Magna International is seeking locations to produce batteries for electric cars, a rapidly growing business as carmakers try alternative power options.
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Ford has announced a US$135m investment in hybrid-electric vehicle parts making that will create about 220 jobs in Michigan.
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New curvaceous CLS coupe caught out in the open ahead of Paris Motor Show debut.
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Volkswagen AG will acquire a 90 percent stake in Italdesign Giugiaro S.p.A., VW said Tuesday.
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Volkswagen AG will acquire a 90 percent stake in Italdesign Giugiaro S.p.A., VW said Tuesday.
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A steering committee of Germany's rescue funds for Opel was meeting today but not expected to reach a definitive decision on aid for the loss-making GM unit, according to Berlin's economy minister Rainer Bruederle.
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Close-up images of production version of Opel's futuristic hybrid testing.
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Russia's Taganrog Automobile Plant (TagAZ) is stopping production of Hyundai vehicles, business daily Vedomosti reported, citing a source at the automaker.
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Twelve million new vehicles will be sold in the US in 2010, a 15% year on year increase as the economic recovery continues, Nissan Motor chief executive Carlos Ghosn has said.
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Russian engineering company Alnas plans to start producing disc brakes for UAZ, UAZ Hunter and UAZ Patriot vehicles, it said.
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Now that European legislation is coming in to make tyre pressure monitoring systems (TPMS) mandatory, the motorist no longer has to pay extra. Matthew Beecham talked with Franco Annunziato, senior vice president, technology, Bridgestone Europe about the future for TPMS, run-flats and the so-called intelligent tyre.
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Russian carmaker AvtoVAZ has said Severstal, the country's largest steelmaker, had halted shipments of rolled steel products to its plant in a disagreement over price.
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Tata Motors is vehemently denying it is to recall its Nano model following a spate of combustion incidents.
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Daimler and Toyota are planning extensive cooperation on automobile fuel cell technology, Financial Times Deutschland reported, citing people familiar with Daimler.
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Guangqi Honda Automobile, a Honda production and sales joint venture in China, has announced plans to expand its annual production capacity from the current 360,000 units to 480,000 units 'in order to meet continuously growing demand in the Chinese market.
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Honda Motor is interested in developing electric car batteries in China to tap the country's technology and vast resources, its chief executive has said, adding that a breakthrough was needed to bring the zero-emission cars into the mainstream.
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Italdesign Giugiaro says there will be no redundancies among its 800-strong workforce following today's (25 May) news Volkswagen is to acquire 90% of the company.
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Industry sources have told just-auto that Ssangyong is planning CKD assembly of its upcoming compact SUV in Russia.
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McLaren has announced 35 markets where it will sell the Formula-One-inspired MP4-12C. Ten markets in North America will sell the ultra-light, high-performance sports car starting in the spring of 2011.
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Moody's Investor Service, a ratings agency, says that it won't upgrade Toyota's credit rating because the company will have insufficient profit.
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