Deutsche Post has selected Iveco to be its commercial vehicle partner, with 4,500 of its 7,500-strong vehicle fleet currently used under the DHL brand in Germany due to be replaced with new Ivecos over the next three years.
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There hasn't been much good news for the UK midlands motor industry of late - but UK-based electric car specialist Zytek has received a boost with the contract to build and fit the electric drivetrain for the second-generation Smart Fortwo ED at its facility in Fradley, Staffordshire.
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Dacia, Renault's Romanian budget brand, launched its first-ever concept car at Geneva, an innovative leisure vehicle that revives the Duster nameplate.
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Nissan, Honda and Mazda may join Toyota in seeking emergency loans from the Japanese government as they confront plunging sales and tightening credit.
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Daimler AG has to pay the U.S. government back taxes worth $700 million for leasing contracts dating between 1995 and 2000, a company spokeswoman said today.
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The latest British Car Auctions (BCA) Pulse report for February shows that average used car values have risen for the fourth month running. February 2009 posted a GBP435 rise against January (up 8.4%), which was itself GBP300 up on December's figures.
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Germany's Daimler, maker of Mercedes cars, today reported a massive drop in sales for February. The company said it sold a total of 72,000 vehicles last month, a decline of 25 per cent from February 2008.
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Germany's Daimler, maker of Mercedes cars, today reported a massive drop in sales for February. The company said it sold a total of 72,000 vehicles last month, a decline of 25 per cent from February 2008.
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UAW members at New United Motor Manufacturing (NUMMI) - a GM-Toyota JV in California - have approved a proposal which requires them to take Fridays off without pay through to August 7.
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China's passenger car sales in February jumped 33% year-on-year according to the China Passenger Car Association.
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A German newspaper has reported that GM has ceded patents obtained by its Opel unit to the US Treasury in exchange for public aid.
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Ford has started producing Ford Mondeo cars at its Russian plant near St Petersburg.
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Fiat has said it will set up a production line in Poland to produce its new reduced-emission MultiAir engines.
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The EU's executive has called for a meeting between GM and EU member states affected by General Motors' financial problems amid growing concerns over GM's financial crisis.
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The EU's executive has called for a meeting between EU member states affected by General Motors' financial problems amid growing concerns over GM's financial crisis.
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Daimler is making two key moves to realign its design organization. The German automaker is creating its own center of excellence for vehicle interiors and opening a design studio in China.
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Bosch has revealed that in January this year, Bosch passed the 50m milestone for the production of common-rail systems produced for diesel engines.
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Spanish auto parts maker Cie Automotive posted a 6% jump to EUR53.8m in 2008 profits, helped by the strong performance of recently acquired businesses in emerging markets.
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TRW has unveiled its integrated Electric Park Brake (EPBi) system. EPBi removes the requirement for a separate Electronic Control Unit (ECU) due to its integration with the electronic stability control system.
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The board of directors of BorgWarner has announced the temporary suspension of the company's quarterly dividend of $0.12 per share until global economic conditions improve.
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