Porsche is counting on hybrid drive to help reduce its fleet CO2 emissions. 'In the future, we will have hybrid drive in every model line," development chief Wolfgang Duerheimer said.
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Sumitomo Mitsui Financial Group Inc. expects to overtake Ford Motor Co. as the largest shareholder in Mazda Motor Corp., according to the bank's chairman.
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Ford is reportedly considering selling most of its 11% stake in Mazda Motor, itself already whittled down over the years from about one-third.
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Toyota Motor plans to produce the Prius hybrid model in Thailand, possibly from next year, following its launch at the Bangkok motor show in November. Thailand will become the third country to produce the model, after Japan and China.
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New vehicle sales in Indonesia increased by 32% to 49,137 units in September, from 37,208 units a year earlier, according to data released by industry association Gaikindo.
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Faurecia raised its full-year targets on expectations of sustained growth in the fourth quarter, after posting a jump in third-quarter sales. Third-quarter product sales more than doubled in North and South America and rose 65.
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Chevrolet is taking the Volt plug-in hybrid to the masses with a big marketing campaign that includes World Series commercials this month. Trouble is, the supply of the cars will be anything but big in the first year of production. General Motors Co.
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If there's a silver lining in the weak U.S. auto market, this may be it: Anemic new-car sales will mean short supplies of used cars in two or three years.
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Ryuichi Katsumata, one of Japan's top Toyota dealers, brings a new twist to old traditions in a land where selling cars can be very, very different from what occurs in the United States. Heir to the founding family of Chiba Toyopet Co.
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Auto supplier Johnson Controls Inc. will team with Japanese electronics maker Hitachi Ltd. to develop lithium ion batteries for electric drivetrains, the companies said Monday.
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There's a strange disconnect surrounding Better Place, the company best known for its plan to extend the range of electric vehicles by relying on speedy battery swaps. Automotive executives are nearly unanimous in dismissing the idea.
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Gary Battenberg sometimes tagged along on Delphi's corporate jet, to Orlando for a car race, to the Indianapolis 500 -- even to New York in 1999 to watch his older brother, then Delphi CEO J.T.
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The redesigned 2012 Volkswagen New Beetle will undergo an evolutionary styling change when production begins next year. Spy photographs of the car reveal that all of the sheet metal has been replaced, but the overall design remains retro.
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Last winter, when Nissan Motor Co.'s executive committee for the Americas gathered to discuss the future position of the Nissan brand, one marketing mission became clear: It needed a makeover. The brand was stagnating in the market.
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Sumitomo Mitsui Financial Group will become the largest shareholder in Mazda Motor, the bank's chairman said. Ford, Mazda's largest current shareholder, owns about 11 percent of the automaker and held a 33 percent stake until November 2008.
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About 100 General Motors Co. workers and retirees picketed outside the UAW's headquarters to protest plans to build a new small car with low-wage workers.
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With three quarters of 2010 in the books, it's time to hazard a guess about how bad full-year U.S. sales will be. No one can say with any certainty what the next three months will bring.
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Fiat's largest union protested in Rome against CEO Sergio Marchionne's proposal to curb strikes and increase shifts at the company's Pomigliano d'Arco car factory in southern Italy.
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Auto supplier Johnson Controls Inc. will team with Japanese electronics maker Hitachi Ltd. to develop lithium ion batteries for electrified drivetrains, the companies said today.
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Last week, some auto pundits and bloggers were up in arms about the Chevrolet Volt. They said General Motors Co. lied when it said the car was an electric, not a hybrid. Here are some answers.
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