Author: Automotive News Breaking News Feed
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Hyundai preps fuel cell vehicle for ’14 U.S. debut
Hyundai is readying a fuel cell electric crossover for a U.S. debut next year, joining a cadre of automakers that see renewed promise in the economic viability of hydrogen-powered vehicles.
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CFPB, critics go to the mat this week
The ongoing confrontation between the Consumer Financial Protection Bureau and automotive retailers and lenders is heating up, with two events in Washington this week and a disclosure from Ally Financial Inc.
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Volkswagen roller coaster is in a down cycle: Sales are off, products are aging and dealers are restless
For three straight years, Volkswagen turned skeptics into believers, filling U.S. showrooms with vehicles that struck a chord in a way that no VW had since the original Beetle. Now some of those believers are skeptics again.
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Want suppliers’ respect? Bring them in early
BMW has cemented its status among North American suppliers as the top-ranked automaker purchasing operation, but Ford and Chrysler are moving up.
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Toyoda touts Tokyo show as high-tech hub
The Tokyo Motor Show has fallen on hard times as global automakers channel their marketing efforts into bigger shows in China.
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Manage misfortune, expand when you can
Ray Price III, whose grandpa, Ray Price Sr., started selling Model T’s in Cresco, Pa., in the Pocono Mountains in 1913, calls the 2008-09 auto sales crash “not particularly difficult” compared to other events in the franchise’s history.
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U.S. dealers might get Mercedes rwd minivan
Mercedes-Benz may offer its next-generation European minivan and commercial van in the United States, company insiders say.