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After the meeting between President George Bush and the CEOs of the Big Three, the general public commended the dedication of the parties to make the United States’ energy quite dependent.
While there are flex fuel cars in production which can run on alternative fuels, Business Week reported that the promise of these vehicles [...]
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The news of Porsche increasing its stake in Volkswagen to 30.9 percent didn’t come as a surprise at all. Well basically since this is exactly what the automotive industry was expecting in the first place.
Although it may be hard to believe that such increase of stake will not lead to a [...]
Toyota Motors Corporation Limited, a Japanese multinational automobile manufacturer, has finally ended the 76-year long reign of General Motors as the world’s biggest car manufacturer. Toyota Motors has recorded better sales globally than GM during the first quarter of 2007.
Why Toyota Is The Leader?
There are various reasons that have led to GM losing its [...]
The shocking details of Volkswagen’s sex-and-bribery scandal have shaken Germany Incorporated in the summer of 2005. Volkswagen’s former Chief of Personnel, Peter Hartz paid $2.5 million dollars in illegal bribes for over nine years to the company’s labor boss just to have the support of the management plans. The alleged illicit payments were used by [...]
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