A former top Toyota US executive has blamed the recall crisis on former executives too focused on profitability, and said current president Akio Toyoda is "the only person who can save Toyota."
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Mazda Australia is to launch a sedan version of the Thailand-assembled 2 (Demio) alongside the hatchback when an updated model with styling changes and equipment upgrades makes its showroom debut next May.
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AvtoVAZ plans to increase production by 55.7 percent in March, month-on-month, in response to anticipated higher demand from the government's 'cash for clunkers' programme.
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Hyundai Motor unions have asked the automaker to consider overseas expansion and focus on job security in Korea.
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General Motors India is to hire up to 1,000 people by the end of this year in order to strengthen its engineering design capabilities and to meet rising local demand for its cars, the Wall Street Journal reported.
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Volkswagen AG's starting price in Germany for the hybrid version of its new Touareg will be 73,500 euros (nearly $100,000), a premium of more than 20,000 euros compared with the base price for a non-hybrid variant of the premium SUV.
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GM Uzbekistan, a joint venture of US automaker GM and Uzbek automaker Uzavtoprom, plans to produce 220,000 vehicles in 2010, up 7.3% on the year, a spokesperson for Uzavtoprom has told Prime-Tass.
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Hyundai Motor Co said Wednesday it will recall a total of 47,300 vehicles of its Sonata sedan in South Korea and the United States next month due to a door-locks problem.
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Volkswagen has launched the Polo in India as its first small car offering in the country.
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Toyota will not reverse plans to end production at its former joint venture plant with General Motors in Fremont, California, despite a suggestion that doing so might give the embattled carmaker a lift in a big market, a top US executive told lawmakers on Capitol Hill.
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Renault in Russia will start selling its Sandero hatchbacks assembled at Moscow plant Avtoframos from March 1.
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The final details of the UK government's GBP230 million ultra-low carbon car incentive programme were announced today.
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Ford is ramping up its electric vehicle development with its inclusion in the colognE-mobil project being tested in the north west German city.
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SENIOR WEB REPORTER GREG MIGLIORE: I had a very enjoyable lap to and from work in this speedster. It looks great, and I like the headlights and the lines on the hood. The car has an aggressive stance that seems to be wide yet sleek. Full story…
The Pendragon share price doesn't know where to go. It was 2p this time last year when most of the punters were gambling that it would go bust. It shot up to 20p when the bankers came up with the loans that kept the show on the road. By the mid-summer - when the market was beginning to rake through the ashes of the economy looking for recovery plays, Britain's biggest car retail group rattled up to 44p.
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UK-based Body-in-White and stampings supplier Stadco is to shut its Coventry facility with the loss of 165 jobs.
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The reclusive Akio Toyoda is taking the rare step of waving the family flag, as the scion to Toyota Motor Corp.and#8217;s founding dynasty tries to steer the worldand#8217;s largest car company out of a spiraling safety crisis.
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Dana Holding Corporation on Wednesday reported a net loss of $431m for full year 2009, an improvement of $291m compared to the 2008 result, after excluding a one-time gain of $754m in 2008 recognised in connection with the application of fresh start accounting. The result included Q4 after tax charges of $153m related to the planned sale of the structural products business to Metalsa.
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