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October 2009: U.S. auto sales stabilize — is the worst over?

U.S. car sales were pretty weak throughout 2008, but it wasn’t until October of that year that bottom truly fell out (along with the rest of the economy). With figures for October 2009 now available, it appears sales are remaining stable, with some small increases and some small decreases — almo ...

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Leftlane — 4 days ago

2 Votes vote

GM Buys Up Daewoo Share Offering, Increases Stake To 70 Percent

$413m isn’t a ton of money for one of the largest global automakers, but GM’s purchase of Daewoo’s entire share offering still doesn’t completely add up. After all, GM was barred from spending US taxpayer bailout money on overseas assets. And it’s not like GM wanted ...

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The Trut...out Cars — October 26

3 Votes vote

Barriers loom on road to plug-in cars

Automakers, utilities, and environmentalists alike are increasingly gung-ho for electric vehicles. But it's hard to say if consumers will share their enthusiasm. ...

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CNET News.com — October 23

2 Votes vote

Carlos Ghosn's Decapitated Head Invades Tokyo In Nissan Land Glider [Tokyo Motor Show]

The Nissan Land Glider isn't a new idea — create a car that leans into corners and you'll deliver an exciting ride. It's been conceptualized ad-nauseum, but this here's one we might actually enjoy driving. Too bad it'll never built, Carlos! Hah! ...

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Jalopnik — October 21

3 Votes vote

Ford and UAW Reach Tentative Deal

Bloomberg is reporting that a deal between Ford and the UAW has been reached. The deal is said to include a ban on most strikes, and wage freezes for new employees. In short, most of what it offered the automakers it holds equity stakes in. Of course, the deal still has to be approved by [....

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The Trut...out Cars — October 13

0 Votes vote

Bailout Watch 585: Uh-Oh

From The Detroit News: Pelosi said Democrats want automakers to “thrive,” and she hasn’t ruled out additional support for automakers if they show that they are “viable.” ...

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The Trut...out Cars — October 03

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