The European dealers' association CECRA is asking all European governments to launch scrappage incentive schemes to boost sales of new cars.
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Ford Motor Co. and the UAW have reached an agreement on changes to the union's health care trust for retirees. The proposed modifications to the Voluntary Employees' Beneficiary Association, or VEBA, were not disclosed.
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Computers, mobile phones and other electronic devices regularly download software updates to keep obsolescence at bay. That's not the norm for cars. But that could change thanks to an automotive software architecture developed by European researchers to keep vehicles up to date with the latest technology.
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Take a look at some of the most interesting and unique Geneva Motor Show posters from the last 85 years.
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Chrysler let slip the names to two upcoming Alfa Romeo models in its survival plan submitted to Congress--and here is a look at one of them, the Milano.
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Chrysler let slip the names to two upcoming Alfa Romeo models in its survival plan submitted to Congress--and here is a look at one of them, the Milano.
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Mercedes-Benz will give a world debut to its E-class coupe at the Geneva auto show in March.
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The UK van manufacturer LDV has asked the British government for emergency loans to help fund a management buyout from Russia's Gaz Group.
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Honda Motor said on Monday it currently sees no serious buyer for its Formula One team though a management buy-out offer was reportedly once on the table.
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Honda, like Toyota, plans to have a new president from June.
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Sales of vehicles, excluding minivehicles, could fall below 3m in 2009, a Japanese dealer group said on Monday.
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Toyota Motor plans to cut parent-only global automobile production by 20% in 2009 to 6.5m units as demand plunges, the Nikkei business daily said on Monday.
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Assembly lines at some Volkswagen plants in Germany fell silent on Monday as Europe's biggest carmaker switched to a short working week for the first time in 26 years.
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Wide interest has been shown in investing in loss-making General Motors unit Saab, a top executive has said.
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General Motors' German unit Opel will present a business plan to the German government in coming days, responding to calls to present such a plan to obtain state guarantees, as political support for state help varies.
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The German government distanced itself today from any commitment to Opel's future, saying it would wait for the automaker to present a business plan before considering state guarantees.
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Turkish carmaker Tofas is keeping its 290 million euro ($365 million) investment plan, according to a newspaper report. Tofas is joint a venture between Italy's Fiat and Turkey's Koc Holding.
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Hyundai's Nosovice factory in the Czech Republic is Europe's newest car plant, and takes modular assembly to a new level, as Mark 'Coolbear' Bursa discovers.
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Struggling van-maker LDV has asked the government for millions of pounds in emergency loan finance to help secure its future.
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Although there were reports last week that currency and other factors had added £1,000 or so to the prices, Honda UK has nonetheless managed to pitch its new entry-level Insight hybrid SE GBP2,380 under Toyota's Prius at GBP15,490. How Toyota, with a redesigned Prius waiting in the wings will respond, remains to be seen.
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