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kansascity.com (Free subscription) | 10 hours ago
For General Motors Corp. to acquire Chrysler LLC and all of its warts, GM would have to get desperately needed cash as part of the deal. Lots of it, according to industry analysts.
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Indy Star (Free subscription) | 14 hours ago
Company �looking at number of potential global partnerships� but won't confirm talks with GM.
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Examiner (Free subscription) | yesterday
For General Motors Corp. to acquire Chrysler LLC and all of its warts, GM would have to get desperately needed cash. Lots of it, according to industry analysts.
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Automotive Business Review (Free subscription) | 10/09/2008
The BMW Group has announced that the sales of its BMW, Mini and Rolls-Royce brands were 121,621 units in September 2008, a decrease of 14.6%, compared to 142,357 units in the same period of 2007.
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Law Blog - WSJ.com (Free subscription) | 10/08/2008
More auto makers felt the pinch of the financial crisis Wednesday, as Ford Motor Co. unit Volvo announced further job cuts, and BMW AG said its September sales fell 15% amid falling demand for luxury vehicles."The recent escalation in the financial crisis is also affecting consumer confidence in the premium segment," said BMW executive board member Ian Robertson.Historically, makers of premium cars...
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Just Auto (Free subscription) | 10/08/2008
BMW group global sales collapsed 14.6% in September, to 121,621 units.
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MarketBeat (Free subscription) | 10/07/2008
Christoph Rauwald of Dow Jones Newswires reports: Volkswagen shares soared more than 50% in Frankfurt to an all-time high of 452 Tuesday, as a short squeeze combined with the collapse of the spread between the ordinary and preferred shares forced hedge funds to chase the shares to fill short positions, according to traders. “When prices increase, the calculation of their share exposure of course rises,...
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Driive (Free subscription) | 10/05/2008
Filed under: Government/Legal , Jaguar , Land Rover Whenever there's auto industry-related lobbying going on in Washington D.C., the Alliance of Automobile Manufacturers is there. Consisting of eleven automakers representing 77 percent of all vehicle sales in the United States, the Auto Alliance has a "role in shaping meaningful public policy on the federal, state and even global levels," according...
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Examiner (Free subscription) | 10/02/2008
Auto executives agree: their industry is headed into a giant storm.
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PR News Wire (Free subscription) | 10/02/2008
WASHINGTON, Oct. 2 /PRNewswire-USNewswire/ -- The Alliance of
Automobile Manufacturers today announced that Jaguar Land Rover has joined
the Washington, D.C.-based association, bringing the total number of
Alliance member companies to 11: BMW Group, Chrysler, Ford Motor Company,
General Motors, Jaguar Land Rover, Mazda, Mercedes-Benz USA, Mitsubishi,
Porsche, Toyota and Volkswagen. The Alliance currently...
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German Car Scene (Free subscription) | 09/26/2008
Munich. At its meeting on 25 September 2008 the Supervisory Board of BMW AG appointed Harald Krüger (42) as Industrial Relations Director and member of the Board of Management with responsibility for Human Resources. Krüger will take over this position from Ernst Baumann (59), who will be stepping down from the Board of Management after reaching the agreed age limit, with effect from 1 December 2008....