California hybrid automaker Tesla Motors is working with Daimler AG to create an electric version of the Smart car, Tesla CEO Elon Musk said today at the Detroit auto show.
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The first export shipment of Maruti Suzuki's new A-star (aka Alto) is on its way to Europe.
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A joint venture between U.S. supplier Johnson Controls Inc. and French battery maker Saft SA intends to produce as many as 20,000 lithium ion battery systems over the next five years for Azure Dynamics Inc.
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Tesla Motors has begun taking orders today for the Roadster Sport, a higher-performance sports car based on the pioneering, all-electric original Roadster.
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As people again braved the snow and recession to reach the Detroit motor show on Tuesday, news from the other side of the world suggested October's Tokyo show might be cancelled.
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Lamborghini sales in the United States fell in 2008, but the brand still had a record year worldwide, said president Stephan Winkelmann. "We balanced sales in the Middle East, China and Southeast Asia with the drop in the United States," he said.
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According to Mexico's auto industry trade association, Mexico's vehicle production increased by 4% in 2008 to 2.1m units.
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A newly iimposed duty on imported cars has sparked protests from Russian motorists and attracted criticism from the EU.
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Fiat group executive Luca De Meo is joining Volkswagen as group head of marketing, industry sources have said.
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U.S. auto sales in 2009 should fall around 13 percent and push some automakers closer to the verge of collapse, industry analysts said today. J.D. Power and Associates expects U.S. light vehicle sales for the year to fall to around 11.
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Jaguar Cars Ltd., which stopped reporting sales figures after being purchased by India's Tata Motors in June, said global sales rose 8 percent last year while U.S. volume fell.
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Mazda is "guardedly optimistic" about its prospects in 2009 after achieving record European sales in 2008. The Japanese carmaker increased its 2008 unit sales by 9.8 percent to 342,800 in Europe, including Russia and Turkey.
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General Motors Europe and its unions have agreed in principle on a plan that reduces working hours at all of its factories across Europe.
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DETROIT -- General Motors is likely to need a modified version of bankruptcy to restructure the last part of its debt, says Deutsche Bank Managing Director Rod Lache.
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The German government has agreed to scrapping incentives for owners of cars more than nine years old to buy new fuel efficient cars.
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Proton may enter into a collaboration with an Indian automobile firm, according to an Indian media report.
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Fiat group executive Luca De Meo will become Volkswagen group head of marketing, industry sources told Automotive News Europe.
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Ford has axed a shift at its Southampton Transit plant in southern England, citing "significantly reduced medium commercial vehicle sales across Europe" amidst union fears this may be the start of the automaker's exit from UK van production.
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PSA Peugeot-Citroen group vehicle and CKD unit sales fell 4.9% year on year in 2008 to 3,260,000 units in a global market down 5.7%.
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