Any colour, as long it's silver, seems to be the choice of car customers around the world. But green, it appears, is a no-no.
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TI Automotive has been named the fuel systems supplier for up to 3m Volkswagen Group vehicles, beginning in 2011. The contract also includes the development and production of 6m fuel filler pipes.
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AvtoVAZ reported a return to profit in the first half of this year to RUR3.1bn (US$102m) thanks to a reviving market and an injection of state aid.
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Facelifted luxury saloon goes on sale this week, priced from £46,195.
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Nissan could turn one of its Japanese factories into a new subsidiary to allow it to broach wage negotiations with labour unions and seek lower prices from suppliers.
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Fiat's Russia-based automaking partner, Sollers, said on Wednesday it narrowed a net loss in the first half of 2010 to 1.26 billion rubles ($42.07 million) from 3.6 billion rubles in the same period of 2009.
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Toyota and Honda are rushing to exploit their advantage in hybrid systems to make inroads in Europe. Daimler and PSA plan to stop them before they have the chance. Toyota began selling the U.K.
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Golf Twist on sale now with prices set to start from £12,995.
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New-car registrations in the UK fell 8.9 percent in September, the third consecutive monthly fall, but sales in 2010 as a whole are still expected to be up on the year, the Society of Motor Manufacturers and Traders said.
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Hyundai has appointed Mark Hall as new marketing director for its European subsidiary. A former Toyota executive, Hall, 49, will be based at the automaker's European headquarters in Germany.
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Former GM global vehicle line executive, Peter Mertens, has joined Jaguar Land Rover as director of quality and automotive safety.
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Daimler CEO Dieter Zetsche says he is ready to do the "previously unthinkable" at subsidiary Mercedes to help it meet its goal of becoming the world's most fuel-efficient premium carmaker.
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European car company chiefs expect government budget cuts to discourage consumers from making large purchases next year, dampening hope that the region's car sales will recover from a bad 2010.
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Carmakers are looking to the BRIC (Brazil, Russia, India and China) markets to dispel the dark clouds over Europe, which is the only large global auto market forecast to shrink this year.
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Former GM powertrain executive Bob Purcell will become chairman and CEO of Protean Holdings Corp., a fledgling developer of in-wheel electric drive systems. Purcell, 58, who retired from GM in 2008, had been a board member and adviser to Protean.
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Volkswagen may expand production of a mid-sized sedan designed for U.S. customers to China in a bid to win buyers in the world's biggest auto market. The model, which will be sold in the U.S. in the second half of 2011.
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Volkswagen has released new teaser images of the mid-sized sedan slated for assembly in Chattanooga, Tennessee.
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VW's group design director Walter de' Silva says he is ready to create a new Alfa Romeo range if the German automaker acquires Fiat's sporty brand.
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Volkswagen AG may expand production of a mid-sized sedan designed for U.S. customers to China in a bid to win buyers in the world's biggest auto market.
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A survey released this week suggests that revised fuel economy labels proposed by federal regulators will confuse many likely car buyers -- and will emphasize the wrong information.
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