Chrysler LLC and Nissan Motor Co. have postponed plans to share a North American-built small car and a full-sized pickup until they can reduce costs.
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Fisker Automotive, the start-up manufacturer of 'premium green' automobiles, will unveil its Karma and Karma S luxury plug-in hybrid cars for the first time on European soil (world premiere was in Detroit) at the Geneva Motor Show.
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BMW enters a new niche with a stunning hatchback version of the 5-Series!
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The South Korean government has no immediate plans to help the local General Motors unit, media reports said.
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Honda plans a new logistics centre and parts depot in western Poland for markets in Poland, three Baltic states and eastern Germany.
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Valeo and Michelin plan a partnership to develop and produce all-electric and plug-in hybrid electric cars. "We will develop a powertrain system and the car will be built around it," Valeo CEO Thierry Morin said Friday.
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Valeo and Michelin announced today the signature of a letter of intent to coordinate the development of electric and rechargeable hybrid vehicle systems such as the drive train, engine and battery cooling management, climate control, lighting, energy management and tyres.
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France's aid plan requiring its car makers to avoid closing factories in the country for five years may be incompatible with European Union rules, the bloc's executive arm said on Friday.
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Turkey's auto production crashed 65.8% year on year in January, with exports falling by a similar level.
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On the same day the automaker announced voluntary buyouts and another series of cuts at its North American facilities,Toyota's labour union in Japan formally asked for an average increase of JPY4,000 (US$44; EUR35) in basic monthly pay for regular employees to reflect rising prices.
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Toyota is to offer 18,000 workers buyouts and is introducing work sharing for the first time as part of a new package of measures at its North American manufacturing plants "designed to further reduce production in the midst of the worst automotive slump in decades".
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Sales of passenger cars and light commercial vehicles in Russia decreased by 33% in January 2009, according to data released today.
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General Motors on Thursday confirmed it was offering voluntary buyouts or early retirement packages to all 62,000 hourly production workers covered by the United Auto Workers (UAW) union.
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Volkswagen's top labor leader Bernd Osterloh said he and Porsche CEO Wendelin Wiedeking will work together to get their companies through the worst of the economic downturn.
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General Motors has denied reports it planned to sell shares in its flagship local car making joint venture with China's SAIC Motor to the parent SAIC.
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Automotive production in Turkey fell by 65.8 percent in January on a year ago as the global credit crisis dents domestic sales and exports, the Turkish Automotive Industry Association (OSD) said on Friday.
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General Motors has no plan to sell shares in its carmaking joint venture with China's SAIC Motor Corp to SAIC, Henry Wong, a spokesman for General Motors China, said today.
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GM Europe President Carl-Peter Forster and other senior company executives met German Chancellor Angela Merkel today to discuss the future of GM's Opel brand.
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GM Europe President Carl-Peter Forster and other senior company executives met German Chancellor Angela Merkel today to discuss the future of GMand#8217;s Opel brand.
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Michelin is supplying a specially designed wheel for NASA's next generation of moon rover vehicles.
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