Despite today's announcement from the SMMT of a big rise in car sales in October, consultants at Deloitte have cautioned that there is a 'perfect storm' of challenges brewing for the UK automotive sector in 2010.
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Russian Prime Minister Vladimir Putin said on Thursday that GM's U-turn over the sale of Opel showed the generally "scornful" approach of U.S. companies when dealing with their European partners.
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Japan's finance ministry is considering imposing higher taxes on vehicles that are less fuel-efficient or not eco-friendly - a move that is expected to be challenged by the auto industry.
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Honda Motor has said it will begin sales of a limited number of the UK-built Civic Type R Euro three-door hatchback in Japan. Only 2,010 units will be available.
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General Motors Co.'s decision to keep its European unit Opel will benefit European taxpayers, especially in Britain, Germany and Spain, British Business Secretary Peter Mandelson said on Thursday.
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General Motors Co.'s decision to keep its European unit Opel will benefit European taxpayers, especially in Britain, Germany and Spain, British Business Secretary Peter Mandelson said on Thursday.
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Nissan will contribute to alliance partner Renault's second half by an estimated EUR134m.
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New cars sales in the UK were up 31.6% year on year in October, their fourth consecutive rise, according to figures released Thursday by the Society of Motor Manufacturers and Traders.
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The Chrysler badge will disappear from cars sold in Europe by 2011 leaving the U.S. carmaker with Jeep as its only nameplate in the region. Under Fiat S.p.
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The Chrysler badge will disappear from cars sold in Europe by 2011 leaving the U.S. carmaker with Jeep as its only nameplate in the region. Under Fiat S.p.
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Toyota booked a first fiscal half operating loss of JPY136.9bn from 582.0bn yen profit a year ago but reported a surprise operating profit of JPY58bn for the July-September quarter, down almost 66% year on year. That has prompted it to reduce its full-year loss forecast.
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A UK government funded project to develop a new all-electric and affordable urban car, manufactured using what is described as an 'innovative and sustainable production process' has been announced.
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Vauxhall's latest takes the compact crown in the Golden Steering Wheel awards.
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Angry German workers are protesting on Thursday after General Motors said it would cut some 10,000 jobs at Opel in a move slammed as a slap in the face for chancellor Angela Merkel.
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Figures for October show new car registrations are up 31.6% to 168,942 units.
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The UK's scrappage incentive scheme has helped restore consumer confidence, the head of a car retailer's trade group said on Thursday.
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The October new car market in Australia was evidence of a broadening economic recovery with sales up year on year for the first time in 16 months, the local trade group said.
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The head of New Zealand's new car importers group has said the local motor industry "isn't out of the woods yet" after October's new passenger vehicle sales were up ony fractionally on September's results and well below October 2008.
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BMW's M division is back in the business of building specialty street-legal race cars with a new lightweight version of the M3 called the GTS.
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BMW's M division is back in the business of building specialty street-legal race cars with a new lightweight version of the M3 called the GTS.
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