Used car imports of 7,893 - up 28.1% year on year - as usual outpaced New Zealand new car registrations of 4,446 in July, down 0.6%, the New Zealand Transport Agency said on Thursday.
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Hyundai Motor already has severe capacity constraints at its Alabama plant and is preparing to announce plans to add US production capacity, its top local executive said.
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Tata is searching for a successor to Chairman Ratan Tata, whose acquisitions of Jaguar Land Rover and Tetley Group Plc charted India's emergence as a global economic power.
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Webasto Group has agreed to buy the North American convertible roof business of bankrupt supplier Wilhelm Karmann GmbH.
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New car first owner gets cover up to 100,000 miles on any new Vauxhall.
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Hyundai Motor India's (HMI) cumulative production and sales has passed the 3m mark, parent Hyundai Motor said on Thursday.
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To help reduce vehicle weight aluminum is becoming more important for German automaker BMW and its use of the metal has grown steadily in recent years, the company said.
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Mahindra & Mahindra is expected to make a bid for up to US$400m to acquire cash-strapped SUV specialist Ssangyong Motor, three sources with direct knowledge of the matter told Reuters on Thursday.
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Tesla Motors has posted a deeper second quarter loss of US38.5m compared to US$29.5m in the same period last year.
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Two Chinese automakers booked healthy sales rises for the year to date. Chongqing Changan Automobile said on Thursday its total sales for the first seven months of this year rose 40% year on year to 1.07m units.
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Germany's luxury carmaker BMW expects its China car sales to rise more than 30 percent this year, boosted by the country's robust economic growth, its China chief said on Thursday.
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Fiesta tops the sales charts as Ford remains UK top seller in 2010.
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The U.S. Export-Import Bank will unveil a loan guarantee on Thursday for Ford Motor Co that will finance $3.1 billion in sales of cars and trucks to customers in Canada and Mexico, a White House official said.
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The U.S. Export-Import Bank said today it approved a loan guarantee for Ford Motor Co. to finance $3.1 billion in exports of cars and trucks to customers in Canada and Mexico.
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Honda Motor does not expect any impact on earnings for the July-September quarter from labour disputes in China.
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New UK car registrations fell 13.2% in July, following 12 successive monthly rises, although the market remains up 15.1% during the first seven months of 2010 compared to 2009
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New car registrations in Britain fell for the first time in a year in July, by 13.2 percent compared with a year ago, the Society of Motor Manufacturers and Traders said.
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India's Maruti Suzuki may manufacture cars for Volkswagen's global market on a contract basis, newspapers said, citing Maruti's managing director.
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The Obama administration believes the recovery of the U.S. auto industry can be sustained and that it has the potential to grow. Senior White House economic officials told reporters on Wednesday that Ford Motor Co., General Motors Co.
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