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Japan In June 2010: E-ne! That’s “Great!” In Japanese.

June 30, 2010

Japanese new car sales rose 20.6 percent year on year to 293,537 units in June, up for the 11th straight month, the Japan Automobile Dealers Association just told The Nikkei [sub]. And the best part is:
Japan appears to says “ja ne” (see ya) to frugality. Standard-size vehicles are up 29 percent, compact cars grew only [...]

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Faurecia gets stronger in China; buys stake in key partsmaker

June 30, 2010

French car parts supplier Faurecia SA plans to buy a stake in one of the main suppliers to state-owned Chinese automaker FAW Group to build its position in the world’s biggest car market.

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Mazda sales up globally, except in ‘tough’ Europe, CEO says

June 30, 2010

Mazda’s global sales have grown more than 20 percent in the first two months of the business year, outperforming the annual target of a 6 percent rise, CEO Takashi Yamanouchi said.

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June Sales. As In “Jikes! Ugly Numbers! Egads!”

June 30, 2010

It’s that time of the month again. Today, sales in the U.S. will be reported. “Yucky” will probably be their nicest adjective. “U.S. auto sales this month probably posted the smallest increase since February as consumers concerned about unemployment and the economy avoid large purchases, analysts said” to Bloomberg.
Analysts polled by Bloomberg think June SAAR [...]

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Marchionne Wants The Unions To Show Some Respect

June 30, 2010

Sergio Marchionne’s turnaround of Fiat was a weird one. He turned around a company, which most people thought had died already. Sergio’s turnaround was helped by GM’s unwitting “re-capitalization” of Fiat, too. Recently, worker relations in Italy have been strained, to say the least. If you thought the situation with the UAW in the United [...]

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U.S. House approves regulatory finance bill as Senate delays vote

June 30, 2010

The U.S. House of Representatives approved the financial-overhaul bill, moving a step closer to enacting the broadest rewrite of Wall Street rules since the Great Depression.

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Formula One to reduce emissions in near future:

June 30, 2010

Formula One is set to adopt a raft of technical changes aimed at reducing the sport’s emissions while increasing fuel efficiency.

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Toyota: Perplexed NHTSA Calls On The National Academy Of Science

June 30, 2010

Pre-recall, Toyota was the company to emulate. It was very profitable, its business and production model was the envy of the world (with Lexus-owning Alan Mulally praising it) and it had an iron grip on quality and reliability (even though Honda could have had that title). Then came “acceler-gate”. Customers were petrified their Toyotas would [...]

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Video: Jeff Zwart practices at Pikes Peak with Porsche 911 Cup

June 30, 2010

Filed under: Motorsports, Coupe, Performance, Videos, Porsche, Racing

Jeff Zwart qualifies at Pikes Peak - Click above to watch the video after the jump

Life is filled with a number of paralyzing injustices. Chief among them is the fact that, by and large, the vast majority of humanity will never get to ride shotgun with Jeff Zwart as he raises hell on Pikes Peak with his Porsche 911 Cup racer. That’s a damn shame, too. Zwart just managed to set the Time Attack 2wd Class record with a staggering 5:01.642, bending the laws of physics, time and space to his very will in the process.
Sadly, Zwart only has so much time on his hands, and while we’re sure he’s a nice enough guy, he’s got better things to do than ferry the common man up and down the mountain for the rest of his dying days. Fortunately for us, there’s Will Roegge [...]

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Toyota sues Group 1 to block dealer acquisitions in S.C.

June 30, 2010

Toyota Motor Sales sued Group 1 Automotive to block the Houston dealership chain’s plans to acquire Lexus and Toyota stores in Charleston, S.C. Group 1 Automotive Inc. said tonight it plans to challenge the lawsuit filed late Tuesday by Toyota in U.

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