Ford Announces $1.2B Investment to Build Bronco and Ranger in Michigan

The American automaker will invest $1.2 billion in three Michigan factories.

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GM Investing $1.2 Billion in Fort Wayne Pickup Plant

Trucks are big business in North America and the Detroit Three reap a lot of their profits from these rough-and-tumble vehicles. To stay ahead of its rivals GM just announced that it’s “makin’ it rain in Fort Wayne” by sinking $1.2 billion into this Indiana pickup plant.

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Fiat Chrysler Automobiles Makes Wall Street Debut

Fiat Chrysler Automobiles (FCA) made its Wall Street Debut today. The Italian company is working to shift its focus from Europe to the United States.

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Aston Martin Plans to Lose Money for Two More Years

Aston Martin is going to lose an awful lot of money in the future, but the company says that’s OK because it expects to earn each of those pounds back and then some.

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Audi Investing $30.3 Billion on Expansion by 2018

Audi isn’t content with being number two in the worldwide luxury auto market and will invest $30.3 billion by 2018 to expand its product portfolio.

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Toyota Investing $28 Million in Michigan Facilities

Michigan, it’s more than just Great Lakes, the Big Three and the largest municipal bankruptcy in U.S. history. To the surprise of many, GM, Ford and Chrysler aren’t the only games in town. Practically every major OEM and supplier company has offices, technical centers or test facilities in the mitten state, and Toyota is making a major investment its facilities.

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Aston Martin Investindustrial Tie-Up Confirmed

Aston Martin confirmed that its partnership with Italian investment fund Investindustrial is complete.

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GM Investing 4B Euros in Opel, Keeping Brand Alive

Should General Motors’ German subsidiary be scrapped? Not according to its American parent, which plans to pour four billion Euros into it through 2016.

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Aston Martin, AMG Engine Tie-Up Talks Confirmed

British sports car maker Aston Martin is discussing a possible tie-up with Mercedes’ AMG arm to co-develop engines.

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Fords Reclaims Its Logo: The Blue Oval is Back

After almost six years since Ford put up everything it had as collateral to the banks, the coveted ‘Blue Oval’ is back where it belongs.

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Warren Buffett Buys 10 Million Shares of GM

Warren Buffett must have been a wealthy lemming in a past life, because when he dives from a cliff others follow — often into a pit of money. His latest plunge involved acquiring 10 million shares of General Motors, which could signal future strength for the company.

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De Tomaso Dead in the Water, No New Pantera Coming

As much as it would have been fantastic to see the mighty De Tomaso Pantera resurrected, it seems the dream that graced our news section last February is falling to shambles.

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Saab Sends Workers Back to Finish Stagnant Production Line

Just about 100 more Saabs will roll off the line after the Swedish automaker decided to send some employees back to finish incomplete units still standing in the factory.

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Audi Announces 13 Billion Investment Plans

That €13 billion will mostly go towards new technology, but the company is also looking to add about 1,200 new specialists to their team in 2012. That number is in addition to the 3,500 new employees the company added this year. Audi plans to find the fresh blood by offering permanent contracts to students from vocational academies and StEP program (Study and Experience in Practice) students once they finish their training.

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Aptera: A Brief Chronology Of The Collapse

Last week we brought you a story about Aperta employees boorishly smashing the remaining shells of their 2e electric vehicle, including quotes from their disgruntled former CEO, Steve Fambro. You may wonder how things went so wrong.

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