Ford executives said the last week of March provided the first uptick in US industry sales since January but stopped short of calling a bottom to the prolonged slump in industry sales.
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Italy's Brembo and SGL Group of Germany are in advanced talks to combine their businesses in carbon ceramic brake discs to share costs, especially in the development of new products for a growing market.
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General Motors has asked for US$2.6bn of low interest government loans to support the development of three new hybrid vehicles, according to a business plan update released this week.
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Despite selling 24.5 percent fewer vehicles, European automakers outperformed the rest of the industry as U.S. sales fell 36.8 percent in March.
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French carmaker Renault SA is aiming for its volumes in Asia and Africa this year to at least equal what it sold in 2008, despite a sharp global sales slowdown, a senior executive said today.
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The Slovak government has said it would extend its auto trade-in bonus scheme aimed at boosting new car sales after its funding ran out last week due to intense demand.
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Almost production-ready luxury saloon is spied at the Nurburgring
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A round-up of the best unveils and surprises from this year's Seoul Show.
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Hot new track day 911 caught testing at the Nurburgring
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Tata Motors Ltd., the Indian automaker that bought Jaguar and Land Rover last year, today said its global new-car sales fell 14 percent in its fiscal year ending March 31.
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The key word of Barack Obama's election campaign was 'change'. And that's what GM and Chrysler are about to experience - big style. Mark Bursa assesses the prospects for what's left of the US auto industry.
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Kia Motors Corp's U.S. sales unit has raised $305 million in an asset-backed loan from six U.S. banks to refinance maturing debt, officials at South Korea's No.2 automaker said today.
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Kia Motors Corp's U.S. sales unit has raised $305 million in an asset-backed loan from six U.S. banks to refinance maturing debt, officials at South Korea's No.2 automaker said today.
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US total light vehicle sales (adjusted for selling days) may have been down 34.2% to 855,358, as calculated by WardsAuto.com, but that was nonetheless well up on February's 687,356 and rather better than Edmunds.com's (unadjusted) forecast of a 42.7% plunge to 774,000 units or JD Power's 798,000 prediction.
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Toyota Motor Corp. is going for the jugular with its upgraded Prius, setting a 2.05 million yen starting price ($20,750) in Japan that is on par with the newly released Honda Insight.
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Antonov, the UK-based vehicle transmission specialist, has strengthened its relationships with the Chongqing and Sichuan governments to create what is said was a firmer and broader platform for the possible formation of a joint venture in China to produce its proprietary TX-6 automatic transmission, which has the major innovation of eliminating the traditional torque converter for a more efficient planetary gearbox.
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V10-engined LFA will be star of Japanese expo.
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Clearest-look yet at VW's GTI-beater with 270bhp
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Home of the best New York Motor Show coverage on the web.
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From: The editors of Britain’s major motoring magazines. Help Britain’s new car buyers – NOW!
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