The first major product tie-up has emerged since Smart parent company Daimler last April signed a cooperation deal with the Renault-Nissan alliance, focusing initially on small cars, light commercial vehicles and engines. Penske Automotive Group (PAG) unit Smart USA Distributor has signed a memorandum of understanding (MOU) with Nissan Motor to collaborate on a new five-door, petrol-powered B-segment hatchback car for sale in the United States.
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Penske Automotive Group (PAG) unit Smart USA Distributor has signed a memorandum of understanding (MOU) with Nissan Motor to collaborate on a new five-door, petrol-powered B-segment hatchback car for sale in the United States.
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Smart USA, battling plunging demand for its sole U.S. car, says it has reached a deal with Nissan Motor Co. to sell a five-door gasoline-powered small car in the United States next year.
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Daimler has no plans to cooperate with Toyota on hybrid car development, the automaker's head of research & development, Thomas Weber, said.
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Carmaker Sollers has narrowed a net loss in the first half of 2010 to RUB1.26bn (US$42.07m) from RUB3.6bn in the same period of 2009.
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Maruti Swift reckons buyers will be lucky to secure large discounts on its cars because demand for consumer goods and automobiles is at historical highs in the run up to the Navratra festivities that begin this Friday.
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Smart USA, battling plunging demand for its sole U.S. car, says it has reached a deal with Nissan to sell a five-door gasoline-powered small car in the United States next year.
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Although South Africa's new vehicle market was up over last year in the month of September, the month's sales marked a reversal of a recent uptick and reflected the impact of recent strikes.
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VW’s new Beetle caught testing ahead of its debut next year.
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New car registrations in the UK declined by 8.9% over last year in the month of September according to figures released by the SMMT. The SMMT described the latest market numbers as 'expected'.
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New C-Class Coupe replaces CLC and joins the range in summer 2011. AMG version to follow.
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Revised C-Class caught testing at the Nurburgring in Germany.
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Iran Khodro (IKCO) says it will start mass production of its second national brand, Runna, in the second half of the next Iranian year or in almost 12 months from now, following die tooling.
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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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