Guangzhou Automobile, the Chinese partner of Toyota Motor Corp., offered stock valued at HK$26 billion ($3.3 billion) for the rest of Denway Motors Ltd. to gain auto ventures in the world's largest car market.
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Remaining jobs at Jaguar's 'Veneer Manufacturing Centre' at Browns Lane could be saved in a new deal with Lawrence Automotive Interiors, reports say.
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Dana Holding Corporation has announced that Joseph C. Muscari, chairman and chief executive officer of Minerals Technologies, Inc.; and Richard F. Wallman, former senior vice president and chief financial officer of Honeywell International, Inc., have been appointed to the company's Board of Directors.
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Volvo Group has reported that truck deliveries ((Volvo Trucks, Mack, Renault Trucks, UD Trucks and Eicher) in April were 42% ahead of last year, at 13,030 units, confirming the continuing recovery to demand in the heavy commercial vehicle sector.
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New Focus RS500 driven, VW's ultimate GTi's, first details on new Ferrari Enzo, our verdict on new Jag XJ diesel, new Ford hybrids
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The organisers of the London Motorexpo have debuted the event on Los Angeles.
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ACFO, the UK's Association of Car Fleet Operators, is calling for talks with the new UK Government as soon as possible to ensure that future tax changes 'take account of the real world availability of low and zero emission vehicles'.
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Russia's government is offering Ukraine the opportunity to create a joint venture to develop products supporting Russia's Global Navigation Satellite System (GLONASS).
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GM's OnStar is leveraging Google technology to develop a number of new mobile app features that it says will 'strengthen Chevrolet's commitment to providing Volt customers with the most connected vehicle experience possible'.
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Ford is introducing a 'virtual soldier' - originally developed by the US military - to improve assembly line ergonomics and boost quality.
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Volkswagen AG will buy a controlling stake in Italy's largest design and engineering firm, Italdesign Giugiaro S.p.A., two industry sources confirmed to Automotive News Europe.
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Dealer group D'Ieteren raised its full-year outlook after its first-quarter pretax profit more than doubled, with cold weather helping its windshield business and the Brussels auto show providing a boost.
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Toyota is preparing to recall four Lexus models worldwide for problems related to steering. The company plans to recall 7,000 vehicles overseas, including 3,800 in the U.S., and 4,500 units in Japan.
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Toyota is preparing to recall four Lexus models worldwide for problems related to steering. The company plans to recall 7,000 vehicles overseas, including 3,800 in the U.S., and 4,500 units in Japan.
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California start-up electric car company Coda said today it raised $58 million in its latest financing round, and would set up an office in Singapore.
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Daimler AG's Mercedes-Benz E-class cars are under investigation by U.S. regulators because air bags in the vehicles may not deploy properly in crashes, the National Highway Traffic Safety Administration said.
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Magneti Marelli CEO Eugenio Razelli would like stop-start systems to become mandatory equipment on all new cars because he says they provide substantial fuel-savings at a very low cost.
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Rolls-Royce unveiled the Ghost at the 2009 Frankfurt auto show. The ultraluxury sedan is smaller and less expensive than its sibling, the Phantom. Wabco Holdings Inc.
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The first mass-market electric cars will start debuting in Europe later this year. For example, PSA/Peugeot-Citroen launches the Citroen C-Zero and Peugeot iOn four-door electric car.
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The end of scrapping incentives in Germany is hurting sales at General Motors Co.'s top European brand and contributing to GM's car sales slump in Europe.
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