In this interview, Matthew Beecham talked with Martin Kölbel, senior key account manager for Flabeg Holding GmbH about the company's rearview mirrors.
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Strong unit sales will power BMW's third-quarter results, Chief Financial Officer Friedrich Eichiner said, adding that a seasonal slowdown it was expecting was not as strong as it had forecast.
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General Motors will be 'patient' with efforts to turn around its unprofitable European unit, CEO Dan Akerson said. Akerson doesn't see a need to find a partner for Opel unit at this time.
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General Motors will be 'patient' with efforts to turn around its unprofitable European unit, CEO Dan Akerson said. Akerson doesn't see a need to find a partner for Opel unit at this time.
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General Motors Co. results "over the next several years" will determine how quickly the U.S. government bailout that saved it last year is paid back, GM CEO Dan Akerson said today.
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Russian Machines, the industrial and engineering company of Basic Element, has appointed former Magna International co-CEO Siegfried Wolf as chairman.
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Michelin plans to spend over EUR10m in the development of truck tyre retread operations in Russia over the next few years.
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SAIC Motor plans to roll out 20,000 energy-efficient vehicles in Shanghai and the Yangtse River delta area by 2012 and unload a heavy truck business.
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General Motors aims to sell at least 10 to 15 percent more vehicles in China next year, in line with the expected rate of growth in the world's biggest auto market, its China chief, Kevin Whale, said on Thursday.
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German car parts group Continental expects automobile production in Europe and the United States, its main markets, to largely stagnate next year, prompting it to step up expansion in Asia.
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Chinese carmakers and Baoshan Iron and Steel are working to cut vehicle weight by as much as 10 percent to compete with market leaders including Volkswagen.
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Great Wall Motor will begin trial sales of its pure electric cars in the country next year, its chairman said, adding he expected second half 2010 sales to rise compared with the first.
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An investigation by the UK's Office for Fair Trading (OFT) into suspected commercial vehicle cartel activity, has resulted in the offices of Mercedes-Benz being visited by the body.
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The UK government has awarded GBP24m to further develop the UK's low carbon vehicle development capability and further detailed its plug in car grant (ie subsidy).
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India's new vehicle market is facing a number of threats in FY11 (ending March 2011), not least rising raw material costs, which have prompted carmakers to hike their prices, but analysts are confident of short-term prospects.
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India's new vehicle market is facing a number of threats in FY11 (ending March 2011), not least rising raw material costs, which have prompted carmakers to hike their prices, but analysts are confident of short-term prospects.
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Chery Automobile exports will pass 100,000 units this year, more than doubling the tallly a year ago, its chairman said.
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Italy has lifted its objections to an EU free trade agreement with South Korea on the condition that the pact does not come into effect before June 30, 2011, a spokesman for the foreign ministry said on Thursday.
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The Indonesian government is sending a delegation to South Korea later this month in the hope of securing investment from major automotive companies, including Hyundai Motor.
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Fiat, Ford and Toyota led a fifth-consecutive monthly drop in European car sales as the end of government incentives hit demand. Audi gained market share. Registrations fell 12 percent to 731,503 vehicles in August from a year earlier.
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