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NewsChrysler will file for Chapter 11 bankruptcy
Chrysler will file for bankruptcy after talks with a small group of creditors crumbled just a day before a government deadline for the automaker to come up with a restructuring plan, President Barack Obama said Thursday. The Obama administration said it had long hoped to stave off bankruptcy for the …
NewsHonda Canada commemorates milestone of 5 millionth vehicle made in Canada
Honda Canada Inc. today commemorated the 5 millionth vehicle made in Canada at its Honda of Canada Mfg. vehicle manufacturing facility in Alliston, Ontario. This milestone reflects Honda's commitment to Canada since it began manufacturing vehicles here 23 years ago. The 5 millionth vehicle built - a 2009 Honda Civic …
NewsManufacturers React to Swine Flu
It’s all too easy to think of the automotive marketplace and industry as a completely insular world, affected only by such abstract nouns as “the economy” and such. However, as the ongoing swine flu outbreak has taught us, it’s anything but, as Honda and Denso have both already restricted international …
NewsGM to cut 21,000 US factory jobs, shed Pontiac
General Motors Corp. said it will cut 21,000 U.S. factory jobs by next year, phase out its storied Pontiac brand and ask the government to take more than half its stock in exchange for half of GM's government debt as part of a major restructuring that would leave current shareholders …
NewsAston Martin tests V12 Vantage at Nurburgring Endurance Event
It’s almost de rigueur for manufacturers to take their performance-themed automobiles to the Nurburgring for testing. Porsche and BMW have used the punishing circuit for decades, and it hasn’t taken long for other manufacturers to see the benefit of testing on the world’s fastest public road. However, Aston Martin is …
NewsGeely Denies Rolls Royce Mimicry
Chinese car companies are well known for their oftentimes obvious mimicry of better known brands, with the best brands being the most often copied. And of course, Rolls Royce is truly the crème de la crème of luxury motorcars, so it comes as no surprise that Geely, one of China’s …
New ModelsNissan Canada Announces Pricing on the All New 2009 cube
Nissan Canada Inc. (NCI) today announced pricing on the all new 2009 Nissan cube(R), on sale across Canada for the first time this spring. With an MSRP of $16,998, the base model is already fully loaded with standard equipment rarely offered in the entry-level market including air conditioning, privacy glass, …
New ModelsMercedes Centennial Celebration Surprisingly Low Key
When a manufacturer or nameplate celebrates a large birthday, it’s usually big news. When GM celebrated their 100th, Ford spelled out “Happy 100 GM” with their office’s lights at nights, while Ford themselves recently made big news of their 125th anniversary. So you’d think that something as monumental as a …
NewsZoom-Zoom Evolved: Mazda Takes Consumers on Futuristic Thrill Ride
Mazda Canada Launches Alternate Reality Game "33 Keys" - Gives Players a Chance to win a 2010 MAZDA3. Time travel, secret police, underground rebellions and an evil empire hell-bent on enslaving mankind to a lifetime of conformity. While it may sound like the ingredients to this summer's latest blockbuster, it's …
New ModelsPorsche Panamera four-door sports car debuts today
First All-New Porsche in Seven Years Poised to Set New Standards in the Premium Sedan Segment Porsche today officially unveiled its Panamera four-door performance car. The first all-new, built-from-the-ground-up vehicle from the German manufacturer since the debut of the Cayenne in 2002, the Panamera was presented at the Shanghai motor …
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