Minicars made by Toyota, Honda and Daimler AG did poorly on frontal crash tests with mid-sized automobiles, prompting an influential safety organization to suggest consumers consider buying larger cars that have comparable fuel economy.
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Shares in British car dealer groups Pendragon, Lookers and Inchcape have risen by as much as 40% as it looks increasingly like the UK government will introduce an old car scrappage incentive scheme in its annual budget statement later this month.
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Mitsubishi Rayon has said its plans to acquire British chemical producer Lucite International Group in a friendly takeover to become a leading manufacturer of methyl methacrylate for car parts and electronics devices such as liquid crystal displays was being held up by Chinese regulators but that there would be no change to the deal.
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GM and Ford will maintain their investment plans in Brazil according to the local Estado newswire.
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Russian tyre producer Nizhnekamskshina has said that it produced 1.505m tyres in the first quarter of this year, a drop of 48.5% on the same period of last year.
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Volkswagen has said that it sold a record number of cars in mainland China and Hong Kong in the month of March, as demand for its products boomed amid official measures to encourage the new car market there.
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Skoda's first off-roader spied on test
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Mazda takes aim at Ford's Ka with a fresh new city car
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Hottest variant of Porsche's bestseller caught out
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New soft-top snapped out testing
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Mercedes set to have another go with Executive Estate MPV
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Hottest Scirocco yet spied testing ahead of its debut at the Nurburgring 24-hour race in May
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Bridgestone Corporation is to increase capacity at its Chinese plant in Wuxi, Jiangsu province.
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GAZ has suspended production of the Volga Siber, a previous generation Chrysler Sebring sedan updated for the Russian market, local media reports said.
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China's FAW is reportedly interested in the possibility of setting up a manufacturing unit in West Bengal.
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General Motors' (GM) St Petersburg plant has re-opened at full production after a partial suspension that had been in effect since 30 March.
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General Motors' Saab unit said today it would lay off 701 employees after talks with labor unions, scaling back the originally planned 750 that were given notice of redundancy a month ago.
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Revoz, the Slovenian unit of Renault, said on Tuesday it halted production on April 9 because a subcontractor went on strike.
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