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German new car market swells 21 percent in Sept

Germany's new car market grew by 21 percent in September and orders fell a less-than-feared 12 percent even as a scrappage scheme for old autos ran out of money, the VDA vehicle manufacturers association said on Friday.

Chrysler CEO: no reprieve on U.S. plant closings

Chrysler Group LLC still plans to shutter eight North American plants according to its initial schedule, Chief Executive Sergio Marchionne said on Thursday, as he dismissed recent reports that a Detroit-area plant would get a reprieve.

Opel labor talks adjourned, to be resumed soon

Talks between Canadian automotive group Magna , General Motors and workers at German carmaker Opel were adjourned with no result on Thursday and will resume soon, a spokesman for Opel said.

GM to close Saturn as sale to Penske collapses

General Motors Co will close Saturn and wind down its dealership network after a deal to sell the faltering brand to Penske Automotive Group collapsed, the automaker said on Wednesday.

Fiat to create Ram brand, rush new Chrysler models

Fiat SpA will rush the first all-new Chrysler model to the U.S. market by the end of 2011 and create a new Ram brand for its truck line under a revival plan for Chrysler that will be shown to the U.S. government this week, people involved in the discussions said.

Toyota plans huge U.S. recall for dangerous floormats

Toyota Motor Corp said it will recall some 3.8 million vehicles in the United States because of the risk that a loose floormat could force down the accelerator, a problem suspected of causing crashes that have killed five people.

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