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BMW, SGL to Make Carbon Fiber Components
October 30, 2009 - In an newly announced joint venture, BMW and the SGL Group will build two plants in the United States and Germany to make carbon fiber components for the BMW Megacity, a planned electric vehicle.
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Improved Auto Sales Fuel 3Q Economic Growth
October 29, 2009 - The economy's 3.5 percent improvement in the third quarter of 2009 is largely attributable to increased auto sales from the popular "cash for clunkers" program that ended in August.
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Chinese Company to Acquire Volvo from Ford
October 28, 2009 - After initially putting the Volvo brand on the market in December 2008, Ford has named the Geely Group Holding Co. of China as the preferred bidder.
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Fisker Automotive Slated to Buy Shuttered GM Plant
October 27, 2009 - Fisker Automotive is set to pay $18 million for a General Motors plant in Delaware that will then be re-tooled and manned with a UAW workforce for the production of a plug-in hybrid sedan.
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2010 Dodge Rams Coming in for Less than 2009 Offerings
October 26, 2009 - The 2010 Dodge Ram 2500 and 3500, set to appear on showroom floors in November, will carry lower sticker prices for the base models than their 2009 predecessors.
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Impending Demise of Chrysler Financial Justifies Salaries
October 25, 2009 - Given the planned demise of Chrysler Financial in 2011, the Obama administration's pay czar has granted larger salaries to the company's employees because stock options are not an available alternative.
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Analysts Predict Economic Indicators Point to Recovery
October 22, 2009 - Both CSM Worldwide and J.D. Power have issued U.S. auto sales forecasts for 2010 that signal a recovery for both the car industry and the broader economy.
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Nissan Turning Around Its Financial Losses
October 21, 2009 - Colin Dodge, the Nissan vice president charged with stopping the company's crippling financial losses is ready to declare the effort a complete success.
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Ford Expected to Beat 3Q Earnings Estimates
October 20, 2009 - According to an analyst at Barlays Ford should exceed third quarter earnings expectations, further strengthening its competitive position relative to General Motors and Chrysler.
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Three-Wheeled Vehicles to Be Eligible for Federal Funding
October 19, 2009 - A modification of eligibility rules for a Department of Energy program will allow carmakers like Aptera and Elio to apply for federal funds to develop fuel efficient three wheeled vehicles.
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GM Near to Inking Deal to Sell Opel
October 16, 2009 - If all goes as planned, GM will sign a deal next week to sell a majority share of Opel to Canadian supplier Magna, in partnership with the Russian firm Sberbank.
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Buick Regal Nameplate Returning After Six Years
October 15, 2009 - In its ongoing bid to capture a younger, trendier audience, Buick will revive the Regal name for a new sedan.
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Ford Issues Largest Recall in U.S. History
October 14, 2009 - Ford has issued a recall affection 4.5 million vehicles to repair a defective cruise-control deactivation switch.
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GM Revamps Four Plants, Restores 500 Jobs
October 13, 2009 - General Motors will invest $230 million in four plants around Flint, Michigan for the production of the Cruze compact and Volt plug-in hybrid.
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Nissan to Recall Select Models for Tire Monitoring System Fault
October 12, 2009 - The National Highway Traffic Safety Administration has announced a recall of select Nissan models to address a fault in the tire-pressure monitoring system.
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Audi to Produce ETron All-Electric Sports Car
October 09, 2009 - After creating a sensation at the Frankfurt Motor Show in September, Audi has confirmed that its all-electric sports car, the Etron, will go into production.
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GM Sells Excess Brands, Works on Market Share
October 08, 2009 - Although GM has not been able to sell its Saturn brand, the impending transfer of Hummer and Saab will take the company much closer to its restructuring goals.
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LaNeve to Leave General Motors
October 07, 2009 - Effective October 15, 2009, Mark LaNeve, head of sales for General Motors will resign to pursue interests outside the automotive industry.
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Chrysler and Lancia Brands to Merge in Europe
October 06, 2009 - The appointment of Olivier Francois to head the Chrysler brand will presage a merging of the Chrysler and Lancia brands in Europe.
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Chrysler Announces Internal Leadership Changes
October 05, 2009 - Chrysler has announced the replacement of both its Dodge and Chrysler brand CEOs in further post-bankruptcy strengthening.
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September Auto Sales Slump as Federal Program Ends
October 02, 2009 - With the conclusion of the federal cash-for-clunkers program, Chrysler and General Motors saw a sales slump of more than 40% for September.
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Bly Becomes Head of Chevy Volt Project
October 01, 2009 - Following the resignation of Bob Kruse, Micky Bly has assumed the directorship of the Chevrolet Volt, a plug-in hybrid scheduled to launch late in 2010.
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