For some time, manufacturers have been pushing back the technical boundaries of batteries used for hybrid electric vehicles. Matthew Beecham asks executives of three leading advanced battery makers -- Western Lithium Corp, A123 Systems and SB LiMotive -- for their opinions on how this blossoming market is shaping-up.
Mazda is studying various options for its unprofitable U.S. plant operated jointly with longtime partner Ford, CFO Kiyoshi Ozaki said today. Japan's second-largest automotive exporter will announce plans for the Flat Rock, Mich.
Audi and Voith have signed a letter of intent to develop fibre-reinforced materials, made with a highly automated process, for high volume automotive production.
TRW Automotive Holdings posted net income for the fifth consecutive quarter, driven by improved global vehicle production and ongoing cost reductions.
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Analysts at JD Power are maintaining that the global automotive outlook for 2011 appears positive as the mature vehicle markets recover and emerging markets continue to expand.
TRW Automotive Holdings, which specialises in auto safety systems, booked full year 2010 net profit of US$834m on sales up 24% year on year to $14.4bn.
Penske Automotive Group is again prowling for acquisitions, but it's unlikely to return to the torrid pace of 2007 when it added $1.5 billion in revenues through store purchases.
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TRW Automotive Holdings' president and CEO John Plant is now chairman as well. He has been on the board since 2003.
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AJAC (the Automobile Journalists Association of Canada) and CAA (the Canadian Automobile Association) are pleased to announce they have formed a partnership that will provide Canadian consumers with better access to factual, ethical and honest information on automotive topics that matter to them.
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John Plant, president and CEO of TRW Automotive, has been named chairman of the board, the steering, braking and safety systems supplier announced today.
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New vehicle sales in Vietnam increased by 48% to 10,424 units in January, compared with a very depressed 7,043 units a year earlier, according to the Vietnam Automotive Manufacturers Association.
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BMW Chinese JV partner Brilliance China Automotive Holdings has told shareholders it expects to book a net profit for full year 2010 after a net loss in 2009.
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The European Union (EU) has seen its hopes dashed that safe substitute materials would be developed to allow the phasing out of potentially hazardous metals in automotive materials and parts.
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Penske Automotive, the second-largest U.S. dealership group, said fourth-quarter profit rose 53 percent as rising sales of luxury vehicles made up for losses at the Smart microcar brand. Net income climbed to $28.5 million.
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Shanghai Automotive's MG brand launches its new MG6 models here in the UK in May but it will over a year before the vehicles reach other European countries, after diesel engines become available.
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Last week we learned that De Tomaso was making its automotive comeback with the SLC concept to be presented at the upcoming Geneva Motor Show.
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Mercedes-Benz is to take over distributing the Smart brand from Penske Automotive Group in a move that appears to have been prompted by corporate model range average fuel economy rules.
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Mercedes-Benz has agreed to take over Smart car distribution in the United States from Penske Automotive Group, the companies said Monday.
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Mercedes-Benz has agreed to take over Smart car distribution in the United States from Penske Automotive Group, the companies announced today.
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Mercedes-Benz has agreed to take over Smart car distribution in the United States from Penske Automotive Group. Penske launched the European microcar brand, which is owned by Mercedes' parent, Daimler AG, as an independent distributor in 2008.
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