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Koenigsegg backs out of plan to buy Saab from GM

Koenigsegg backs out of plan to buy Saab from GM

General Motors Co. says a Swedish specialty car maker has ended plans to buy GM's Saab brand....

 

Cars are approaching ‘auto’ pilot mode

A new breed of prototype automobile can drive without the help of unreliable humans, and major car companies are paying attention.

 

U.S. August auto sales boom but clunker hangover looms

U.S. auto sales boomed in August as consumers burned through $3 billion in government incentives, leaving automakers to contend with both inventory shortages and uncertain demand in the months ahead.

 

S. Korean police storm occupied auto factory

S. Korean police storm occupied auto factory

Helicopter-borne police commandos fought a pitched battle with militant strikers at an ailing South Korean automaker Wednesday, ...

 

As Cash for Clunkers Starts, Car Dealers Hope to Clear Their Lots

Facing a glut of unsold 2009 inventory, automakers and car dealers hope the government incentive can help them reduce supply before 2010 models arrive.

 

New Prius Orders Soar To 180,0000

Toyota Motor Corp. got 180,000 orders for the new Prius hybrid in Japan in just a month, far surpassing its target of 10,000 vehicles in monthly sales, the automaker said Friday.

The third-generation Prius, which rolled out a month ago, has been a big hit here, partly because of tax-breaks and other new government incentives that are meant to perk growth during the nation's downturn.

 

Can U.S. Automakers Inspire Confidence?

No question is more critical to their survival. And despite what GM's new CEO says, bankruptcy won't help.

 

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