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0Report: Ford paying $770 million to close plant because of slowing economy 1364047200
According to a report from Reuters, Ford is shelling out $770 million in a severance deal that will see the automaker close its facility in Genk, Belgium. The automaker reached this deal with the 4,000 hourly workers employed at the plant last week, which means the company will pay out an average ...
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Report: Why Cadillac thinks it needs to succeed in Europe to sell cars elsewhere 1362855600
Ward's Auto has taken an interesting look at the renewed focus General Motors is showing towards Cadillac in Europe. Susan Docherty, president and managing director of Chevrolet and Cadillac in Europe (pictured), says in order for the luxury brand to thrive in China, it first needs to succeed in ...
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Report: Ford Mustang to get four-cylinder turbo in Europe, but not North America 1362693480
Fans of the Ford Mustang SVO, which was produced from 1984 through 1986 with a turbocharged 2.3-litre four-cylinder engine and a manual transmission, may be interested to know that Ford is reportedly going to introduce something similar for 2015. But don't get too excited if you live in North ...
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Report: Fiat and PSA predicted to be Europe's biggest losers in 2013 1358437500
Industry observers are expecting Europe's new vehicle sales to fall to lows not seen in decades, with Fiat and PSA/Peugeot-Citroën sitting in the lead car of the plummeting coaster. Both of those automakers traditionally count on the southern part of the continent for sales, yet consumers in ...
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Report: China projected to build more cars than Europe in 2013 1357339380
Financial Times reports China may build more vehicles than Europe next year for the first time in the history of the automotive industry. All told, manufacturers in China are projected to produce 19.6 million light vehicles this year compared to the 18.3 million slated to be built in Europe. The ...
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Official: Are auto insurance rates based on a person's sex discriminatory? 1356114600
The European Union's Gender Directive is officially in effect. Last year, the EU Court of Justice ruled that "differences in insurance pricing based purely on a person's sex are discriminatory." That means that insurance companies can't factor gender into their premium tables, so as of December ...
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Official: European Car of the Year finalists announced 1356015600
Electric cars may have won the European Car of the Year award two years in a row now (Opel Ampera in 2012, and Nissan Leaf in 2011), we can say without reservation that the 2013 ECotY will be a petrol-burning, internal combustionizer. That's because not a single electric vehicle made it to the ...
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Video: Seven days with eight Porsches in Europe looks how you would expect 1355416200
We come across a lot of dash-cam videos, and while we may have become desensitised to the highway altercations or raceday crashes, this video left us speechless. Simply titled, "well that was 2012," it is a stunning video, chronicling the journey of a handful of Porsche 911s throughout ...
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Report: Europe's car market continues to shrink in October 1353272520
Regarding the European car market, the news has been bleak all year. Auto sales on the continent have fallen by 7.3 per cent in 2012, but for October the drop wasn't as bad, at 4.8 per cent according to Automotive News Europe. The UK managed to increase sales by 12.1 per cent, but other markets ...
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Report: Lancia to live on with models built in America 1352048460
Motor Trend reports that Lancia isn't headed for the scrap heap after all. Chris Brown, a spokesperson for Chrysler, told MT the automaker will live on and continue to manufacture its Ypsilon hatchback in Italy. The remainder of the brand's vehicles will be built in America by Chrysler. What's ...
