Ricardo, a UK engineering and automotive consultancy group, reported a 11 percent rise in first-half pretax profit helped by robust pricing, improved project delivery and cost savings.
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Volkswagen's Czech unit, Skoda, will resume a five-day working week for most of its models as of March, thanks to a pick up in demand, a Skoda spokesman said.
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Who knows what 'aetiology' means? It's a branch of science dedicated to finding the causes of something. European researchers have been busy updating the aetiology of road accidents and studying which technologies can make our roads safer for everyone.
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Who knows what 'aetiology' means? It's a branch of science dedicated to finding the causes of something. European researchers have been busy updating the aetiology of road accidents and studying which technologies can make our roads safer for everyone.
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Opel's dealers have offered help for the troubled carmaker that could include cash aid or taking a stake in the company. "We are ready to invest in Opel's future," said Jaap Timmer, chairman of the European Opel dealers' association EURODA.
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Italy's new-car registrations for February likely declined by up to 30 percent, an industry official said.
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Ford Motor, which has not sought U.S. government emergency aid, said it has adequate liquidity amid worsening industry conditions and has no doubt about its ability to continue as a going concern.
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Austrian contract carmaker Magna Steyr will continue to build the Mercedes-Benz G-Class SUV until the end of 2015. Magna has already built 200,000 units of the rugged, boxy G-Class, which started out as a military vehicle.
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General Motors sources today confirmed press reports that its Opel subsidiary could sell a German car plant to Daimler.
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Automotive News Europe's comprehensive guide to product launches at the 2009 Geneva auto show is now available online.
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General Motors sources today confirmed press reports that its Opel subsidiary could sell a German car plant to Daimler.
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General Motors' German subsidiary Opel has contacted Mercedes parent Daimler over plans to sell its Eisenach plant where Opel manufactures the Corsa small car, a German newspaper reported.
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General Motors' German subsidiary Opel has contacted Mercedes parent Daimler over plans to sell its Eisenach plant where Opel manufactures the Corsa small car, a German newspaper reported.
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F1 teams have pressured Bernie Ecclestone to reinstate a grand prix in North America, but no immediate solution is apparent, team boss and co-owner Sir Frank Williams said on Thursday.
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F1's new bodywork rules may have brought an end to a lot of the cars' overt aerodynamic detail, but it has not halted the innovation of the teams.In the meantime, the global crisis halts F1 theme park project mid-way through construction.
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Jenson Button has agreed to cut his 2009 retainer in half as the Honda team survives the withdrawal of the Japanese manufacturer.
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Kazuki Nakajima admits it is possible Toyota will follow its Japanese manufacturer rival Honda out of formula one.
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Long-time sponsor DuPont will be dramatically reducing its program this year as part of its companywide cost cutting and instead of entertaining guests at the 37 races it had last year it will be only present at six races in 2009.
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Jean Alesi held off a charging Christopher Zoechling to win a close finish in the opening Speedcar Series race at Dubai Autodrome on Friday afternoon.
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Radical cost-slashing rules for 2010 will make it easier for new teams to enter formula one and survive.
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