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General Motors Venture LLC to invest $6 million in Protera Inc.

As part of a $30 million package to commercialize technology, including a rapid-charging transit system and other next-generation technologies that support innovation in the global transportation industry, General Motors Ventures LLC will inject $6 million, a 20 percent of the total stake in Proterra Inc., a leading maker of zero-emission commercial transit buses.
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By: Frank Sherosky

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Subaru WRX STI breaks 21-year record on Isle of Man track

Race driver Mark Higgins logged an all-time fastest lap by averaging 115.356 mph June 10 on the iconic Isle of Man TT Mountain Course. Higgins was driving a US spec 2011 Subaru WRX STI. The former record of 100 mph remained unchallenged for 21 years. His lap took 19 minutes 37 seconds with the WRX STI hitting speeds in excess of 162 MPH on the varied elevation course.
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By: Don Bain

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US production of Nissan LEAF electric car may be postponed due to Japan earthquake

The Nissan LEAF electric car is currently scheduled to start US production in December of 2012, but the Japan earthquake may cause a delay.
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By: Gordon Block

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VW announces special 2012 Beetle Black Turbo Launch Edition

Volkswagen announced today that orders are now being taken on the 2012 Beetle via a new online Vehicle Pre-Order (VPO) system and to add some incentive for hopeful consumers to use this system, VW is offering the special 2012 Beetle Black Turbo Launch Edition to the first 600 buyers.
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By: Patrick Rall

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Renault-Nissan Alliance to open second research office in Silicon Valley

The Renault-Nissan Alliance will be developing user-interface and smart-grid technology for future electric cars for both brands at the new facility located in Silicon Valley in California.
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By: Gordon Block

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GM to offer an auto trans, performance traction system on Camaro ZL1

While speaking at the Camaro homecoming at the Oshawa production facility, the lead man for the Camaro offered a few choice comments on the upcoming 2012 Chevrolet Camaro ZL1, including the fact that the super muscle car will feature the performance traction management system from the Corvette ZR- along with an automatic transmission and even more horsepower.
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By: Patrick Rall

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Toyota nurtures science in schools with cash

Toyota today awarded $500,000 in 2011 TAPESTRY grants to 50 U.S. science teachers, furthering a 21-year-old program that to date has given out more than $10 million to almost 1,200 teachers in America.
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By: Hawke Fracassa

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Lincoln dealerships to invest $1 million in showroom renovations

Lincoln dealerships will be required by Ford to do up to $1 million in renovations to their showrooms in two years as Ford makes big plans for the luxury brand's future.
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By: Gordon Block

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Saab joins forces with a second Chinese group

Saab and parent company Spyker Cars NV have announced that the group has entered into a second memorandum of understanding with a Chinese automotive firm – this time partnering with Zhejiang Youngman Lotus Automobile Co. as the Swedish automaker works to climb out of its recent cash crunch.
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By: Patrick Rall

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