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Apr
16th

JAPAN: Mitsubishi reduces May operating days at main plant

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Mitsubishi Motors is to cut the number of production days at its main Japanese car factory by one day in May compared with April. Full story...
Apr
16th

MALAYSIA: Proton must find strategic partner – PM

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Malaysian prime minister Datuk Seri Najib Razak has said that Proton needs to continue to search for a strategic partner. Full story...
Apr
16th

Visteon offers deal to end UK strike; union balks

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Auto supplier Visteon Corp. has agreed to provide severance pay to former employees of its United Kingdom facilities in a proposal aimed at ending a dispute that has seen workers staging sit in strikes and picketing Ford Motor Co. Full story...
Apr
16th

SLOVENIA: Renault plant resumes production

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Renault's Revoz plant in Slovenia has now resumed operations after disruption caused by industrial action at a French supplier. Full story...
Apr
16th

GERMANY: Opel bust would not cause bankruptcy surge

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An insolvency at General Motors Europe unit Adam Opel would not lead to a dramatic surge of bankruptcies among car part producers, Oliver Weirauch of the Droege consultancy told a finance daily. Full story...
Apr
16th

UAW, Fiat likely to hold key stakes in new Chrysler

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The UAW and Italy's Fiat S.p.A. could be Chrysler LLC's leading shareholders if the struggling U.S. Full story...
Apr
16th

UAW, Fiat likely to hold key stakes in new Chrysler

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The UAW and Italy's Fiat S.p.A. could be Chrysler LLC's leading shareholders if the struggling U.S. Full story...
Apr
16th

UK: EV help fine but dealers want scrappage scheme first

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The UK's Retail Motor Industry Federation (RMIF) has welcomed government backing for electric cars announced today (16 April) but said the industry still needs a scrappage scheme to boost new cars sales in the economic downturn. Full story...
Apr
16th

Opel could keep going even if GM seeks Chapter 11

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The European unit of General Motors could still pay salaries and continue functioning even if its stricken U.S. parent files for Chapter 11 bankruptcy protection, a spokesman for Opel said today. Full story...
Apr
16th

US: Noble International files for Chapter 11

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Noble International and some of its US subsidiaries yesterday (15 April) filed for Chapter 11 bankruptcy protection, as a result of declining sales volumes and a frozen credit market. Noble's European, Asian and Mexican affiliates were not included in the filing. Full story...
Apr
16th

MALAYSIA: Prime minister calls for Proton alliance

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The Malaysian Prime minister has said he wants to see 'national car maker' Proton look for an alliance with another international automaker. Full story...
Apr
16th

Canada says CAW must make deep concessions

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Workers at General Motors and Chrysler LLC in Canada must take wage and benefit cuts of as much as C$19 ($15.77) an hour to keep the carmakers from bankruptcy protection, Canada's Industry Minister told a newspaper. Full story...
Apr
16th

UK: Visteon approaches union with pay deal

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Visteon Corporation said today that it had presented leaders of the UK union Unite with a solution to address redundancy pay concerns of former employees of Visteon UK, which was placed into administration on 31 March after years of losses. Full story...
Apr
16th

Canada puts $121 million into auto randd

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The Canadian government announced C$145 million ($121 million) in funding today for automotive research and development. Industry Minister Tony Clement made the announcement and said the money was committed as part of the 2008 federal budget. Full story...
Apr
16th

Shanghai show to feature 13 world debuts

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Carmakers are cutting costs these days, but China is one place where they will not be skimping as they battle for customers in one of the world's few remaining growth markets. Full story...
Apr
16th

ITALY: Fiat chief sees April sales rise

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Fiat vehicle unit sales in April in Italy should be higher compared to 2008 and will definitely be up in Germany, brand head Lorenzo Sistino said on Thursday. Full story...
Apr
16th

SOUTH KOREA: GM-Daewoo help gets political

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Political parties have called for populist bailout plans for GM Daewoo to win voters in the Bupyeong district of Incheon, where GM Daewoo's main manufacturing plant is located. Full story...
Apr
16th

US: GM speeds up dealer closure programme – report

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General Motors has told US dealers it is speeding up its timetable for closing about 1,700 outlets as it hurries to meet the Obama administration's 1 June restructuring deadline, people with knowledge of the discussions have said. Full story...
Apr
16th

Part 7: The Magic Box: How one cardboard box can change the world:

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We all need symbols in our life, and for Operation Iraqi Children’s 2009 spring effort, it is the Magic Box. Full story...
Apr
16th

Nissan appoints dealer expert to head Spain and Portugal sales

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Nissan has appointed dealer specialist Manuel de la Guardia to head its sales operations in Spain and Portugal. Full story...
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