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May
24th

This week’s mag

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New Brit 4x4's go head-to-head, Cosworth Impreza details, ultimate cabrio test, Volvo's RS rival driven
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May
24th

THAILAND: Vehicle market up 44% in April

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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. Full story...
May
24th

INDIA: First Nissan Micra rolls off new assembly line

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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. Full story...
May
24th

US: JCI bid “conditional and vaguely defined” – Visteon

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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. Full story...
May
24th

The Moke is go!

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Beachcomber-inspired buggy set for production, bosses confirm, classic Moke name likely to be used
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May
24th

Nissan starts India production of Micra

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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. Full story...
May
24th

Daimler shareholder Aabar signs $800M loan agreement

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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. Full story...
May
24th

VW to announce Italdesign takeover Tuesday

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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. Full story...
May
24th

Fiat’s Magneti Marelli plans sharp growth in North America

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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. Full story...
May
24th

For top suppliers, bad got even worse in ’09

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Sales at North America's largest suppliers turned sour early last year. Then they really got bad. Full story...
May
24th

Ford denies report that Volvo boss will head European operations

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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. Full story...
May
24th

Ford investing $135 million, adding 220 jobs for electric vehicle work

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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. Full story...
May
24th

Buyers seek stores, but bargains are scarce

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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. Full story...
May
24th

Ford denies report that Volvo boss will head European operations

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A report that the head of Volvo, Stephen Odell, will become CEO of Ford of Europe is "speculation," Ford said. Full story...
May
24th

THE NEW DETROIT 3

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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. Full story...
May
24th

GM China JV to raise capacity nearly 50% by 2012

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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. Full story...
May
24th

5-year-olds taught DCH boss to handle auto slump

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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. Full story...
May
24th

Geely ponders bigger stake in London taxi manufacturer

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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. Full story...
May
24th

No. 8 retailer Staluppi hunts for acquisitions

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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. Full story...
May
24th

VW to announce Italdesign takeover Tuesday

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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. Full story...
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