Mahindra & Mahindra will this week start due diligence for a bid to buy the assets of court administered Ssangyong Motor, according to remarks by Dr Pawan Goenka, the head of the firm's automotive division.
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A European Court of Justice (ECJ) case involving Volvo Car appears to reduce the protection of sacked auto dealers recovering indemnity payments from their former automaker suppliers.
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French parts maker Faurecia has targeted sales of around EUR16bn (US$19.6bn) by 2014, with particular emphasis on growth outside Europe.
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EDITOR WES RAYNAL: Wow! This wasn't nearly the piece of junk I remember thinking these cars are. I've never liked them much.
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Russian automaker AvtoVAZ is to axe a further 7,000 staff at its Togliatti plant in the Samara region, although insists the redundancies will not be compulsory.
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Bob King, the prohibitive favorite to become the next UAW president, said this morning that concessions and the need to restore lost benefits to the union's members will be a theme here at this week's UAW National Constitutional Convention.
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European auto-parts makers are entering a 'wave of consolidation,' a leading consulting firm said Monday, as Faurecia SA announced plans to add 2.2 billion euros ($2.7 billion) in sales through takeovers.
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European auto-parts makers are entering a 'wave of consolidation,' a leading consulting firm said today, as Faurecia SA announced plans to add 2.2 billion euros ($2.7 billion) in sales through takeovers.
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New four-door coupe to debut at Pebble Beach Concours d’Elegance.
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New electric Audi R8 scooped on test, Audi A1 revealed, Mercedes SLS AMG driven, Ferrari 599 loses its top, Jag XK vs E-Type
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General Motors said it may buy back its French powertrain factory, in a sign that the automaker is reversing some of the retrenchment steps it took during the downturn.
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Oh to be a fly on the wall as United Auto Workers (UAW) union chiefs gather in Detroit this week to confirm a new leader.
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A strike at a Honda Motor Co. parts supplier in southern China could augur broader demands across China's vast manufacturing belt as workers seek a bigger piece of the nation's growing economic wealth.
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A strike at a Honda Motor parts supplier in China could augur broader demands across China's vast manufacturing belt as workers seek a bigger piece of the nation's growing economic wealth.
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Spyker Cars NV, owner of Saab Automobile, aims to raise annual vehicle sales sevenfold in two years with the new 198,000-euro ($240,000) C8 Aileron model.
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Renault is to repay EUR500m (US$611m) to the French government by the end of this year following an easing of market conditions.
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What is a front-end module? It depends who makes it and for whom. Front-end modules typically encompass the bumper, headlights, radiator and various others parts. Matthew Beecham reviews some notable trends and developments in this arena.
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First production Venom supercar heading to a customer in the UAE.
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Faurecia targets sales of 16 billion euros (about $19.6 billion) by 2014 and plans to almost double the proportion of its sales outside Europe in the same timeframe.
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More than 15,000 car aftermarket outlets across Europe will be forced to close by 2013, research firm Datamonitor has predicted. That's a decline of 2.5% on 2009 numbers.
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