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911 Designer “F.A.” Porsche Dies
4/5/2012Ferdinand Alexander Porsche, designer of the original Porsche 911 sports coupe, died on Thursday in Salzburg, Austria, at age 76.
Surplus of U.S. Ethanol Grows
4/5/2012By law, U.S. gasoline suppliers are supposed to blend 13.2 billion gallons of ethanol to fuel this year, up almost 5% from 2011.
Viper Returns
4/5/2012Chrysler Group LLC says the new iteration of its iconic Viper sports car, the SRT Viper, will produce 640 hp and 600 lb-ft of torque.
AvtoVAZ to Decide Soon on Share Sale to Renault-Nissan
4/5/2012Chairman Sergei Chemezov says the co-owners of Russian carmaker OAO AvtoVAZ will meet in Paris with officials from Renault and Nissan later this month to discuss selling a controlling stake to the alliance partners.
Fiat Shareholders Clear Way for Chrysler Merger
4/5/2012Fiat SpA shareholders voted at Wednesday's annual meeting to convert the company's savings and preferred shares into common stock, thus setting the stage for an eventual merger with Chrysler Group LLC.
Opel to Restructure in Small Steps
4/5/2012Vice Chairman Steve Girsky reiterates at an analyst conference in New York City that General Motors Co.'s restructuring of its Adam Opel unit will occur in incremental steps and not in "one big bang." Opel executives have said the plan will begin to roll out in the next two to three months.
GM Reverses Production Cut for Volt
4/5/2012Earlier this week General Motors Co. said would add another week of production downtime for the Hamtramck, Mich., plant that makes the Chevrolet Volt, citing high inventories of unsold cars.
Volt Production: GM Taketh Away, GM Giveth Back
4/4/2012General Motors Co. said earlier this week that it would extend by one week the summer shutdown of the Hamtramck, Mich., factory that builds the $39,000 Chevrolet Volt extended-range sedan to avoid excess inventory.
Nissan Predicts Surge in U.S. Sales of Leaf
4/4/2012Nissan Motor Co.'s sales of the Leaf electric car will start to grow "dramatically" in the U.S. in September when the company begins making the hatchback in its Smyrna, Tenn., factory, says CEO Carlos Ghosn.
Oil Prices Drop Below $102 in U.S.
4/4/2012Crude oil futures fell $2.54 per barrel on the New York Mercantile Exchange on Wednesday to close at a seven-week low of $101.47.