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UK: Consumer group slams UK auto recall body

The UK's car safety recall system needs a complete overhaul, said Which? Car, the local equivalent of the US Consumer Reports, comparing the effectiveness of the US and UK watchdogs.

2011-04-28 11:19:00 | Just-Auto

Penske rises as profit beats estimates on auto sales, tax rate

Penske Automotive Group Inc. rose the most in more than two months in New York trading after first-quarter profit beat analysts' estimates because of increased vehicle sales and a lower tax rate.

2011-04-28 11:17:00 | DetNews.com

TerraPass carbon calculator reveals indirect emissions from all-electric cars:

TerraPass, a company that funds projects to reduce carbon emissions, unleashed an updated carbon-footprint calculator that includes all-electric vehicle data.

2011-04-28 11:12:35 | AutoWeek

Chrysler to repay bailout by end of June

Chrysler Group LLC today confirmed its intention to repay its $7.4 billion in loans to the U.S. and Canadian governments by the end of June, as long as market and other conditions remain conducive.

2011-04-28 11:07:00 | DetNews.com

Penske stock hits 4-year high as Q1 profits surge

Shares in Penske Automotive Group surged to a new four-year high today after the nation's second-biggest dealer group reported a 67 percent jump in first-quarter profits, helped by higher new- and used-vehicle sales. Penske shares closed up 12.

2011-04-28 10:58:12 | Automotive News

More people signed contracts to buy homes in March

Washington — More Americans signed contracts to buy homes in March, but sales were uneven across the country and were not enough to signal a rebound in the housing market.

2011-04-28 10:57:00 | DetNews.com

PulteGroup 1Q loss deepens as fewer homes sold

Bloomfield Hills— Homebuilder PulteGroup said its loss widened in the first three months of the year because it sold fewer homes, and the average price of the homes it sold dropped. But new orders for homes rose during the beginning of the key spring home-selling season.

2011-04-28 10:57:00 | DetNews.com
Hyundai quarterly profit up 46% to $1.75B

Hyundai quarterly profit up 46% to $1.75B

Filed under: Hyundai, Earnings/Financials Hyundai has had a big year, and the results are showing in the form of healthy profits. According to BusinessWeek, the Korean automaker earned $1.75 billion in the first quarter, up 46 percent versus the first quarter of 2010. Overall revenue was up 21 percent to $17 billion. Sales volume was higher as well, as the 922,000 units sold globally represented a nine percent increase. Much of that increase occurred in plants (...)

2011-04-28 10:56:00 | AutoBlog

More Lamborghini Aventador video goodness: Roman holiday:

Hot on the heels of its apocalyptic drive video, the brand-new

2011-04-28 10:55:01 | AutoWeek

Endeavour launch brings tourists, traffic to Fla.

Titusville, Fla. — Florida Space Coast hotels are sold out, residents are renting bedrooms and restaurants are doubling food supplies as thousands of tourists arriving for Friday's launch of space shuttle Endeavour are boosting a region fearing its economic future.

2011-04-28 10:47:00 | DetNews.com

JAPAN: Earthquake costs Mazda huge net loss

Mazda Motor has said it incurred a consolidated net loss of JPY60.04bn in fiscal 2010 ended 31 March due to damage from the 11 March earthquake and tsunami and other factors.

2011-04-28 10:33:00 | Just-Auto

Select Specialty Hospital moving to Grosse Pointe Beaumont

Beaumont Hospitals announced today that Select Specialty Hospital will be moving from Henry Ford Cottage Hospital into renovated space at Beaumont Hospital in Grosse Pointe.

2011-04-28 10:27:00 | DetNews.com
BRABUS B63 – 620 PowerXtra CGI

BRABUS B63 – 620 PowerXtra CGI

BRABUS has introduced a special performance package for the latest V8 bi-turbo engines of Mercedes-Benz. Depending on the model and the level of tuning, the engine can be boosted up to 620PS (455 kW) and 1000Nm (737 lb-ft) of torque. The performance package is avalable for the latest S and CL 500 ( US: S550 [...]

2011-04-28 10:26:07 | Automobiles Review

Lambo Aventador - in the hot seat

I know this car, I’ve known it for a while in fact. Two years ago Lamborghini invited me to Nardo to have a go in a very early prototype. They wanted to know what I thought of it, basically. And I thought it was incredible, even then.Now they’ve made it better still. Much better still. And the most impressive thing of all, for me, is the structural integrity of the car; and you only (...)

2011-04-28 10:25:42 | Autocar.co.uk
2012 Chevrolet Corvette gets upgraded interior, new tires and options [w/video]

2012 Chevrolet Corvette gets upgraded interior, new tires and options [w/video]

Filed under: Coupe, Performance, Videos, Chevrolet 2012 Chevrolet Corvette - Click above for high-res image gallery The Chevrolet C6 Corvette platform soldiers on for 2012, though buyers can now look forward to a few subtle changes compared to the 2011 model. The entire 2012 Chevrolet Corvette line now benefits from a slightly massaged interior that includes a new steering wheel and new seats. The thrones pack more supportive bolstering along the sides and microfiber inserts are (...)

2011-04-28 10:19:00 | AutoBlog