni Perosino, a top Fiat executive, to help oversee the marketing strategy of its growing number of brands. VW aims to topple Toyota as the world's No.
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The Obama Administration initially wanted Nissan-Renault CEO Carlos Ghosn to run GM after Rick Wagoner was ousted in 2009, and repeatedly pressed Fiat to put up cash for a stake in Chrysler, according to an upcoming book about the government bailout...
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Former GM CEO Fritz Henderson has been tapped to become CEO of SunCoke Energy following its separation from Sunoco next year.
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Chrysler Group's 7 percent sales increase in August bucked the industry's 21 percent tumble. There are several reasons Chrysler was able to enjoy its fifth straight month of year-over-year sales increases.
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Sales of certified used vehicles fell 10 percent last year, to 1,528,487 units. The drop followed seven years of solid growth. But certified sales though July this year rebounded 1 percent to 953,764 from the same period last year.
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It is now clear that next year's formula one tyres will be identical to the ones used in the feeder series GP2.
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The annual formula one calendar should be shifted in order to give team staff a more suitable period of holidays at year's end.
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Luca di Montezemolo has been challenged to pledge his support or otherwise to Italy's historic grand prix venue Monza.
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For the past few months Tony Stewart didn't appear to be making headlines. He did keep his head down and quietly made the Chase for the NASCAR Sprint Cup.
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Dean Stoneman won both rounds presented at Oschersleben. With only two races remaining, he moved closer to the title.
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Williams could be set to supply its hydraulic systems to F1's small new formula one teams.
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The arrival in formula one of Swiss bank UBS is helping Williams in its search for a new major sponsor for 2011.
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Formula one costs more than expected, according to Renault's new majority team owner Gerard Lopez.
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