TRW Automotive has trimmed more jobs at its east Mesa airbag inflator plant in Arizona and put remaining workers on short work weeks to cope with decreased demand, a company official told a local paper.
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Chrysler LLC said today that it had extended the deadline for its U.S. blue-collar workers to accept retirement incentives and buyouts to leave the company.
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Canadian auto parts company Magna International has agreed to meet with American officials to discuss a last-minute effort to keep a plant in New York from closing, Toronto's Globe and Mail paper reported.
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Negotiations between Chrysler Canada and the Canadian Auto Workers include reducing an $80m healthcare bill for 'snowbird' retirees.
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Three sources with direct knowledge of the sale process have said Geenral Motors' up-for-sale Hummer line does have a few offers and that active discussions are ongoing, but that a deal is still not certain.
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The Toyota-PSA Czech car making joint venture TPCA has postponed a plan to boost production capacity to 340,000 cars this year due to the global downturn but its output should nonetheless grow slightly on higher demand for smaller cars.
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General Motors Corp. will halt Cadillac sales in more than half of the brand's European markets following the collapse of its regional distributor. The U.S.
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General Motors will halt Cadillac sales in more than half of the brand's European markets following the collapse of its regional distributor. The U.S.
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Volvo can use the economic crisis to win customers from German premium brands, Chief Operating Officer Steven Armstrong said.
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The Slovak economy ministry has proposed doubling the subsidy given to car owners who scrap old vehicles and buy new ones, potentially adding EUR33.2m to the scheme.
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Honda's new Insight hybrid hatchback has been on sale barely a week in the United States. But the company's sprawling plant here is already churning out 600 a day.
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Honda's new Insight hybrid hatchback has been on sale barely a week in the United States. But the company's sprawling plant here is already churning out 600 a day.
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Russia's largest car manufacturer AvtoVAZ is to further cut production in the coming months, endangering its full-year targets, the daily Vedomosti reported.
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MUNICH -- Fiat's former marketing head Luca de Meo will join Volkswagen group by September, VW sources said.
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It might be the oil-rich state, but Texas will be the first U.S. home for Daimlers innovative, environmentally aware car2go pay-as-you-go city-transport concept.
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Continental has launched a new technical centre in Bangalore and expects to invest about INR1.5bn ($US29m) every year for its operations.
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The steep decline in European auto production in January and February will make it nearly impossible for automakers to avoid operating losses in the first quarter. Volkswagen group already has warned it may lose money in the first quarter.
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Hindustan Motors sees no growth in sales of the Mitsubishi models it imports and assembles this fiscal year and also foresees profit pressures due to foreign exchange movements.
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Top Indian car maker Maruti Suzuki, has no plans to enter the Nano segment, even though it expects the world's cheapest car to have a marginal impact on sales of its 800cc small car which is based on an early 1980s Alto model.
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Seat's new old-Audi-A4-based Exeo flagship, on sale here in the UK from 2 April, enters what the company is calling "a sliver of space" between the sub-premium cars like the Honda Accord and VW Passat and the volume cars such as Ford Mondeo, Peugeot 407 and Vauxhall Insignia.
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