New vehicles sold by Chrysler, Ford and GM's domestic US brands have improved in initial quality by an average of 10%, compared with 2008, surpassing the 8% rate of improvement by the industry overall, the 2009 JD Power and Associates 2009 initial quality survey showed.
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Larry Jutte, the American Honda manufacturing executive who helped oversee production of nearly 700,000 vehicles and $19.5 billion in purchasing spending last year, will leave the company next month after 24 years.
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Larry Jutte, the American Honda manufacturing executive who helped oversee production of nearly 700,000 vehicles and $19.5 billion in purchasing spending last year, will leave the company next month after 24 years.
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Plug-in electric carmaker Coda Automotive has hired Droga5, New York, as its agency of record, marking the independent hot shop's entry into the category.
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There is little sign this week of any end to a strike that is crippling Ssangyong. As the strike drags on, revenue losses are mounting with some observers speculating that liquidation of assets is getting closer.
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Mini USA has said it will expand its 83-strong American dealer network by 20% during the next 18 months to 100 outlets nationwide.
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Nissan Motor Co. CEO Carlos Ghosn says the U.S. auto market has finally hit bottom but warns that there are still no signs of recovery. "In the United States, the market has stopped declining," he said.
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Toyota Motor Corporations's new president Akio Toyoda, grandson of the company's founder, is part of a new management team that includes four new executive vice presidents and eight new board members.
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Saab is planning a return to its old-brand values with an extended model range as it prepares for a new, independent future owned by a joint U.S.-Scandinavian investment team.
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Fiat S.p.A. plans to temporarily lay off workers at its Termini Imerese plant, near Palermo, Sicily, from July 22 to Aug. 2, a source close to the company said on Tuesday.
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All-new entry-level Porsche will share its platform with the VW Bluesport and takes inspiration from original 550 Spyder
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New Toyota Motor Corporation president Akio Toyoda is unlikely to make drastic changes, a Japanese auto analyst has said.
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Senior executives at two major Japanese automakers have apologised to shareholders for poor financial results and promised improvements.
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PSA Peugeot Citroen said it expects an operating loss of as much as EUR2bn (US$2.8bn) this year on the back of declining sales and the switch to people buying smaller, less profitable cars.
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The US government plans to disclose that Ford, electric vehicle start-up Tesla Motors and Nissan Motor will be among the beneficiaries of a US$25bn loan programme created by Congress to help automakers retool factories for advanced-technology vehicles, the Wall Street Journal reported.
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Automakers are lobbying the European Union to delay an agreed 2011 ban on climate-damaging chemicals in car air conditioners, a letter from auto industry group ACEA shows.
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Consumers taking advantage of the UK's old-for-new scrappage scheme could make a profit of up to GBP1,100 (US$1,800) if they choose the right new car, according to Glass's, publisher of the dealers' price handbook Glass's Guide.
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PSA/Peugeot-Citroen launched a convertible bond to raise up to 575 million euros ($796.8 million) and still expects a 2009 operating loss, though its European sales will fall less sharply than it feared.
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First look inside new Astra roadster, Porsche Panamera driven, new electric Twingo scooped, Mercedes E-Class takes on its rivals
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General Motors India (GMI), will continue to sell vehicles only under the Chevrolet brand, its president and managing director has said.
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