Leoni has acquired U.S. optical fibers specialist RoMack, in an effort to strengthen its position in niche markets and reduce its dependency on the automotive market.
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Volkswagen boosted sales in the nation 46 percent in the first half after introducing new models to attract consumers in the world's largest vehicle market. The automaker's sales to consumers rose to 950,278 vehicles in the greater China area.
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Electric car maker Tesla said it will deliver two rechargeable prototypes to Toyota this month as a first step in their alliance.
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Toyota is focused on restoring customer confidence following its recall crisis, said company president Akio Toyoda.
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Toyota and its electric-car affiliate Tesla will use the Japanese automaker's RAV4 and Lexus RX crossovers as their first jointly developed battery-powered test models, a person familiar with the matter said.
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Toyota and its electric-car affiliate Tesla will use the Japanese automaker's RAV4 and Lexus RX crossovers as their first jointly developed battery-powered test models, a person familiar with the matter said.
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CLC-replacing entry-level Coupe due to join the C-Class range in 2011.
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Porsche may price the 918 Spyder at 500,000 euros ($630,000), topping the Carrera GT as its costliest model. At least 2,000 potential buyers have put in non-binding expressions of interest for the supercarl.
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At $630,000, newest Spyder would top the Carrera GT as German automaker's costliest model. At least 2,000 potential buyers have put in non-binding expressions of interest for the supercar.
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Porsche may price the 918 Spyder at 500,000 euros ($630,000), topping the Carrera GT as its costliest model. At least 2,000 potential buyers have put in non-binding expressions of interest for the supercarl.
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These are the first official pictures of Peugeot's sleek new four-door saloon - inspired by the SR1 concept.
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German auto parts supplier Continental AG tapped the high-yield bond markets with a 750 million euro ($945 million) issue on Monday, helping to defuse a potentially dangerous debt repayment in two years.
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After more than 15 years selling cars, Bill Krouse was bothered in 1992 that the most demanding customers usually got the best deals. Customers who were nicer -- and often more loyal -- paid more.
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When Subaru arrived in the United States in the 1960s, ads used the unflattering slogan "cheap and ugly." The brand has come a long way. But to critics, the concept of "Subaru styling" is still an oxymoron.
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U.S. car sales may be starting to look soft, but North American automakers are sticking with the plan when it comes to boosting production. Automakers will produce nearly 2.
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To boost its Mopar service and parts brand, Chrysler Group is selling 500 Dodge Challengers equipped with Mopar performance parts.
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Jens Ludmann, chief program engineer for Ford's new Focus, is quitting the automaker to head a German-based yacht builder.
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Honda said on Monday its China auto sales in June fell 2.7 percent from a year earlier, the second straight month of declines in a market that grew nearly 20 percent during the period.
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The appointment of VW executive Matthias Mueller as Porsche's CEO is a sign that the sports car maker definitely has come under the umbrella of Volkswagen Group.
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As Americans emerge from recession, they are buying much different vehicles than they did before the crash: smaller, more fuel-efficient, less ostentatious.
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