Russian car sales are expected to rise by 20% to 35% this year as consumer spending grows and a government sponsored scrappage scheme continues to aid buyers, accountants PricewaterhouseCoopers said on Thursday.
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Mitsubishi plans to introduce eight hybrid and battery-powered models by 2015 as demand for fuel-efficient automobiles grows and the company plans rapid expansion, the automaker said at a press conference to announce its mid-term business plan.
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Volkswagen is talking with Chinese partners about developing a local brand as rivals - such as Honda's and General Motors' local JVs - prepare to begin sales of new nameplates specially created for the world's largest vehicle market.
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Two £40k special editions launched as Aston gears up for production of Cygnet city car.
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Ford is in talks with Chinese partner Chongqing Changan Automobile to export China-made Ford vehicles to emerging markets, two people familiar with the matter told the Reuters news agency on Thursday (20 January), though the automaker denied having any export plans.
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Ford is expected to sign an initial agreement to explore the possibility of exporting vehicles to China as part of a multi-billion dollar commercial pact to be sealed during Chinese president Hu Jintao's current state visit to the United States.
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GM, trying to position Chevrolet as a key global brand, is killing the long-used GM Daewoo name in South Korea and putting the Chevy bowtie on its cars there. The name GM Daewoo Auto and Technology Co.
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French firm’s flagship first production hybrid DS5 scooped in the snow.
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Lawyers acting for another of Renault's sacked executives supposedly connected with the industrial espionage case, have filed a false accusation claim as the automaker prepares to go on French national television to discuss the case.
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Ford will sign an initial agreement to explore the possibility of exporting vehicles to China, part of a multi-billion dollar commercial pact to be sealed during Chinese President Hu Jintao's visit to the United States.
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Top-spec Black Premium EX30d includes exclusive Relais & Chateaux’s Club 5C membership.
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New vehicle sales in Thailand rose by 45.8% to a new record high of 800,367 units in 2010, from 548,871 units sold a year earlier, according to data released by the Federation of Thai Industries.
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French group Bollore is emerging as the lead bidder for Italy's struggling automotive design and engineering specialist Pininfarina.
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Malaysia's Proton Holdings is in talks with a UK and domestic banks to raise GBP480m (US$768m) to invest in a new programme of expansion at Group Lotus, its UK sports car subsidiary.
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UK car production jumped 27 percent in 2010, the Society of Motor Manufacturers and Traders said. In December manufacturers produced 94,325 vehicles, a rise of 10.6 percent on 2009 figures. The total production for 2010 amounted to 1.
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BMW Group sold 1.46m units in 2010 and the growing contribution of Chinese markets (including Hong Kong and Taiwan, as well as mainland China) is becoming a major contributor to profitability, according to an analyst who spoke to just-auto.
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Mitsubishi Motors Corp. plans to kill its current lineup of U.S.
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Michel Balthazard, the highest-ranking of three Renault executives dismissed over allegations of industrial espionage filed a criminal complaint claiming defamation over his firing, along with his colleague Betrand Rochette.
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While Fiat CEO Sergio Marchionne won a major labor vote at the automaker's Mirafiori plant this week, the results show that leftist Italian workers union FIOM has a lot more power than anyone expected.
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Tom Stephens, the GM executive who was tapped two years ago to replace Bob Lutz as product development chief, has been appointed to a newly created post: global chief technology officer.
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