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- Porsche investors back $6.5 billion share sale for VW merger
Porsche SE investors approved plans for a 5 billion-euro ($6.5 billion) stock sale to reduce the sports-car maker's debt as it prepares to combine with Volkswagen AG, Europe's largest carmaker.
Переслать - Drugs involved in 1 of 5 fatal U.S. car crashes, safety regulator says
Almost one in five drivers in the U.S. who died in car crashes tested positive for drugs, according to the U.S. highway-safety regulator.Переслать - U.S. may extend review of Toyota's unintended acceleration cases
A review of unintended acceleration incidents in Toyota vehicles by two U.S. agencies may not be released this fall in the U.S. as expected.Переслать - Toyota to fix 650,000 Prius hybrids for heat risk
Toyota will pay to fix about 650,000 Prius models worldwide for a coolant pump glitch that could cause the top-selling hybrid to overheat and lose power. The repair campaign covers Prius cars for the model years 2004 to 2007.Переслать - Akerson: GM looking at ways to double or triple Volt production
General Motors Co. CEO Dan Akerson says the carmaker is studying how it could double or triple production of the new Chevrolet Volt plug-in hybrid should sales demand accelerate.Переслать - Honda slashes base Insight price by $1,600
Honda, giving itself a $4,610 pricing edge over the base Toyota Prius, has added a base Insight hybrid model for 2011 that starts at $18,950, including destination charges.Переслать - U.S. projected loss in bailout falls to $19 billion
The federal government is likely to lose $19 billion, or 24 percent, on its $80 billion bailout of the auto industry, the nonpartisan Congressional Budget Office estimated yesterday.Переслать - Chrysler plans to hire 1,000 more engineers, others, report says
Chrysler Group LLC is planning to hire 1,000 engineers and other skilled workers over the next four months to enhance its small and mid-sized car development efforts, The Wall Street Journal reported today.Переслать - Ex-Delphi CFO: Battenberg 'didn't have a role' in accounting decision
Former Delphi CEO J.T. Battenberg III 'didn't have a role in the accounting' or disclosure of a large payment to General Motors in 2000 that government regulators say was fraudulent, the supplier's former CFO said.Переслать - GM will hire 1,000 engineers to work on EVs
General Motors Co. will hire 1,000 engineers over the next two years to improve technology related to electric vehicles.Переслать
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Hyundai unveiled the 2011 Elantra at the Los Angeles Auto Show in November. U.S. CEO John Krafcik previewed the car earlier at the Hyundai America Technical Center in Superior Township, Mich. He was interviewed by Automotive News' Rick Kranz.
Volt, workers honored; GM hiring 1,000 for EVs; Cheaper auto bailout?
Toyota to recall Prius; Audi's Sunday strategy; GM back on course
