Vehicle sales in Indonesia rose 34.6% to 64,762 units in August, from 48,099 units a year earlier, according to industry association Gaikindo.
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Toyota Motor Manufacturing France (TMMF) in Valenciennes will build a small hybrid vehicle starting in 2012. As is its custom, the automaker has not named the model but the French plant currently builds the Yaris which, on normal replacement schedule, should have been redesigned by 2012.
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More practical version of 'baby' Range Rover leaked onto web.
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German car parts and tire maker Continental AG will take out a bond worth up to 1.25 billion euros ($1.67 billion), the third in a series of issues to take advantage of a resurgent junk-bond market.
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Saab and BMW have agreed on a deal that allows the Swedish automaker to use engines made by BMW, a source said. Saab will purchase BMW engines for the new 9-3.
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Not a single European automobile plant closed during the recession, while 18 assembly factories have been shuttered in the U.S. since 2008. European governments prevented the biggest automakers from firing workers and used subsidies to prop up sales.
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Not a single European automobile plant closed during the recession, while 18 assembly factories have been shuttered in the U.S. since 2008. European governments prevented the biggest automakers from firing workers and used subsidies to prop up sales.
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Japan's three largest automakers are making a push to extend their alternative-fuel powertrain offerings in the next two years. Toyota Motor Corp. will bring two electric and six hybrid-electric models to market in the next 24 months.
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Hyundai Motor Co. will recall about 139,500 cars in the U.S. because of steering issues that could result in a loss of or reduction in maneuvering capability, the U.S. National Highway Traffic Safety Administration said.
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Fiat is considering listing part of Ferrari to raise cash to increase its stake in Chrysler, an Italian newspaper reported Sunday.
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More than 500 members of the global automotive industry came together in Detroit last week as Automotive News hosted an event celebrating the success of the 100 Leading Women in the North American Auto Industry.
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PSA is considering expanding its cooperation with BMW in carbon fiber, a German business newspaper reported.
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With the launch of its four-door, four-seat Panamera sports car last October, not only did Porsche Cars North America enter an all-new segment; it also did all kinds of marketing it might never have done for a typical Porsche launch.
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For the past year, service advisers at Maroone Ford have been selling extended service contracts and prepaid maintenance contracts from the dealership's service drives.
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VW CEO Martin Winterkorn said his target for the company to overtake Toyota as the world's biggest automaker by 2018 will be tough and he aims to remain in his job to ensure continuity to reach the goal.
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A recent flight from Detroit to Germany found TI Automotive executive Domenico Milicia sitting uncomfortably in coach, but all the richer for it.
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VW CEO Martin Winterkorn said his target for the company to overtake Toyota as the world's biggest automaker by 2018 will be tough and he aims to remain in his job to ensure continuity to reach the goal.
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Mitsubishi Motors Corp. on Monday said it had no plans to develop batteries with South Korea's LG Chem Ltd., denying a report in the Nikkei business daily a day earlier. "The report is based on speculation.
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A new Porsche SUV will be brought to market soon, VW CEO Martin Winterkorn said, adding that the model might be named the Cajun.
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