Expectations that the Italian government is about to unveil an auto industry aid package rose this week following comments by prime minister Silvio Berlusconi.
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The US auto industry stands to gain from the stimulus package now going through the US Congress, a top Ford executive has said.
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Renault will offer a 500-euro satellite navigation system on its Clio small car.
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Calls for an old-car scrappage scheme here in the UK intensified today (5 February) as an auto workers union leader visit visiting workers at BMW's Mini plant in Oxford called for more support for the car industry.
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Honda Motor Co. wants to price its Insight hybrid hatchback under $20,000 in the United States -- and might build it there if U.S. sales hit and sustain the lofty target of 100,000 a year. Both goals will be tough.
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Vehicle makers Chery, Geely and BYD are reporting sales up in January over the same month last year, according to the Xinhua news agency.
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After debuting in 2007, C-Cactus has now got production go-ahead.
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Ford is celebrating as three of its models – the Focus RS, Fiesta ECOnetic and Ka – set new standards in their classes.
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The new Ford Taurus SHO is shaping up to be a sleeper.
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FAW-Volkswagen has postponed the capacity expansion of its Chengdu plant, probably to the year of 2011, the Xinhua news agency has reported.
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SHANGHAI -- General Motors is predicting growth of 10 percent or less for the Chinese car market this year.
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GM is reportedly holding discussions with FAW to form a partnership in the area of light commercial vehicles (LCVs) - the details of the partnership unclear at this stage.
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A South Korean court is expected to rule tomorrow (6/2/09) on whether troubled Ssangyong Motor should stay in operation or have its assets liquidated.
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The UK became the latest European market to report a steep drop in new-car sales in January, with sales plunging 30.9 percent compared with the same month last year.
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Fastest ever Mazda 3 targets new Focus RS.
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AvtoVAZ is looking to car loan programs in an effort to boost its sales amid growing inventory, according to business daily Kommersant.
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Ford has reportedly told the local authority in St Petersburg that it is going ahead with plans to increase production capacity at its St Pete plant in 2009.
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Ford of Europe is cutting 850 jobs in the UK and delaying the launch of its new Transit commercial vehicle to save cash during the economic crisis.
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Ford of Europe is cutting 850 jobs in the United Kingdom and delaying the launch of its new Transit commercial vehicle to save cash during the economic crisis.
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Moves by Ford to cut around 850 jobs across its UK facilities, and to freeze a recently negotiated 5.25% pay rise deal, have today (5 February) been denounced as a "betrayal" of a loyal workforce by the UK automotive industry workers' union Unite, which has warned the automaker that cutting workers' pay to meet redundancy payments could lead to industrial action.
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