Author: Automotive News Breaking News Feed
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GM’s Holden may exit Australia as early as 2016, local reports say
General Motors has decided to pull out of vehicle production in Australia as early as 2016, local media reported today, in what would be a major blow to the struggling industry. A GM spokesman in Detroit declined to comment on the reports today.
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Toyota moves closer to wireless charging
Toyota is a step closer to offering wireless charging for its electrified vehicles. The Japanese automaker has signed an agreement to license the intellectual property of WiTricity, a company specializing in wireless power transfer
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Honda offers dealers cash if December sales top 2012 levels
American Honda wants its dealers’ sales this month to top December 2012 levels, and is offering cash to make sure that happens.
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From Shanghai to Times Square, Mustang stampedes in 6-part spectacle
A live, national-television reveal on a popular American morning show watched by an average of nearly 6 million people was only one piece of the lavish global spectacle that Ford engineered Thursday to introduce the sixth-generation Mustang.
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Chevy pullback in Europe will end Opel, Vauxhall overlap
GM’s decision to pull Chevrolet out of most European markets is a major setback to the automaker’s goal of transforming Chevy into a globe-spanning powerhouse.