A lightweight version of the mid-engined Porsche Boxster roadster, the Spyder, is being launched in the UK following rollout to other markets in February.
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Daimler has escaped criminal charges in a US investigation into the firm’s bribery practices. Full story…
Unions have expressed concern about jobs losses at Fiat's factories in Italy that will be partly caused by the automaker's plans to build Fiat, Alfa Romeo and Lancia cars for Europe in Chrysler's North American factories
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American Axle & Manufacturing Holdings, Inc. (AAM), has announced that it has established the Lancaster Manufacturing Facility in Lancaster, Pennsylvania, approximately 75 miles west of Philadelphia.
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Volkswagen will launch the biggest ever rights issue in Germany next month. It is hoped that the 65 million shares offering will raise EUR4bn to help with VW's expansion plans as well as replenish available capital reserves following VW's raised stake in Porsche.
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Chrysler is reportedly seeing a resurgence in US retail sales in March, although overall sales are looking less healthy.
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Porsche has said that the next-generation Cayenne sport utility vehicle will include a hybrid gas-electric version. The vehicle will be launched to the North American market on 31 March.
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Bosch has reached a deal with striking staff at one of its factories in Southern India, with normal production expected to begin today. The company's workers had been protesting since February. However, negotiations at another plant continue.
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China Automotive Systems, a power steering components and systems supplier in China, has announced record financial results for the fourth quarter and fiscal year ended December 31, 2009.
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As part of a restructuring programme in its new strategic plan, Fiat is planning to cut 5,000 jobs in Italy and further rationalise operations, according to an Italian newspaper report.
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Ford said today that sales of Sync, its voice-controlled communications and infotainment system, have hit the 2m mark.
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Stylish Scirocco fighting 2+2 based on Veloster concept
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Daimler and Renault are close to deciding on a wide-ranging strategic partnership that would include a swap of small equity stakes according to the Financial Times.
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French car parts maker Faurecia has gained European Union regulatory approval to buy the German assets of rival Plastal.
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The order book for Volkswagen's jumbo rights issue is set to close later on Thursday, two sources familiar with the transaction told Reuters. VW on Tuesday launched Germany's biggest ever rights issue, seeking to raise around 4 billion euros ($5.
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Passenger car sales in South Africa are expected to increase by almost 10% this year to around 428,000 vehicles after a dismal 2009.
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There is still no decision on whether Germany will provide state to General Motors' European Opel operation following a high level committee meeting yesterday.
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Saab is reportedly in talks with possible partners about exchanging technologies as it tries to return to profit by 2012, according to the head of new owner Spyker.
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A 25% hike in electricity charges due to come into effect in South Africa on April 1 will place strain on car makers and suppliers global competitiveness according to Nissan SA purchasing chief Stefan Haasbroek.
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