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Nov
17th

EMERGING MARKETS ANALYSIS: Could Lada make a comeback?

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Renault's arrival as AvtoVAZ's partner signals the start of a much-needed renewal for the Russian auto giant. But could this lead to a return to the west for the Lada brand? Not impossible, as Mark Bursa discovers. Full story...
Nov
17th

Congressman at Honda plant: Detroit 3 bankruptcy better than bailout

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A reorganization of the Detroit 3 in U.S. Bankruptcy Court would be preferable to a federal bailout of the automakers, a U.S. congressman said today on the sidelines of the dedication of a new Honda Motor Co. assembly plant here. Said U.S. Rep. Full story...
Nov
17th

RUSSIA: GM and Avtotor to open Chevrolet Lacetti plant

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GM and Avtotor are expected on November 21 to open a new plant in Kaliningrad (a Russian enclave on the Baltic) that will produce Chevrolet Lacetti cars. Full story...
Nov
17th

GERMANY: VW Group sales slip 5.1% in October

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The Volkswagen Group has announced that it delivered 502,600 vehicles worldwide, some 5.1% down on last year. However, it says that result was still stronger than the market which it estimates as down 16% in the period. Full story...
Nov
17th

POLAND: Michelin to reduce tyre production

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Michelin has announced that it will cut production at its Polish plant in the face of falling demand. Full story...
Nov
17th

US: Big 3 CEOs should resign if necessary – Senator

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Michigan Sen. Carl Levin has said the top executives of Detroit's Big Three automakers should consider resigning if necessary to convince Congress to quickly pass up to USD25bn in emergency loans for the ailing companies. Full story...
Nov
17th

US: Getrag Tipton facility files for Ch 11

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Getrag Transmission Manufacturing LLC (GTM LLC) has filed for protection under chapter 11 of the United States Bankruptcy Code for its Tipton, Indiana facility. The GTM LLC facility in Tipton was being constructed for the sole purpose of manufacturing dual clutch transmissions for Chrysler LLC (Chrysler). Full story...
Nov
17th

Sparks fly over auto bailout

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A bailout for the automobile industry being pushed by Democrats would assist companies that shouldn't be getting aid, open the door to other undeserving applicants, and stretch the limits of government, according to several prominent economists and... Full story...
Nov
17th

Getrag-Chrysler joint venture files Chapter 11

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Getrag Transmission Manufacturing LLC, a planned U.S. transmission-building operation in Indiana, has filed for Chapter 11 bankruptcy protection after Chrysler LLC's pullout from the joint venture. Full story...
Nov
17th

Insignia wins European Car of the Year

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Vauxhall family car wins prestigious award by one point. Full story...
Nov
17th

Death of Detroit would wallop ad world

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If you think you're insulated from the death rattle of Detroit, think again. General Motors, Ford Motor Co. and Chrysler together accounted for 3.3 percent of 2007 U.S. Full story...
Nov
17th

RESEARCH ANALYSIS: Review of rearview mirrors

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Next time you look at your rearview mirror, take a second look. It could incorporate a number of different features. Matthew Beecham reports on how the humble rearview mirror has been transformed over the last decade into a high-tech electronic module. Full story...
Nov
17th

Volkswagen reports lower sales in October

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Volkswagen reported a drop in sales in October but predicted it would sell more cars in 2008 than it did last year. Europe's largest automaker said it delivered 502,600 vehicles last month, a drop of 5.1 percent from a year ago. Full story...
Nov
17th

US: NUMMI cuts truck production

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New United Motor Manufacturing Inc. (NUMMI), a JV between Toyota and GM, is planning to cut one shift of pickup truck production in January at its Freemont, California, plant. It's another sign of the impact of slowing vehicle demand in the US. Full story...
Nov
17th

Draexlmaier delays Kosovo project

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Draexlmaier Group Automotive, a family-owned supplier of door panels, central consoles, electronics and wiring harnesses, has shelved plans for a pilot plant in Prishtina, Kosovo. Full story...
Nov
17th

GM dumps Suzuki stake for much-needed cash

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Cash-strapped General Motors will dump its 3 percent stake in Japan's Suzuki Motor Corp. for about $230 million as it scrambles for funds to avert collapse. Full story...
Nov
17th

INDIA: Ashok Leyland-Nissan JV delayed

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Indian truck maker Ashok Leyland has said its planned light truck manufacturing plant with Nissan has been delayed by six months. Full story...
Nov
17th

JAPAN: GM to sell Suzuki stake

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GM will sell its 3% stake in Suzuki in order to raise cash. Full story...
Nov
17th

Report: German billionaire Merckle makes big VW loss

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German billionaire Adolf Merckle made a "high three digit million euro" loss after going short of shares in German carmaker Volkswagen, the Financial Times newspaper reported on Monday. Full story...
Nov
17th

Insignia wins Car of the Year by a nose badge

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In what are troubled times for Opel and its General Motors parent company comes a rare but welcome bright spot: The Opel/Vauxhall Insignia has been voted European Car of the Year 2009. Full story...
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