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According to an industry observer, "Any major auto manufacturing facility would require a minimum investment of Rs 1,500 crore." They said "Rajasthan government plans to offer tailor made tax sops to the tune of about Rx 500 crore over a period of time for companies looking to invest in excess of Rs 1,000 crore.
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Europe's largest automaker, Volkswagen has about 19 percent of China's car market accomplished in the first half of the year after boosting sales by a quarter to 431,369. The FAW-Volkswagen which is a venture with China FAW Group Corp. will make the Magotan which is offered as the Passat in Europe. Volkswagen also has a venture with Shanghai Automotive Co. the listed unit of SAIC Motor Corp.
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With the soaring prices of gas, diesel engines are attracting interest because they are almost 20 percent to 30 percent more fuel efficient than gasoline engines. About 50 percent of the vehicles sold in Europe are powered by diesel.
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Keselowski started, for the first of his NCTS career, on the pole in the No. 9 Team ASE Tundra for Germain Racing and led three times for 23 laps. Skinner led 16 laps, and has now led at least one lap in the season's first 12 races. As a result, he tied the NCTS record for consecutive races led to start a season (Jason Leffler, 2002).
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Toyota has a strong reputation for flawless quality, but that image has been damaged a bit lately due to series of recalls. As a result, some doubts have been raised whether it can maintain quality standards as its global sales expand rapidly. But the company executives have repeatedly expressed concerns about sliding quality and have promised to strengthen quality controls.
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Grubnic raced Fuller in the quarterfinals. The Australian's rail lost traction almost immediately after leaving the starting line. That let Fuller get the win light at 11.986 sec., 83.85 mph to 4.552 sec., 322.73 mph.
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Lexus, being the front product, launched its new flagship model - the LS - and the new global Camry went on sale. In Japan, a new Corolla range was introduced, highlighting the significance of this best-selling car.
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Red Bull driver Mark Webber had a pretty good start and was fighting with Rubens (Barrichello) through Turns two and three. He got to turn five and had to go between the cars of Ralf (Schumacher) and Rubens and almost lost his car's front wing but they got through it. In the first stint, he was held up by Ralf, who in turn had Barrichello in front of him. Webber explained that on the first lap of his second stint, he had to deal with Ralf while on new tires, so it was a baffling race. He continues that they tried to go shorter in the second stint to jump Rubens. Unfortunately, it but did not work out.
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In today's much higher gas prices, more Americans are preferring more fuel-efficient cars, a market phenomenon that will do far more to minimize fuel consumption than any Washington mandate. In the economist point of view, mileage mandates are an inefficient way to reduce the use of fuel. They do not limit the number of cars on the road, and owning a car that gets more miles to the gallon often encourages people to drive more miles.
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Wade Martin, President and General Manager at the AST Dew Tour, Aurora, Ill., said, "This is the first part of our strategy to build AST [Action Sports Tour] as an umbrella brand that will encompass other events. We want AST to become what Nascar is to fans and consumers."
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