Renault has said it would continue its light commercial vehicle partnership with General Motors' Europe's Opel/Vauxhall brands but would not answer questions relating to the move, in particular, the future of the UK plant currently making some versions.
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Renault has said it would continue its light commercial vehicle partnership with General Motors' Europe's Opel/Vauxhall brands but will not at this point answer questions relating to assembly plants.
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General Motors expects 10 to 15% growth in China where it is targeting smaller cities and considering building another assembly plant to supplement output from joint ventures with FAW and SAIC.
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General Motors' new CEO Dan Akerson says the automaker is aiming to repay the taxpayer bailout of US$50bn during "the next couple of years."
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Great Wall has completed certification of its diesel-powered Wingle pickup for sale in Europe and Australia. Fitted with a 2.0-liter diesel engine, the Wingle pickup can meet Euro 5 emission standards, said a company spokesman.
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Market forecasts, making vehicle tax more prominent on showroom stickers and the return of Alfa Romeo to Brazil were some of the keypoints to arise during the 20th congress of of Fenabrave, the influential umbrella federation under which dealers and importers of motorcycles, road machinery, tractors, trucks and cars gather.
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Hyundai says it has achieved its best ever European market share figure of 3.2% in August, according to official industry data (ACEA).
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Production of the Citroën C-Crosser, Peugeot 4007 and Mitsubishi Outlander SUVs has started at the PSA Peugeot Citroën (PSA) and Mitsubishi Motors Corporation (MMC) joint venture plant PCMA Rus in Kaluga, 180km southwest of Moscow.
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Parts supplier Magna is in talks with Japan's GS Yuasa Corp. to produce lithium ion batteries in Europe for PSA and possibly Ford and BMW, a source said. The companies are considering building a factory in Spain or Austria.
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Small auto dealers would be able to receive federally guaranteed loans of as much as $5 million - up from $2 million - under an Obama administration-backed bill that passed the Senate Thursday.
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The House next week will take up a bill passed by the Senate that would enable small auto dealers to receive federally guaranteed loans of as much as $5 million -- up from $2 million.
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A one-inch higher ride height, a freshened interior and new front and rear fascias are among the highlights for the freshened 2011 Jeep Patriot.
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Renault has a more optimistic forecast for European car sales in 2010 because the end of subsidies has hit sales less than feared, Chief Operating Officer Patrick Pelata said. Renault expects a 7 percent decline in the market, Pelata said.
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A one-inch higher ride height, a freshened interior and new front and rear fascias are among the highlights for the freshened 2011 Jeep Patriot.
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Fiat Auto's destiny is now in its own hands after a spinoff of the truck and tractor units from the Italian industrial conglomerate was approved. The prevailing view is that Fiat is saving Chrysler.
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Sergio Marchionne said Fiat could increase its stake in Chrysler from the current 20 percent to 35 percent by the end of next year and that Chrysler plans to launch its public stock offering by the end of 2011.
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A BYD manager talked about plans for mass EV exports to Europe and the U.S. at the Global Automotive Forum on Thursday and Friday. Other automakers and supplier executives spoke about the outlook for China and the development of new-energy vehicles.
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Porsche is set to return to the 2011 Detroit auto show after a three-year hiatus. Porsche pulled out of the show in 2008, citing a desire for 'more personal, direct ways to reach out and communicate to its potential customer base.'
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Fiat and Chrysler Group CEO Sergio Marchionne said the Italian automaker considers it 'natural' for Fiat to return to its historical 90 percent stake in its supercar subsidiary, Ferrari.
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GM aims to sell at least 10 percent to 15 percent more vehicles in China next year and is on track to hit its 2-million-unit target in the country this year, the automaker's China chief said.
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