Toyota Kirloskar Motors expects to double its sales in the next five to seven years, helped by its new entry level Etios cars to be launched at the end of this year, a top company official has said.
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Continental Tire North America has announced a name change it said better reflects the growth of the tyremaker in both North and South America. Previously known as Continental Tire North America, the new name for the passenger and light truck and commercial vehicle tyre divisions in the region is now Continental Tire the Americas LLC.
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Official images and full details on Nissan's baby SUV
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French firm releases second teaser image revealing more details of new premium MPV
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Mexico could produce up to 130,000 Fiat 500s a year, seen as key to the recovery of Chrysler in the United States, with a US$550m investment, Fiat chief executive Sergio Marchionne has said.
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General Motors' top North America executive has said Toyota Motor's problems would probably lead to more electronics regulations for all automakers while GM itself wanted to add more third shifts.
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US investigators doubt Toyota fully understands its accelerator problems and are even less sure that new floor mats are an adequate solution, a memo to lawmakers showed.
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Nissan North America said the new Juke crossover, to be built at the automaker's UK plant in Sunderland, will join the United States model line next autumn.
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Honda's US unit has expanded a previously announced recall of some 2001 and 2002 model-year vehicles to replace the driver's airbag inflator in an additional 378,758 vehicles in the US The driver's airbag inflators in these vehicles may deploy with too much pressure, which can cause the inflator casing to rupture and could result in injury or fatality.
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Renault is mulling the construction of plant in Algeria that could turn out 50,000 cars a year, the newspaper Le Monde reported, an account the company said was "speculation."
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Honda Motor on Wednesday said it expected sales growth in China to slow in 2010 following a surge last year after Beijing introduced emergency steps to promote new car sales.
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Workers at Fiat's Maserati luxury car plant in Modena, northern Italy, went on strike on Tuesday after management refused to answer union fears that production could be moved to the Bertone factory in Turin.
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The loss of up to 900 Opel jobs at the Figuerelas plant near Zaragoza seems to be a high cost for the country to bear, industry minister Miguel Sebastian told reporters after the company had announced its EUR11bn five-year turnaround plan.
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PSA Peugeot Citroën on Wednesday said its 2009 financial results reflected the impact of the economic crisis, with global sales down 2.2% to 3,188,000 units in a market down 3.1%, revenues down 10.9% to EUR48,417m and a recurring operating loss of EUR689m for the full year.
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