The Sino-Japanese joint venture Honda Motor (China) Investment Company has now exported 100,000 Jazz (Fit) cars to over 20 countries in Europe, allowing cars made in China to penetrate the European market which has the strictest quality requirements, and has won a reputation for products made in China.
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Perchance a glimmer of hope amongst the gloom?
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Privately held bearings maker Schaeffler plans to file for European Commission approval to take over German auto parts maker Continental on Friday and expects Brussels to clear the deal by year end.
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Nissan Motor on Friday announced a production cut of another 72,000 units on top of its half-year announcement of 65,000 units in Japan as part of a 200,000-unit global output cut.
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Doubts grew in the US yesterday about the chances of an additional US$25bn rescue of the Detroit 'big three' automakers, analysts said GM alone needs up to $30bn in aid and the EU today threatened to complain about any 'illegal' aid to the World Trade Organisation.
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German carmaker Porsche denied market talk on Friday it could be interested in buying a stake in German automotive supplier Continental.
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Owner Simon is worried about his 330d’s health after garage fuel mix-up.
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Just as electric cars are taking off, experts have revealed the raw materials for making the batteries might run out.
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Is it Christmas already? It must be, because Lamborghini has launched a new range of seasonal decorations!
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Fans can log on to take part in design of next two-seater from British firm.
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Respected analyst Leticia Costa, president of Booz & Co in Brazil, has conducted several studies and scenarios at the request of the union of auto parts manufacturers (Sindipeças) and advised caution but no turnaround in investments already planned for next year.
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Global sales for French carmaker Renault plunged in October, forcing it to reduce its production levels, the company said on Friday. The three makes produced by Renault Renault, Dacia and Renault Samsung sold 188,116 vehicles last month, down 14.
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Renault is cutting production at a number of plants, as part of a package of inventory-cutting measures, by scheduling 'days not worked' at several sites in France and Europe.
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When the outgoing BMW 7 Series (E65/E66) was introduced late in 2001 its exterior styling became a source of some controversy, especially in Europe, writes Dave Leggett. The flamboyant lines that culminated in the raised rear (dubbed the 'Bangle Butt' after designer Chris Bangle) jarred with conservative-minded BMW loyalists who prefer evolutionary design advances that support strong residuals.
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When the outgoing BMW 7 Series (E65/E66) was introduced late in 2001 its exterior styling became a source of some controversy, especially in Europe, writes Dave Leggett. The flamboyant lines that culminated in the raised rear (dubbed the 'Bangle Butt' after designer Chris Bangle) jarred with conservative-minded BMW loyalists who prefer evolutionary design advances that support strong residuals.
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Three big European credit insurers have removed cover from suppliers of troubled U.S. carmakers General Motors and Ford Motor, the Financial Times reported on Friday.
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The European Union might complain to the World Trade Organisation about U.S. plans to help its stricken car industry, European Commission President Jose Manuel Barroso said on Friday.
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The CEO of German carmaker Daimler does not see an increased risk of being taken over as a result of a strong decline in its share price recently, German newspaper Bild reported Friday. "The risk of a takeover has not grown.
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Following General Motors' plea to dealers and employees to lobby their local political representatives in Washington for additional aid to the auto industry, Chrysler last night extended its plea to the public.
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New 3008 crossover targets Nissan's top selling family car.
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