Volkswagen AG wants to be No. 1 in hybrid and electric cars before the end of the decade. and#8220;The goal is to become the market leader in E-mobility by the year 2018,and#8221; VW CEO Martin Winterkorn.
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Renault is forecasting a difficult year ahead as European scrappage incentive schemes end.
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Geneva show stars, new Jaguar XJ first test, Ferrari 599 hybrid, four new Renaults, Aston's £50k city-car
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In a bid to improve its lineup before a fleet of new Fiat-based vehicles arrives in 2012, Chrysler Group is rushing new features and equipment into 15 reworked vehicles.
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Carmakers will be keen to show off new green technologies at the Geneva auto show, opening this week, as economic uncertainties and waning scrapping schemes make forecasting sales trends difficult.
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The Russian car market has already overcome the lowest point of decline and is now expected to start growing, Renault CEO Carlos Ghosn said on Monday.
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Renault today (1 March, 2010) officially opened the second phase of its Avtoframos plant in Moscow following a EUR150m (US$203m) investment.
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Renault today (1 March, 2010) officially opened the second phase of its Avtoframos plant in Moscow following a EUR150m (US$203m) investment.
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It's that time of the year again. The world's auto industry is gathering in 'neutral' Switzerland to show off its latest products, concepts and technologies. It will also provide an opportunity to look ahead and consider the changing business environment. For the auto industry and its companies, these remain very challenging times...
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PT Astra International, Indonesia's largest automotive distributor, on Monday named Prijono Sugiarto as president director and forecast higher vehicle and motorcycle unit sales for 2010.
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Toyota Motor Corp. President Akio Toyoda apologized to Chinese consumers today over the company's massive global recall, seeking to ease quality concerns in the world's biggest auto market.
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General Motors has welcomed US politicians' calls for event data recorders (EDR) [aka 'black boxes'] to be fitted on all new vehicles.
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Renault SA on Monday launched new facilities to double capacity at its Moscow plant, and said it would work with partner AvtoVAZ to become the Russian market's strongest player.
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It may be some time yet before decisions are reached over the restructuring plan for General Motors' Opel, Germany's Welt am Sonntag (World on Sunday) newspaper reported yesterday, citing the carmaker's chief executive officer Nick Reilly.
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Pininfarina will unveil at the Geneva auto show a modern interpretation of the most famous car it produced for Alfa Romeo: the 1966 Duetto spider.
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The Swedish government has set up a venture capital firm in an attempt to revitalise the country's auto industry which is finding it increasingly difficult to secure financing from private equity groups.
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Hyundai Motor affiliate Kia Motors has officially opened its first US car assembly plant, a US$1bn investment in Georgia which is building the redesigned Sorento SUV.
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