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Chinese-Made Cars to be Sold in U.S.
The man who brought the Yugo and Subaru to the U.S. has a new project - becoming the first mass importer of low-cost Chinese-made cars.
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The man who brought the Yugo and Subaru to the U.S. has a new project - becoming the first mass importer of low-cost Chinese-made cars.
The National Highway Traffic Safety Administration collected $10.2 million in civil penalties from automakers and other companies in 2004, the bulk of which was paid by two carmakers for exceeding federal fuel-economy limits. The two car manufacturers, Porsche Cars North America and Ferrari Maserati North America, paid penalties totaling $9...
The number of light vehicles in the United States will grow to 234.4 million units by July 1, 2008, according to a forecast report recently released by R. L. Polk & Co. The report features annual projections of total light vehicles-in-operation (VIO) for the United States. According to the VIO...
General Motors Corp. and DaimlerChrysler AG are teaming up to develop fuel-saving hybrid engines in hopes of cashing in on an expanding market already dominated by hybrid leaders Toyota Motor Corp. and Honda Motor Co. Financial terms of the agreement between GM, the world's largest automaker, and its German-American rival...
Automobile manufacturers sued on Tuesday to block the world's toughest vehicle emissions standards, adopted by California regulators in September to cut greenhouse gases. The manufacturers argue in their lawsuit the standards, which could set a precedent for other states, must by law be the responsibility of the federal government.
The Securities and Exchange Commission, as part of a broad effort to pre-empt another flurry of Enron-style financial trickery, has asked three automotive companies and three other, unnamed companies how they make certain pension fund calculations. The Securities and Exchange Commission, as part of a broad effort to pre-empt another...
A report that ran in the Albuquerque Journal yesterday -- "Ford VIP Sees Service Center Open" -- may shed some light on the OE dealerships' increasing focus on capturing more service business. The article, which talked about the grand opening of a new Ford Quality Care Service Center in the...
In another sign of a sluggish U.S. economy and slumping sales at General Motors Corp. and Ford Motor Co., the automakers said Wednesday they plan to slow down their plants the last three months of 2004 and make about 165,000 fewer cars and trucks than a year earlier. The announcements...
Ford Motor Co. said on Monday it has stopped production at its assembly plant in Georgia for at least a day because of lack of parts. "There is a parts shortage," said Ford spokeswoman Anne Booker. "Production is suspended for today." The plant, based in Hapeville, Ga., makes Ford Taurus...
A federal court has upheld the dismissal of a lawsuit filed by Ford Motor Co. stockholders, accusing Ford of hiding data on the safety of Ford Explorer tires. The plaintiffs claimed Ford omitted information concerning alleged dangers of Explorer models equipped with Bridgestone/Firestone ATX tires when making statements about the...
