Autoliv, the world's largest maker of automotive airbags and seat belts, has about $1 billion to spend in Japan and fast-growing segments such as electronic accident prevention, CEO Jan Carlson said.
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The Toyota Prius remained the top selling car in Japan for the 18th consecutive month in November according to figures from the Japan Automobile dealers Association.
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Fiat may not reach a labor agreement for workers at its Mirafiori factory before Christmas, CEO Sergio Marchionne said. 'I've got a couple of plan Bs,' Marchionne said at an event in Michigan on Monday.
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Fiat may not reach a labor agreement for workers at its Mirafiori factory before Christmas, CEO Sergio Marchionne said. 'I've got a couple of plan Bs,' Marchionne said at an event in Michigan on Monday.
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Beijing Benz Automotive, a joint venture between Beijing Automotive Industry Holding (BAIC) and Daimler, said its sales will increase 179% year on year to roughly 50,000 units this year, and are expected to grow more than 60% next year based on 2010 figures.
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Daimler AG will invest an additional 2 billion rand ($290 million) at a Mercedes plant on South Africa's southeast coast to expand production. The investment will prepare the East London factory for production of the next-generation Mercedes C class.
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Honda may develop a green, high-performance sports car as its flagship model according to company executives.
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BYD will not build the all electric F3e shown at the 2006 Beijing motor show due to the lack of electric car infrastructure in China, gasgoo.com reported, citing China Business News.
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Ford is delaying the shipment of some of its 2011 F-150 pickups because of a parts shortage. The shortage affects a 'small population' of trucks, said spokeswoman Anne Marie Gattari. U.S.
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The Russian government's decision to increase import duties on used cars has proven to be efficient, prime minister Vladimir Putin has said.
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VW may oppose demands by the German IG Metall labor union for 6 percent more pay for the carmaker's workers in western Germany as VW plans to add thousands of jobs in its home-market and abroad.
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Chrysler Group marked the extension of production, the addition of a second shift and an US$850m investment at an event at its Sterling Heights (Michigan) assembly plant which also celebrated the start of production of the extensively updated 2011 Chrysler 200 (nee Sebring) and Dodge Avenger.
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With plans to raise sales by 10 percent this year and develop cleaner technology, BMW will recruit 2,600 new employees by 2011.
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Chrysler Group's Sterling Heights Assembly Plant, once scheduled for closure at the end of 2012, could become Chrysler's biggest plant in terms of output -- possibly even making Alfa Romeos, Chrysler CEO Sergio Marchionne said today.
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PSA and the Naza Group have signed a deal to have the Malaysian automaker build 60,000 units of the Peugeot 408 from 2011 to 2016. The deal is part of PSA's aim to grow in Southeast Asia.
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Kia has revealed a full-sized styling mock up that hints at the look of its next-generation Picanto.
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Lincoln is hoping to pick up business for its slow-selling MKT crossover from what would be viewed as unconventional markets.
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Chrysler Group's Sterling Heights Assembly Plant, once scheduled for closure at the end of 2012, could become Chrysler's biggest plant in terms of output -- possibly even making Alfa Romeos, Chrysler CEO Sergio Marchionne said Monday.
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Roger Penske continued to roll out new sponsorship deals this week. This time, it is about the AAA.
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You want to know if your winter tires are still safe for the upcoming cold season without having to ask your local mechanic? Here are various methods to calculate winter tire wear.
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