Volkswagen plans to sell its Polo small car in the U.S.
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Fuji Heavy Industries, whose Subaru brand was one of just two brands that posted U.S. sales gains last year, is now the latest Japanese carmaker warning of full-year losses. Fuji Heavy CEO Ikuo Mori said today he now expects a 9 billion yen ($89.
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Magna is considering acquiring assets in Russia, according to business daily Vedomosti.
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As Ssangyong faces bankruptcy and idle factories, allegations that it's Chinese parent SAIC has systematically stolen technology from its Korean subsidiary have surfaced again.
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Apparently its too cold in much for the country for even hearty spy shooters, who have traded their cameras for pens.
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How bad are things getting? In an interview with BBC radio, European Union Industry Commissioner Guenter Verheugen decided not to sugar coat it.
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How bad are things getting? In an interview with BBC radio, European Union Industry Commissioner Guenter Verheugen decided not to sugar coat it.
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Renault's ambitious plans to develop and roll out electric vehicles worldwide are likely to be bankrolled by a EUR400m loan from the European Investment Bank (EIB).
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Honda Motor has extended the temporary shutdown of its UK car assembly plant in Swindon.
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Electric vehicles will replace subcompacts on a Japanese assembly line when Nissan Motor shifts production of its March (Micra) subcompact for Japanese and south east Asian markets from Oppama in Kanagawa Prefecture to Thailand in 2010 when the redesigned model is launched.
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Mercedes celebrates end of the road for SLR with special edition supercar
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Honda will halt production at its UK plant for a further two months because of a slump in new-car sales.
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Johnson Controls Inc. posted its first quarterly loss in 16 years, fueled in part by a 32 percent drop in sales at its automotive unit.
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Honda Motor on Friday said it would cut about 3,100 temporary jobs in Japan by the end of April as it continues to cut domestic production to match falling sales.
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Chrysler is extending shutdowns at three North American plants for another week. It had earlier extended its usual two-week Christmas holiday closures to a month.
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Kia Motors increased its global new-car sales despite falls in Europe and North America in 2008. The Korean brand sold 1.38 million vehicles in 2008, up 8.4 percent from 2007. In North America, Kia¹s unit sales fell 6.6 percent to 310,000.
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Volkswagen plans to sell its Polo small car in the U.S. VW development chief Ulrich Hackenberg said the automaker plans to sell the car in the U.S. to take advantage of American buyers' increasing enthusiasm for smaller, fuel-efficient cars.
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Toyota is to make more cuts at some North American plants in the next few months as it tries to halve completed vehicle stocks.
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Automakers in central and eastern Europe are being hit by Russia's decision to shut off natural gas deliveries to the region.
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Mitsubishi's UK sales and marketing unit is to screen a TV ad for the Lancer Sportback that authorities have ruled can only be shown after the 9pm 'watershed' so children, theoretically, don't see it. The spot was originally commissioned by Mitsubishi New Zealand and filmed in Auckland.
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