Researchers at Business Monitor International (BMI) say that the outlook for Croatia's car market is 'highly challenging' and they are forecasting a market decline of 22% in 2009.
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New motor vehicle sales jumped 5.4% month on month in May, the biggest increase since early 2005, the Australian Bureau of Statistics said on Monday.
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Volvo Buses, with subsidiary Sunwin Bus, has signed a framework agreement for 1,500 buses with bus operator Bashi Group in Shanghai, China.
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Goodyear is reducing its consumer tyre plant in Union City, Tennessee, from continuous operation to a five-day, three-shift operation on 6 July.
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Engine technology will remain at the core of Honda Motor's development efforts, outgoing CEO Takeo Fukui has said.
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International Automotive Components Group (IAC) has announced that it has executed a definitive agreement to acquire certain operations of Stankiewicz GmbH and Gimotive GmbH (collectively "Stankiewicz") from German administration. Terms of the transaction were not released.
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Laid off auto workers in Spain are to receive assistance from the European Union (EU) after administrative problems holding up the handout appear to have been resolved.
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Renault Samsung has launched its new SM3 compact sedan to Korean media ahead of the sales launch in early July.
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Porsche Automobil Holding SE could be running out of options to repair its finances, with Berlin set to reject its request for a state loan and a purported stake sale to Daimler AG unlikely, analysts said on Monday.
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Chrysler's new management team is wrestling with its first major product decision, and it's a crucial one: how to replace the slow-selling Chrysler Sebring and Dodge Avenger.
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Nearly 20 years after Lee Iacocca retired--and 45 years after he helped launch America's first pony car--the former Ford and Chrysler exec is attaching his visage to this: the Iacocca Silver 45th Anniversary Edition Ford Mustang.
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Nissan Motor will launch its redesigned 370Z sportscar in Korea in August.
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While auto executives talk about the dawn of a new century of automobiles as gasoline-electric hybrid cars enter the mainstream, outgoing Honda President Takeo Fukui says traditional internal-combustion engines will remain at the core of the...
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Ford Motor Co.'s success with its sixth-generation Taurus lies not in the quality of the vehicle--it may prove to be the best sedan the company has ever produced--but in the company's ability to convince customers that this is a Taurus.
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An extraordinary general meeting of AvtoVAZ shareholders has approved taking out a 25bn ruble one year interest free loan from state owned industrial conglomerate Rostekhnologii, the carmaker said in a statement Monday.
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Detroit needs a whole new attitude and far more fuel-efficient cars, a new study by the University of Michigan Transportation Research Institute concludes.
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Despite the continued struggles of local automakers Saab and Volvo, Swedish companies have grown more upbeat in recent weeks but remain wary of setbacks for the economy, a survey carried out by the Nordic country's central bank showed on Monday.
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Despite the continued struggles of local automakers Saab and Volvo, Swedish companies have grown more upbeat in recent weeks but remain wary of setbacks for the economy, a survey carried out by the Nordic country's central bank showed on Monday.
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Frost & Sullivan analyst Andriy Ivchenko is optimistic that GM's decision to build the new Astra at its St Petersburg plant will underpin bright prospects for the firm in Russia in the medium-term.
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Just a few months into the Government-backed scrappage scheme, and it's already a roaring success!
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