New Brit 4x4's go head-to-head, Cosworth Impreza details, ultimate cabrio test, Volvo's RS rival driven
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New vehicle sales in Thailand increased by 43.9% in April to 57,128 units, compared with 39,713 units a year earlier, according to data released by Toyota Motor Thailand.
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Nissan began volume production of its new Micra on Monday at its factory near Chennai. Domestic sales are due to start in July and exports to Europe, the Middle East and Africa from September.
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Visteon said Johnson Controls' US$1.25bn cash offer for its interiors and electronics businesses "continues to lack important information and remains highly conditional and vaguely defined" despite a request for additional clarification in a 17 May letter to JCI.
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Beachcomber-inspired buggy set for production, bosses confirm, classic Moke name likely to be used
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The India unit of Nissan Motor Co. on Monday said it has started producing the Micra subcompact, which goes on sale in India in July and in Europe starting in November.
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UAE'S Aabar Investments, which has a stake in Daimler, on Sunday said it entered into a $800 million loan agreement with lenders.
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VW will announce Tuesday that it will take a 90 percent stake in Italdesign Giugiaro S.p.A, people familiar with the matter told Automotive News Europe.
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Magneti Marelli, Fiat Group's wholly owned parts subsidiary, aims to boost North American sales significantly because of Fiat's alliance with Chrysler Group.
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Sales at North America's largest suppliers turned sour early last year. Then they really got bad.
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A report that the head of Volvo Cars, Stephen Odell, will become CEO of Ford of Europe is "speculation," Ford said.
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Ford Motor Co., working to make a quarter of its vehicles run at least partly on electricity, plans to invest $135 million and add 220 jobs at three Michigan facilities to help it introduce five such models by 2012.
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David Wilson, president of David Wilson Automotive Group in Orange, Calif., owns seven Toyota dealerships and three Lexus stores, including the $75 million Newport Beach, Calif., Lexus dealership he built in 2006.
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A report that the head of Volvo, Stephen Odell, will become CEO of Ford of Europe is "speculation," Ford said.
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General Motors Co.'s first-quarter pretax income of $1.30 billion put an exclamation point last week on the Detroit 3's new reality. The three automakers are by no means robustly healthy.
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General Motor Co. and its Chinese partners are expanding their minivan and pickup truck venture, a move which would boost capacity by nearly 50 percent by the end of 2012, the venture said in a statement.
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Susan Scarola is the first non-Chinese and first person from outside the ownership family to lead DCH Auto Group. Scarola, 59, was named CEO in 2007 after more than 20 years with DCH, a South Amboy, N.J., dealership group with roots in Hong Kong.
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Geely Automobile says it has not yet decided whether to accept an offer to buy more shares in London-based taxi manufacturer of Manganese Bronze Holdings Plc. Geely Automobile already holds a 20 percent stake in Manganese Bronze.
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The public auto retailers aren't the only large dealership groups shopping again for stores. Privately held Staluppi Auto Group is, too. Staluppi, headquartered in North Palm Beach, Fla., is poised for growth.
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VW will announce Tuesday that it will take a 90 percent stake in Italdesign Giugiaro S.p.A, people familiar with the matter told Automotive News Europe.
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