Toyota production in Japan fell 3.5% year on year to 347,639 units last month. Total group production including Daihatsu and Hino fell 1.9% to 426,276.
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Mitsubishi Motors (MMC) is to cut production at its factories in Japan by up to 100,000 units in five months from November due to slow sales.
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Both BMW and Daimler are to idle factories in Germany due to slumping global demand.
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Daimler will go ahead with an 800 million euro investment to build a manufacturing plant in Hungary, despite the global financial crisis, the German carmaker said on Monday.
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Daimler will go ahead with an 800 million euro investment to build a manufacturing plant in Hungary, despite the global financial crisis, the German carmaker said on Monday.
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Porsche plans to gain control of more than 75 percent of Volkswagen in order to pass a domination and profit transfer agreement that would grant it full control of VW's cash flows, Porsche said on Sunday.
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Back in the day, there were two kinds of American car guys. In one camp were the Chevy men; in the other, Ford disciples. The two segments were large, and largely immiscible.
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General Motors Acceptance Corporation (GMAC) is scaling back its Australian and New Zealand operations with the loss of 185 jobs.
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Volkswagen AG wants more than 80 percent of the content of vehicles produced at its planned Tennessee factory to come from North America and plans a supplier park at the site to reach that goal.
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General Motors and Chrysler LLC's owners are discussing a merger that would keep some of Chrysler's operations intact and save jobs with the aim of securing U.S.
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Continental CEO Karl-Thomas Neumann said that supplier consolidation will accelerate in the current industry crisis. Neumann said that this year, between 200 and 300 suppliers will be bought or disappear.
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Michigan dealership group Serra Automotive Inc. has entered bids to buy Bill Heard Enterprises Inc.'s two Chevrolet dealerships in Las Vegas. But the bids are just that -- bids.
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Audi is building a 120 million assembly line in China to help boost sales in its biggest market after Germany. The move is part of Audi's plan to double its sales in China to 200,000 by 2015.
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Mazda aims to replace Ford Motor Credit Company as its dealer finance provider in Europe by year-end.
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AvtoVAZ needs a $1 billion (about 770 million) loan to keep its business running. Russia's largest automaker requires the cash to finance the cars it delivers to its dealers, Boris Aleshin, AvtoVAZ president, said in an interview here.
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General Motors Europe will have more temporary plant shutdowns this year and next year because of likely poor financial results and collapsing sales of its key Opel brand.
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Audi has decided it needs to stop running its Chinese operations from headquarters in Ingolstadt.
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After hitting bottom in May and June, U.S. market shares for full-sized pickups and SUVs have rebounded. But automakers aren't celebrating.
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Londoners were doing double takes as they spotted this jet-black Hummer H3 parked near the Royal Academy of Arts earlier this month.
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The broadening global financial crisis has forced Fiat Group Automobiles to postpone two targets it had set two years ago for 2010: returning the Alfa Romeo brand to the United States and selling 300,000 units a year in China.
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