Toyota Motor president Akio Toyoda will tour the United States next month on a trip expected to focus on his company's handling of safety problems, company sources in Japan said on Thursday.
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General Motors said on Thursday it would add a second shift at its Oshawa car assembly plant in the fourth quarter of 2010 for North American production of the Buick Regal, which is slated to commence in the first quarter of 2011.
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BorgWarner has reported fourth quarter net earnings of $52.7m, or $0.45 a share, compared with a net loss of $81.4m, or $0.70 per share in fourth quarter 2008. Q4 2009 included non-recurring items of $0.03 per diluted share while Q4 2008 included net non-recurring items of -$0.70 per share. Sales grew 28.6% and positive free cash flow was $79.9m.
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New car sales in Italy are set to fall sharply this year as the Italian government has indicated that it will not be renewing scrappage incentives for car purchase.
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Fresh-faced VW SUV gets impressive update and updated range of engines.
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Daimler and Renault are discussing a deal to develop and produce the next generation Smart and Twingo, according to a report in Thursday's Financial Times Deutschland.
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As GM's global value driven brand, Chevrolet is well positioned in emerging markets. But the brand is also building sales in developed markets - such as Western Europe. In the UK, Chevrolet enjoyed record sales in 2009. Dave Leggett talked to Chevrolet UK MD Mark Terry about prospects for the brand in the UK market
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Kia will have its first hybrid on sale in the US before the end of the year, the company's director of communications Alex Fedorak told reporters at the Chicago motor show.
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Bankrupt South Korean automaker Ssangyong Motor has signed a deal to export up to 15,500 vehicles to Vietnam over the next five years.
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Ford has revealed that a version of its soon to be launched two-litre EcoBoost petrol engine will power the next generation Focus ST.
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Toyota has up to 70,000 vehicles still stranded in US dealer stock due to defective accelerator pedals that are the subject of a major recall, an executive said.
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Over 1,100 car dealers are expected to take part in the government's "cash-for-clunkers" programme, the industry and trade ministry said in a report cited by Prime-Tass.
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One-off Impreza aims to deliver best all-wheel-drive performance package to date.
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Fiat and Russian partner Sollers will today sign a EUR2.4bn (US$3.29bn) deal to build up to 500,000 Fiats and Chryslers a year, Moscow told reporters on Wednesday.
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Volkswagen's redesigned Touareg large SUV - same size as before but up to 200kg lighter - now includes a petrol-electric hybrid version.
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Renault said on Thursday it had met its priority objective for 2009 of positive free cash flow after reported revenues down 10.8% year on year to EUR33.7bn though up 25% in the last quarter. Group operating margin was negative EUR396m, operating loss was EUR955m and the net loss was EUR3.07bn, half of which was attributable to the contribution from associated companies.
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Striking concept previews plug-in hybrid technology for new family car.
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GREENVILLE - BFGoodrich® Tires is looking to continue its domination at the 2010 Griffin King of the Hammers in Johnson Valley, Calif. on Fri., Feb. 12 with its third straight victory. In 2008 and 2009, competitors on BFGoodrich tires won five of the six possible podium spots with the coveted King of the Hammer scepter going to Shannon Campbell in 2008 who then handed it off to Jason Scherer in 2009.
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WHITE, GEORGIA -- Toyo Tire North America Manufacturing Inc. (TNA), manufacturer of Toyo Tires® and Nitto® brand tires, recently produced its 5-millionth tire. Considered the most technologically advanced manufacturing facility in the global network of Toyo Tires plants, TNA is located in White, Georgia, a community of Bartow County.
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