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Nov
25th

BELGIUM: EU closer to CO2 deal

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European Union governments are making some progress towards a deal on implementing EU-wide CO2 emissions limits. Full story...
Nov
25th

Auto giants tone down, pare back Christmas ads

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This year's barrage of year-end auto clearance sale ads will be a little kinder and gentler. With Subaru's )x("”",Share the Love” push, consumers who buy or lease a new Subaru from this week through Jan. Full story...
Nov
25th

GERMANY: Joe Greenwell named next president of SMMT

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Ford of Europe's Joe Greenwell has been named as the next president of the UK's Society of Motor Manufacturers and Traders (SMMT) with effect from 1 January 2009. Full story...
Nov
25th

CZECH REPUBLIC: Skoda sales up 9.5%

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Skoda is expecting to sell 690,000 cars this year, up from 630,000 last year. Full story...
Nov
25th

HONG KONG: Hyundai to target Chinese market

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Hyundai Motor is to target China and other emerging markets in order to work through the economic downturn, a company executive has said. Full story...
Nov
25th

Gates, Lampert increase stakes in AutoNation

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Microsoft Corp. co-founder Bill Gates has raised his passive stake in AutoNation Inc., the largest U.S. auto dealership group, to 10 percent. Gates, who previously reported a 5. Full story...
Nov
25th

EU fails to agree on CO2 limit for new cars

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EU governments remain divided on key elements of a plan to reduce CO2 emissions from Europe's new-car fleet. Full story...
Nov
25th

GERMANY: VW to extend Christmas break at Wolfsburg

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Volkswagen is the latest vehicle manufacturer to have to take an extended break over the Christmas holiday period. Full story...
Nov
25th

J.P. Morgan widens ’09 loss view for GM

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J.P. Morgan Securities widened its 2009 loss estimates for General Motors on lower international earnings and likely higher interest costs from government debt. J.P. Morgan forecasts a loss of $25. Full story...
Nov
25th

Mini Coyote speed camera locator

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Safety cameras are big business in the UK – and the devices you can buy to beat them even more so. Full story...
Nov
25th

UK: West Europe vehicle market forecast to fall 13% in ’09

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CSM Worldwide expects passenger car and light commercial vehicle sales and production in Western Europe to continue to decline well into 2010 as credit remains tight and consumers avoid replacing their vehicles until absolutely necessary. Full story...
Nov
25th

GERMANY: BorgWarner lauds tech in new diesel

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BorgWarner says that a new four-cylinder diesel generation from Mercedes-Benz meets the Euro 5 standard and achieves 20% more power output with 13% less fuel. Full story...
Nov
25th

BELGIUM: European commercial vehicles market falls for sixth month

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Europe's market for commercial vehicles has contracted for the six month running. New registrations in October 2008 totalled 204,118 units, a decline of 17% compared to the same month last year. Full story...
Nov
25th

US: Nissan withdraws from Detroit Show

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Financially hard-pressed automakers are starting to pull out from exhibiting at auto shows as budgets come under pressure. Full story...
Nov
25th

Sarkozy: France to launch stimulus plan

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The French government will launch a major stimulus plan to revive its flagging economy within the next 10 days, French President Nicolas Sarkozy said on Tuesday. Full story...
Nov
25th

US: Detroit CEOs may leave the ‘planes behind next time

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As PR gaffes go, it was a pretty large one. Top executives from GM, Ford and Chrysler did themselves no favours last week by going cap in hand to Washington for financial help - and arriving in private 'planes. Full story...
Nov
25th

UK: GKN issues second profit warning

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GKN has issued its second profits warning in four weeks, a further sign, if one were needed, of how quickly the outlook for the auto industry is worsening. Full story...
Nov
25th

US: Obama emphasises need for Detroit plan

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President-elect Barack Obama has said the US auto industry is too vital to disappear, but he also emphasised his support for Congress' approach in asking Detroit for a plan and said that there could be no blank cheques. Full story...
Nov
25th

Renault’s Spanish sales to fall 50% in Q4

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Spanish car sales for all manufacturers will fall 50 percent in the fourth quarter and the struggling sector needs government support to promote car loans, the head of Renault in Spain said on Tuesday. Full story...
Nov
25th

SWEDEN: Government eyes local carmakers’ plight

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While the Swedish government has ruled out any immediate financial support for local subsidiaries of crisis hit American companies, it is also keeping a close eye on the situation. Full story...
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