Hyundai Motor plans to open its car plant in St Petersburg on 21 September with mass production slated to start in January.
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Fiat Industrial SpA, the unit that will be spun off from Fiat SpA by the end of the year, will have a board with a majority of members who aren't Fiat executives, company documents show.
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Ford thinks the global auto industry will improve this year despite uneven performance in several regions around the world.
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Subaru plans to extend its lineup in late 2011 or early 2012 by adding a sporty coupe developed with Toyota.
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American Suzuki's product plans are murky--partly as a result of Volkswagen's acquisition of 20 percent of Suzuki Motor Corp. this year and partly because of the growing strength of the yen against the dollar.
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The Brand Finance consultancy said General Motors and Volkswagen slumped in the Brazilian ranking of most valuable brands last year, compared to 2008.
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Worldwide deliveries by the Volkswagen Group for the first eight months of the year rose 13.4% to 4.7m vehicles, outperforming the global automotive market for both the month and year to date, it said.
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French industrial production rose strongly in July, propelled by a recovery in auto industry production.
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Toyota Australia will begin manufacturing a new fuel efficient and more environmentally sustainable engine for its Camry and Hybrid Camry sedans at its engine plant in Altona, Melbourne.
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Volkswagen said deliveries advanced 11 percent last month, helped by increased sales in China and the U.S. August sales gained to 545,000 vehicles from 490,600 a year earlier, the carmaker said. July deliveries climbed 2.9 percent.
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Volkswagen said deliveries advanced 11 percent last month, helped by increased sales in China and the U.S. August sales gained to 545,000 vehicles from 490,600 a year earlier, the carmaker said. July deliveries climbed 2.9 percent.
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Talk of emerging markets in recent years has been so dominated by the BRIC markets - an acronym first coined by the investment bank Goldman Sachs in 2001 - that the term's constituents, Brazil, Russia, India and China, have left little room for discussion of other markets.
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Vietnam's vehicle market declined by 17.6% to 8,745 units in August, from 10,616 units a year earlier, according to data released by the Vietnam Automobile Manufacturers Association (VAMA). This follows a 13% drop in sales in July, after a strong second quarter for the market.
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Both Renault and PSA Peugeot Citroen will today pay - early - one third of the EUR3bn government loans advanced to them in April 2009 to help them through the financial crisis.
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Gestamp-Severstal, a joint venture between Russian steelmaker Severstal and Spain's Gestamp, expects to receive approval of its stamping production from Volkswagen by October.
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Russian car sales rose 51% year on year in August as economic recovery and an extension of a scrappage scheme continued to support growth.
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Toyota Motor Industries Poland (TMIP) has started production of a new 1.4 litre diesel engine supplied to assembly plants in the UK, France, Turkey and South Africa.
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Automakers in China shipped 18.7% more passenger cars to dealers in August from a year ago, official data showed, lagging a nearly 60% annual jump in retail car sales, reflecting an apparent drawdown in dealers' showroom inventories.
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