General Motors has named Stephen Girsky vice chairman, corporate strategy and business development. Girsky, 47, will remain on the GM board to which he was appointed last July.
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The 'Proton Concept' car, to be unveiled at the Geneva Motor Show next week, will showcase an advanced series hybrid drivetrain, designed and developed by Lotus Engineering.
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China's BYD aims to boost its car exports this year to feed improving demand in a recovering global economy. BYD aims to sell its clean-technology cars in Western Europe next year, following plans to export electric cars to the U.S. later this year.
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BMW Group has confirmed that it is developing BMW Plant Leipzig to produce an electric vehicle while also making additional investments in a number of facilities in Bavaria.
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Continental held out the prospect of a return to an underlying profit this year, as it battles the effects of the global auto downturn and its own multi-billion euros debt load.
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Electricity prices and labor costs in euro zone member Slovenia are too high, the local unit of French car maker Renault SA said. "A comparison of electricity costs among factories in the Renault group shows that we are among the most expensive ...
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China's biggest automaker, SAIC Motor Corp. today said it had won approval from the Chinese stock regulator to acquire a 1 percent stake in its Shanghai 50-50 car venture with General Motors Co.
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China's Tengzhong could use an offshore investment vehicle to buy GM's Hummer brand if it fails to win Chinese regulatory approval for the ambitious but controversial plan that has met with cooling government appetite.
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Turkish automaker Tofas beat forecasts with a 105 percent rise in 2009 net profit to 360 million lira ($239 million) on sales up 6 percent to 5.10 billion ($3.34 billion.) Tofas had been forecast to make a 293 million lira ($192.2 million) profit.
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China's biggest automaker, SAIC Motor Corp. today said it had won approval from the Chinese stock regulator to acquire a 1 percent stake in its Shanghai 50-50 car venture with General Motors Co.
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Drew Blickensderfer, formerly Matt Kenseth's crew chief until last week, will be back be on the pit box, but in the Nationwide Series starting this weekend at Las Vegas.
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"Usually reliable sources" have just told us that ten-time Canadian road racing and trials champion Jordan Szoke will take part in the 2010 championship.
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N.Technology is taking on a new technical challenge for 2010 with the design and development of the racing version of Porsche´s latest car: the Panamera S.
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The yearly event held by the American Cavallino Magazine starts off with private test and racing days at the Palm Beach International Raceway (formerly Moroso Raceway), and ends on Saturday with the prestigious Cavallino Classic Concorso d'Eleganza.
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Conquest Racing has signed young Brazilian driver Mario Romancini as a full-time entrant for the IZOD IndyCar Series in 2010.
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The colognE-mobil project will initially emphasise commercial vehicle application of pure electric powertrains, and Ford's participation furthers the company's commitment to accelerate the introduction of electric powertrains for a broad range of vehicles.
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Detroit - General Motors and Spyker Cars NV today announced that they have finalized the deal for Spyker to purchase Saab Automobile AB.
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The famed Scuderia Ferrari, the only team to have competed in the F1 World Championship since its inception in 1950, has attacked the FIA's push to bring new teams into F1, in the wake of the problems currently surrounding Team US F1 and Campos Meta.
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Based on the forecast for lower than normal temperatures in the Birmingham, Alabama area this week, the FAZZT Race Team and driver Alex Tagliani have made the decision to forgo the IZOD IndyCar Series Open Test.
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EJ Viso has been officially confirmed as part of the KV Racing Technology line-up along with newcomer and former Formula 1 driver Takuma Sato for this year's IZOD IndyCar Series.
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