Automotive Industry

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Ford unveils solar powered car – the Ford C-MAX Solar Energi Concept

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Ford has teamed up with the Georgia Institute of Technology and SunPower to develop a hybrid car which powers itself using solar energy (also...

FIAT to buy rest of Chrysler

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Italian car company FIAT, which already owns a majority stake in the American automobile maker Chrysler, says it plans to buy the remaining 41%....
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Ford is now the best selling car brand in America

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Ford was North America's best selling car brand in 2013.  The company announced that it managed to sell over 2.4 million vehicles in the North American...
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Audi launches a $30.4 billion five year investment project

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Audi has just launched a $30.4 billion five year investment project. The company stated that the investment will be used for the development of new...
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What are the biggest automobile companies?

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This information article provides details on what are considered to be the biggest automobile companies in the world. The first ranking in this article...
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GM bailout cost taxpayers $10.5 billion

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The GM bailout is over, the US Treasury, which started off with 500 million GM shares of common stock in 2010, sold of the...
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US November auto sales beat expectations

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US November auto sales exceeded estimates by experts throughout the industry, with Chrysler Group reporting a 16% increase in deliveries of cars and trucks,...
Saab

SAAB restarts producing cars in Sweden

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Saab has restarted producing cars, Chinese-Swedish investment group, National Electric Vehicle Sweden (Nevs) has announced. Production resumed at Saab’s Trollhattan factory in western Sweden. In December, 2011,...
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BMW profits fell in car division

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During the third quarter of this year, BMW profits fell in its car division. The company says the fall is due to a “challenging” European...
vehicle sales

U.S. car sales are strong for General Motors, Chrysler, and Ford

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The American car industry is performing remarkably well following some very impressive car sales reports in October (despite the shutdown) for Chrysler, Ford, and...