Mitsubishi's European CEO, Tim Tozer, is leaving the Japanese carmaker to join a Dutch dealer group. Veteran Mitsubishi executive Genishiro Nishina will succeed Tozer as the company's European boss on December 23.
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Renault-Nissan and Swiss electric utility company, Energie Ouest Suisse (EOS), have announced that they will establish a vehicle battery-charging network in Switzerland.
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Both Volkswagen and Kia are planning to expand their operations in Slovakia, according to the Slovakian economy minister, Lubomire Jahnatek.
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Bosch said on Tuesday it was temporarily closing down manufacturing activity of starters and generators at its Naganathpura plant from December 19 to December 31.
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Daimler has formed a strategic alliance to develop and manufacture lithium-ion batteries for cars and trucks.
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The Volkswagen works council leader, Bernd Osterloh, has been appointed head of the works council at Porsche Automobil Holding.
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News emerges from Japan that Subaru will quit competing in the World Rally Championship...
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European new car sales dropped 25.8 percent in November, data showed on Tuesday as more vehicle makers announced output cuts and the Big Three U.S. players waited for the government to throw them a lifeline.
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Four-door coupé styling is a radical departure from current S60.
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Worker representatives voted unanimously on Monday to elect Volkswagen labor leader Bernd Osterloh as head of the works council at VW suitor Porsche Automobil Holding, Porsche said.
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The French government said on Monday it was ready to act to save the automobile industry in return for commitment to preserving sites in France.
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The Norwegian government said on Tuesday it will not directly intervene to rescue electric car maker Think after the company on Monday halted production and said it would not survive without the state's aid.
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The Norwegian maker of the Think City electric car on Monday said it is in talks with the government to escape its "urgent financial distress."
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VW's Spanish car maker Seat will further cut production at its main plant in Catalonia in the first half of 2009 in response to diving sales, it said late on Monday.
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President-elect Barack Obama named a group of advocates for action on climate change to top positions in his administration while avoiding a pledge to allow states to have their own greenhouse-gas emissions rules for vehicles.
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The Bush administration could act as early as Wednesday to approve an automaker bailout from its bank rescue fund, with conditions likely to reflect at least those approved by the U.S.
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WASHINGTON (Reuters) -- The U.S. government is still studying how to help the ailing Detroit 3 with cash earmarked for banks, officials said today. They gave no hints that a rescue was imminent.
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Chrysler LLC co-President Jim Press said Monday that the company is not reviving its controversial )x("",sales bank for new vehicles that had been produced without dealer orders.
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Robby Gordon Motorsports announced Tuesday that it will partner with Toyota beginning in the 2009 Sprint Cup Series season.
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