Surging sales of PSA Peugeot Citroen's 3008 and 5008 family-haul models have resulted in the manufacturer extending night shifts at two of its French plants, although unions are querying a potential change in work patterns after that.
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California-based electric car maker Tesla Motors plans to raise up to US$100m in an initial public offering, the Los Angeles Times reported, citing a company filing with the Securities and Exchange Commission (SEC).
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Shares in steel cord manufacturer Bekaert rose after the group says it was acquiring two Bridgestone tyre cord plants with a multi-year supply agreement.
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Toyota Motor has said it was recalling 2005-2010 model year Avalons and 2009-2010 Sequoia cars sold in the Middle East to fix faulty accelerator pedals that have led to the recall of a combined 4.4m cars in North America, Europe and China so far.
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China's Sichuan Tengzhong Heavy Industrial Machinery has reached agreement with General Motors to extend the deadline for a deal to acquire the US company's Hummer brand until the end of February.
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China's Sichuan Tengzhong Heavy Industrial Machinery has reached agreement with General Motors to extend the deadline for a deal to acquire the US company's Hummer brand until the end of February.
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V10 ditched in favour of twin-turbo V8 in new flagship saloon

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We reveal how firm is taking current hot hatch out with a bang – and bring you early glimpse of the sensational hybrid that will replace it
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New car sales in Spain rose 18.1% in January compared with the same month a year ago, according to car manufacturers' association ANFAC.
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Roger Becker, Lotus' director of vehicle engineering, one of the leading lights behind the development of such vehicles as the Europa Twin Cam and the legendary Esprit, Excel, Elan, Elise, Exige models is retiring from the group after 44 years.
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Fiat unions and the Italian government are becoming increasingly disgruntled over chief executive Sergio Marchionne's aggressive decision making, according to media reports in the country.
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Tuner Carlsson unleashes 743bhp coupé

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Hyundai has taken the final steps needed and attended a public hearing by the city council of Piracicaba (112 miles northwest of São Paulo) for the environmental license for its first company-owned plant in Brazil. Construction is due to start in April.
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Announcement reveals big cat will cost from £53,775 when it goes on sale in April.

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After cancelling its third shift late in 2008 and axing 250 workers, PSA Peugeot Citroën is already back to full production in February by reverting to the status quo - and hiring 700 new hourly employees.
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Volkswagen Brazil hopes to sell 1m passenger cars and light commercial vehicles here by 2014. It also exports and has factories with current annual capacity totalling about 850,000 units. Argentine output and imports will not help: augmenting capacity will be a must.
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Honda Leasing (Thailand) Co Ltd, the finance subsidiary of Honda Automobile (Thailand) Co Ltd, said it plans to offer financing on used Honda cars in Thailand this year. So far, the company has focused exclusively on providing loans for new car purchases.
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As widely expected, after Toyota last week recalled its Aygo model, PSA is to recall some similar Peugeot and Citroen models built in the same Czech Republic factory.
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Formula 1 veteran Giancarlo Fisichella will compete the Le Mans Series championship in 2010. The Italian will drive a Ferrari F430 entered by AF Corse.
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Aston Martin Racing will enter two Works LMP1 cars bearing the iconic blue and orange livery of Gulf Oil in the 2010 Le Mans 24 Hours.
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