Sales of light commercial vehicles (LCVs) in Russia rose 29% year on the year to 37,290 units in July-September, the automobile manufacturers committee at the Association of European Businesses (AEB) said.
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Daimler wants to boost sales in China to 300,000 vehicles a year by 2015 while ramping up production there, company head Dieter Zetsche said.
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Oh, what the heck, I'll jump into the feeding frenzy about the Chevrolet Volt, even though by the time you read this it will have been forgotten and replaced by some outrage over Kyle Busch.
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Porsche Automobil Holding SE has booked a fiscal year 2009/10 (to 31 July) post-tax loss of EUR454m. The company said this was better than its half year forecast of "a low single-digit billion-euro loss". The after tax loss a year earlier was EUR3.563bn.
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Porsche Automobil Holding SE has named new Porsche AG CEO Matthias Müller to the executive board of Porsche SE (member with responsibility for general technical product issues) with immediate effect.
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It's interesting to arrive home after spending the better part of a week in France to find a mystery vehicle awaiting you at the airport.
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EDITOR WES RAYNAL: This thing looks like something Batman would drive. It's outrageous! And I mean that as a compliment.
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It was only natural. With the SUV craze decidedly downsizing, BMW appears set to add an X4--with a range-topping M version--as part of plans to expand its utility-vehicle lineup in 2014.
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A painfully slow recovery in U.S. auto sales will likely continue next year, but beyond that, annual sales will get back to the range of around 15 million units 'sooner rather than later,' a Federal Reserve economist says.
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Mark your 2011 calendar for this event, right now.
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Mark your 2011 calendar for this event, right now.
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BMW said on Wednesday it would boost annual production at its South Carolina plant by 50% to 240,000 vehicles starting in 2011 in response to ongoing worldwide demand for its SUVs.
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Johnson Controls has forecast 2011 revenue above market estimates, helped by strength at its automotive segment, and said it would increase capital expenditure for the year to boost growth.
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Volkswagen Czech unit Skoda Auto sold 75,790 vehicles in September, a record monthly performance.
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New car sales in China rose 16.9% to 1,556,700 units in September, the China Association of Automobile Manufacturers said.
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South Korea's Hankook Tire will invest US$1.2bn in the tyre industry in Indonesia, confirming an earlier unsourced report. The country's investment agency, which expects up to $10bn of investment from South Korea in the next four years, will issue the firm a permit in December, leading to groundbreaking for a manufacturing plant by the end of next year, industry minister MS Hidayat said.
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Shanghai Volkswagen Automotive said its direct car sales in September rose 25.1% year on year to 93,648 units.
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Mitsubishi Motors will build 9,000 units of its i-MiEV electric vehicle along with its sister models, the Peugeot iOn and Citroen C-Zero, during its current financial year, which ends March 31, 2011.
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Johnson Controls (JCI), which specialises in automotive seating systems, interior components and electronics, has signed a share purchase agreement for the acquisition of Michel Thierry.
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India-based product engineering and IT consultancy KPIT Cummings has bought In2Soft, a German vehicle diagnostics company whose customers include BMW AG, Daimler AG and other automakers.
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