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May
20th

2011 VW Touareg spied

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Next-generation SUV grows in size but sheds the pounds!


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May
20th

GERMANY/US: GM expects at least three Opel bidders

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General Motors said on Wednesday it expected at least three bidders for a stake in Opel to hand over plans to the German government ahead of a 1600GMT deadline. Full story...
May
20th

COLOMBIA: Sales off 23% but tally 3rd best YTD

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After the first four months of this year, two things are clear in the Colombian automotive market: sales have fallen 22.7% but 2009 is nonetheless third by volume at this stage since record-keeping began. Full story...
May
20th

VENEZUELA: GM suspending operations for 3 months

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General Motors will suspend operations in Venezuela for at least three months from June due to falling sales and government import and currency restrictions. Full story...
May
20th

US: GM ‘offshoring’ plans a “real problem”

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General Motors plans to close factories and ship some US production overseas has become a "real problem" in negotiations with auto workers on concessions, but changes in the company's business plan are possible, two US lawmakers have said. Full story...
May
20th

Swedish government upbeat on Saab after meeting suitors

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The Swedish government is upbeat about the future of carmaker Saab after recent meetings with potential buyers of the loss-making General Motors unit, a senior government official said on Wednesday. Full story...
May
20th

Sweden upbeat on Saab after meeting suitors

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The Swedish government is upbeat about the future of carmaker Saab after recent meetings with potential buyers of the loss-making General Motors unit, a senior government official said on Wednesday. Full story...
May
20th

ITALY: Fiat plans to close 2 factories – Il Sole 24 Ore

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An Italian newspaper has reported that Fiat plans to shut two factories under a business plan submitted to the German government. Full story...
May
20th

CANADA: GM, CAW, get final agreement deadline

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General Motors and the Canadian Auto Workers (CAW) must reach a cost-savings deal by 31 May to qualify for a government rescue package, Canada's industry minister Tony Clement said, days after the two sides failed to meet an earlier target date. Full story...
May
20th

JAPAN: Mazda production rises on increased demand

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Mazda is to cancel a planned two-day suspension of production at its plant in Hiroshima, Japan, next month because of increased demand for new cars following the introduction of government stimulus measures in Japan, China and Europe. Full story...
May
20th

Potent VW Scirocco R previews powertrain for hot Golf:

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The trend toward engine downsizing has reached Volkswagen’s more-affordable performance models. Full story...
May
20th

UK: M&A speculation heating up – UBS

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Investment bank UBS has said in a research note that it is increasingly confident 'that the proposed merger of Fiat Auto and GM Europe is gaining acceptance among politicians and unions in Germany'. Full story...
May
20th

TURKEY: Fiat boosts market share

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Fiat saw sales of cars and LCVs in Turkey rise 40% year-on-year in April to 10,032 to give it a market-leading 19.1% share. Full story...
May
20th

Insignia VXR estate is go

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Blending V6 power with vast luggage area, Vauxhall unleashes fastest-ever carrier


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May
20th

VW concept previews Polo GTI

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VW fans are treated special editions of the new Polo and Golf at annual GTI meet in Austria
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May
20th

VW to reveal electric car

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New plug-in Vauxhall Ampera rival set for Frankfurt debut
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May
20th

VW unleashes hottest Scirocco

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Scorching R version is ready for debut, with 261bhp turbo engine on tap for storming pace
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May
20th

TAIWAN: New distributor for Skoda and Seat

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Liberty Motors, part of the Swire Group, has taken on the Skoda and Seat franchises in Taiwan, replacing Audi following Volkswagen Group´s decision to establish a wholly-owned office in the country. Full story...
May
20th

THAILAND: Vehicle sales down for 11th consecutive month

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Thai vehicle sales in April fell for an 11th consecutive month, plummeting 27.4% year-on-year after further domestic political upheaval. Full story...
May
20th

HONG KONG: Geely shares on sale to fund acquisition

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Geely Automobile Holdings and its chairman are selling up to HK$1.1bn (US$141m) of shares at a discount of 4.8-8.3%, IFR Asia reported. Full story...
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