Kuwait's sovereign wealth fund, the Kuwait Investment Authority (KIA), denied today it was in talks to invest in German auto parts supplier Continental AG.
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Mitsubishi Motors Thailand said it plans to rehire up to 1,000 workers in the fourth quarter in anticipation of stronger demand.
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A meeting on Wednesday between General Motors and German government officials will not yield a decision on which bidder will succeed in taking a stake in Opel, a German government source said on Tuesday.
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A meeting on Wednesday between General Motors and German government officials will not yield a decision on which bidder will succeed in taking a stake in Opel, a German government source said on Tuesday.
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A meeting on Wednesday between General Motors and German government officials will not yield a decision on which bidder will succeed in taking a stake in Opel, a German government source said on Tuesday.
Full story...
A meeting on Wednesday between General Motors and German government officials will not yield a decision on which bidder will succeed in taking a stake in Opel, a German government source said on Tuesday.
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A meeting on Wednesday between General Motors and German government officials will not yield a decision on which bidder will succeed in taking a stake in Opel, a German government source said.
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Faurecia raised its cost-cutting target and predicted a very slow recovery after an unprecedented drop in auto production pushed it to a first-half operating loss.
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French auto supplier Faurecia today said it lost $266 million during the first half of the year and anticipates North American sales to fall 35 percent during the second half.
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Faurecia raised its cost-cutting target and predicted a very slow recovery after an unprecedented drop in auto production pushed it to a first-half operating loss.
Full story...
Faurecia raised its cost-cutting target and predicted a very slow recovery after an unprecedented drop in auto production pushed it to a first-half operating loss.
Full story...
Faurecia raised its cost-cutting target and predicted a very slow recovery after an unprecedented drop in auto production pushed it to a first-half operating loss.
Full story...
French auto supplier Faurecia today said it lost $266 million during the first half of the year and anticipates North American sales to fall 35 percent during the second half.
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Ford Motor Co. said its vehicle sales in China rose 14 percent to 197,212 units in the first half from a year earlier. Changan Ford Mazda, a tie-up with Chongqing Changan Auto Co.
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Four two-door cars received the highest safety rating in frontal crashes and two received that rating for side collisions in recent testing by the Insurance Institute for Highway Safety.
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DriverSide.com, a Web site specializing in used-car maintenance and remarketing for consumers, has joined with Experian to provide users with vehicle history reports.
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DriverSide.com, a Web site specializing in used-car maintenance and remarketing for consumers, has joined with Experian to provide users with vehicle history reports.
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Four two-door cars received the highest safety rating in frontal crashes and two received that rating for side collisions in recent testing by the Insurance Institute for Highway Safety.
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Four two-door cars received the highest safety rating in frontal crashes and two received that rating for side collisions in recent testing by the Insurance Institute for Highway Safety.
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Continental AG's CEO Karl-Thomas Neumann is planning to propose a 1 billion euros ($1.42 billion) capital increase, a German daily newspaper said. Neumann will present a strategy concept to the supervisory board at the end of July.
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