Federal-Mogul has opened a new Asia-Pacific Technical Centre and headquarters in Pudong, Shanghai. The facility promises to play a significant role in the development of Federal-Mogul in the region and is integrated with the company's global engineering network. just-auto spoke to Asia-Pacific vice-president Cornelius Fricke to discuss strategy and footprint planning.
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Mexican production of cars and light trucks rose 35% in September to 197,418 vehicles compared with the sale month a year ago due to strong exports to the US, the Mexican Auto Industry Association said.
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Mitsubishi Motors said on Thursday it would aim to launch a small business-use electric vehicle (EV) in Japan by the end of 2011, with a target of selling 10,000 units as soon as possible.
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BMW CEO Norbert Reithofer says there is significant room for growth in the U.S. luxury segment but the premium market won't return to the 2 million-unit level until 2013 or 2014.
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Saab is in talks with BMW AG and other automakers to use their underpinnings for the proposed 92 entry-premium model, the head of Saab owner Spyker Cars NV, Victor Muller, said on Wednesday.
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Shares of General Motors Co. are likely to be priced between $20 and $25 in the initial public offering by the automaker in November, Chairman Ed Whitacre said Wednesday.
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Tesla said on Wednesday that it has reached a $60 million deal with Toyota to develop the powertrain for an electric version of the RAV4 SUV.
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Toyota Motor Corp. is considering halting exports from Japan of the Corolla sedan from around 2013 and shifting that output overseas due to the strength of the yen, a news agency reported.
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Porsche forecast its first profit in three years in 2011 on sales of the Panamera sedan and as costs linked to a merger with Volkswagen AG decline.
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Toyota is considering halting exports from Japan of the Corolla sedan from around 2013 and shifting that output overseas due to the strength of the yen, a news agency reported.
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Toyota Motor Corp. will pay affiliate Tesla Motors Inc. about $60 million to develop batteries, motors and other parts for an electric-drive vehicle the companies are collaborating on.
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BMW appears set to add an X4 as part of plans to expand its crossover lineup in 2014. Conceived along the lines of the highly successful X6, the X4 is a smaller and more agile four-seat model.
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Steven Rattner, the former head of the U.S.
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Toyota Motor Corp. set out to audit suppliers in North America following its biggest recall crisis and discovered testing of components wasn't as rigorous as it expected.
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Shares of General Motors Co. are likely to be priced between $20 and $25 in the initial public offering by the automaker in November, Chairman Ed Whitacre said Wednesday.
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Former Obama administration car czar Steven Rattner, the subject of state and federal investigations related to corruption at New York state's pension fund, is near a settlement with the U.S.
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Toyota Motor Corp. is not interested in bidding for the Sicilian car production plant that Italy's Fiat S.p.A. plans to shut by year-end 2011, a Toyota spokeswoman and an Italian government adviser said on Wednesday.
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Kathleen Ligocki, a former Ford Motor Co. executive who later led supplier Tower Automotive Inc., is now CEO of a green-vehicle startup. Ligocki, 54, replaces interim CEO Ray Lane at the newly renamed Next Autoworks Co. Lane remains chairman.
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The Charlotte-based NASCAR announced on Wednesday the second class of inductees into the NASCAR Hall of Fame.
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Kimi Raikkonen could lose the sponsorship of Red Bull in the World Rally Championship next year, which could force the Finn to switch team in 2011.
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