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Toyota requests dismissal of shareholder suits over unintended acceleration

Toyota Motor Corporation has been hit with a great many lawsuits stemming from their concealing known problems of unintended acceleration and while the automaker’s requests for dismissal have been rejected several times, they have once again requested that a group of lawsuits be throw out – this time focusing on the claims filed by their shareholders over the drop in company stock when the massive wave of recalls hit.
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By: Patrick Rall

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BMW files trademarks for M2 titles

The auto industry recently learned the sad news that the awesome new BMW 1 Series M Coupe would only see production this year, but fans of the most powerful letter in the world may not need to wait long for the predecessor, as Bayerische Motoren Werke AG (Public, ETR:BMW) has filed a trademark for “M2” and “BMW M2”.
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By: Patrick Rall

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Cyclone-Williams' presents steam-powered LSR racer at American Veterans' Benefit

Cyclone Power Technologies Inc. (Pink Sheets: CYPW), developer of the award-winning Cyclone Engine - an eco-friendly external combustion engine - and Team Steam USA presented to the public for the first time what is soon to be the "Fastest Steam Car on Earth" at the Disabled American Veterans Classic Car and Truck Show in Pompano Beach, FL.
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By: Frank Sherosky

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Saab production stops again

A parts shortage brought the Saab assembly line to another halt yesterday, after the beleaguered Swedish automaker had only restarted production on May 27th after a month-long lapse in funding from Spyker.
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By: Gordon Block

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GM CEO says higher gas taxes good for Americans

In a two hour interview last week, General Motors CEO Dan Akerson told the Detroit News that he wanted to see the tax on gas raised by a dollar per gallon in order to pressure consumers to purchase more fuel efficient vehicles.
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By: Roman Rosa

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Used car buyers should still beware of flood damage

The Eastern States and the Mississippi River Valley have been in the news since April with flooding or tornados and the worst may be yet to come as hot weather and record snowpack begin to collide in the Rocky Mountains. Sometime during the next 12 months, those attempting to recoup some of their losses to these events will be selling their cars across the country. Then again, there may be more floods yet to come, extending the buyers period of necessary wariness.
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By: Don Bain

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The summer’s seven deadliest days for teen driving

With deadly traffic crashes peaking for teens during the months of June, July and August, AAA Michigan urges parents to heighten their focus on safety during the months ahead. Summer is the deadliest time of year for teen drivers and passengers with seven of the top 10 deadliest days of the year occurring between the Memorial Day and Labor Day holidays.
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By: Don Bain

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Subaru releases iPad apps for Outback, Forester, WRX/STI

Mobile browsing has become quite popular, especially for consumers desiring knowledge about nearly every purchase, especially one with as much lifestyle and budget impact as the purchase of a car. In response, Subaru has announced new iPad applications for its 2011 model digital brochures. The free apps let consumers explore the new Outback, Forester and WRX/STI on the iPad interface, with 360-degree views, videos and interactive demonstrations.
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By: Don Bain

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American muscle cars outsell hybrids in May 2011

According to the folks at USA Today, the Dodge Challenger, Chevrolet Camaro and Ford Mustang outsold all hybrid models sold in May by a margin of almost 10%.
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By: Patrick Rall

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