Beijing is planning to increase significantly the tax on passenger car engines larger than 2.5-litres while reducing or exempting the tax on cars with energy saving engines, according to the Xinhua News Agency. The annual tax was introduced in 2007.
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Pirelli has plans to make a significant investment to set up a production base in Mexico, the company's CEO has been quoted saying
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Continental AG has neglected its tyre business over the past five years but now plans to invest more than EUR500m in the sector, CEO Elmar Degenhart told Germany's Frankfurter Allgemeine Sonntagszeitung newspaper.
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Toyota Motor Corp. said its global vehicle production fell for the first time in 12 months in September as output dropped in Europe, North America and Japan. The carmaker said global vehicle output fell 1.
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Tata Motors's Jaguar Land Rover unit is in talks with a possible partner in China, Tata group CEO Carl-Peter Forster said. 'It's in the negotiations,' Forster said on the sidelines of a forum in Shanghai on Sunday.
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Stylish four-door gets a boost with MC Sport Line option package.
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Toyota Motor Corp has reported a fall in its global production figures for its namesake brand in September, the first such fall in a year.
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Daimler and Toyota have held talks in the past and there have been 'no concrete results' from the meetings so far, Daimler CEO Dieter Zetsche said.
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Sales slump hits Nissan’s quirky supermini, firm refuses to commit to model next year
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A new Volvo plant will probably be established in the southwest China city of Chengdu and is expected to be approved by December, Shen Hui, Volvo's senior vice president responsible for operations in China said at the 11th Western China International Fair in Chengdu.
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Geely records ‘no star’ rating for adult protection in NCAP assessment
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Italy must improve its efficiency if it wants to stay competitive, Fiat CEO Sergio Marchionne said on Italian television on Sunday night. He told viewers that not a single euro of Fiat's profit came from Italy.
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Jaguar Land Rover is looking to up its presence in the Chinese auto market through a manufacturing and sales joint venture in the country, according to reports.
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Toyota Motor Corporation, Toyota Tsusho Corporation and Toyota Egypt, TMC's independent vehicle distributor in Egypt, are to establish a company to oversee the assembly of Toyota-brand vehicles in the country.
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Nissan Leaf has started building its Leaf electric car at its Oppama, Japan, factory. Exports to the U.S. will begin next month. Shipments to Europe will follow in December.
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General Motors Daewoo Auto & Technology (GM-DAT), better known as the designer and maker of Chevrolet's small and medium cars, is focused on widening its product range by plugging previously untapped niches.
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General Motors Daewoo Auto & Technology (GM-DAT), better known as the designer and maker of Chevrolet's small and medium cars, is focused on widening its product range by plugging previously untapped niches.
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Honda is recalling 528,000 vehicles worldwide due to potential problems with a master brake cylinder seal. Most of the vehicles are U.S. Odyssey minivans from the 2005 through early 2007 model years. Acura RL sedans are also involved.
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Ford and Chongqing Changan Automobile Co. are in talks to expand their partnership in India, Chongqing Changan President Zhang Baolin said. The two automakers are considering all types of vehicles to be sold in India, he said.
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