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Mar
30th

RUSSIA: Toyota suspends production for six days

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Toyota on Monday suspended for six working days production of Camry models at its plant near St. Petersburg. Full story...
Mar
30th

RUSSIA: Putin promises AvtoVAZ state aid

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AvtoVAZ can expect over 20bn roubles in state funds and should attract a further 90bn itself, Russia's prime minister Vladimir Putin said on Monday. Full story...
Mar
30th

BRAZIL: Ford offers buyouts

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Ford Brazil is offering a buyout programme for its local employees, according to Estado newswire. Full story...
Mar
30th

TURKEY: Ford Otosan suspends output again

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Ford Otosan has again suspended production at its Kocaeli plant until 1 April, according to news agency Anadolu. Full story...
Mar
30th

Fritz Henderson is GM’s go-to guy

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Fritz Henderson, the successor to Rick Wagoner as CEO of General Motors, is a widely-traveled global executive who has become GM's go-to guy in pressure negotiations. Henderson, 50, became GM's president and COO in March, 2008. Full story...
Mar
30th

JAPAN: Auto output plunges again

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Japan's domestic vehicle production fell 56.2% year on year in February to 481,396 units, marking the steepest fall since comparable data became available in 1967 for the fourth consecutive month, an industry body said on Monday. Full story...
Mar
30th

INDONESIA: Vehicle sales drop 20% in February

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Vehicle sales in Indonesia declined by 20.4% year-on-year in February to 35,757 units, according to data released by the country's largest brand distributor - Toyota Astra Motor. Month-on-month sales declined only slightly - by 1.8%, a tentative sign that the market has begun to stablise compared with sharp month-on-month declines in the fourth quarter of 2008. Full story...
Mar
30th

ITALY: Fiat shares fall on US uncertainty

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Fiat shares fell on Monday after the US government warned that its planned partner Chrysler faced an uncertain future and set a deadline for an alliance. Full story...
Mar
30th

GOLDING’S TAKE: Make room in the early bath, Sergio needs freshening up

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The world order in the auto industry changed dramatically today with Rick Wagoner of GM and Christian Streiff of PSA Peugeot Citroen both sacked. The reasons are different. The underlying cause is the same. Full story...
Mar
30th

GERMANY: Conti chiefs firm on tyre closures

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Continental's CEO and chairman are adamant the company will close tyre production sites in Hanover and Clairoix, France, despite protests by affected workers. Full story...
Mar
30th

GERMANY: Chancellor to visit main Opel plant

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Well more than 100 journalists are expected to head for Opel's key Rüsselsheim factory on 31 March when federal chancellor Angela Merkel, defence minister Franz Josef Jung and assorted Hessen state officials visit. Full story...
Mar
30th

GERMANY: GME union not sorry at Wagoner departure

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No General Motors Europe union tears will be shed for departing GM chairman and CEO Rick Wagoner. Full story...
Mar
30th

US: GM, Chrysler fail to show viability

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Restructuring plans submitted to the federal government by General Motors and Chrysler in their bids to secure more bailout loans failed to show how they could be viable, the auto industry task force said on Monday. Full story...
Mar
30th

EU clears Spain’s auto industry aid for green cars

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A plan by Spain to grant interest rate subsidies to automakers and suppliers for green cars has won approval from the European Commission. Full story...
Mar
30th

First official pictures of VW’s oil burning hot hatch – Volkswagen Golf GTD

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Ever fancied a fast Golf without the fuel bills of a GTI? Well Volkswagen thinks it has the answer!


Full story...
Mar
30th

FRANCE: PSA sacks chairman and CEO

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PSA's supervisory board, chaired by Thierry Peugeot, on Sunday fired chairman and CEO Christian Streiff, appointing steelmaker Corus' CEO Philippe Varin in his place from 1 June. Full story...
Mar
30th

Putin: AvtoVAZ to get more than 20bn rubles from state

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Russia's largest car maker, AvtoVAZ, can expect more than 20 billion rubles (about $587.4 million) in state funds and should attract a further 90 billion rubles itself, Russia Prime Minister Vladimir Putin said on Monday. Full story...
Mar
30th

Putin: AvtoVAZ to get 25bn rubles from state

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Russia's largest car maker, AvtoVAZ, can expect 25 billion rubles (about $733.7 million) in state funds and should attract a further 90 billion rubles itself, Russia Prime Minister Vladimir Putin said today. Full story...
Mar
30th

US: Obama pushes GM chief out

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General Motors' chairman and CEO Rick Wagoner at the weekend fell on his sword and quit under pressure from the Obama administration ahead of today's presidential announcement that gave GM and Chrysler more time and capital to restructure, hinted at structured bankruptcies, revealed new incentives to spur sales and promised support for communities hit by the auto industry downturn. Full story...
Mar
30th

Australian Grand Prix

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Brawn GP scores an incredible one-two in an action packed Australian grand prix.


Full story...
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