MG owner and GM/Volkswagen JV partner SAIC Motor said the company's goal for its 12th five-year guideline (2011-2015) is to double its annual sales and marketing targets, while at the same time paying more attention to overseas business expansion and localisation of research and development.
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What is inspiration? Johnson Controls design vice president Michael Warsaw pondered that and other style themes on Thursday morning at the AutoWeek Design Forum in Detroit.
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Few vehicles screamed for a redesign more than the Infiniti QX56.
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Leading domestic brand Lada saw sales in 2010 increase by almost half as the Russian auto industry benefited from the government scrappage incentive scheme.
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Frank Deiss is to replace Guenter Butschek as president and CEO of Beijing Benz Automotive Co (BBAC) from March this year.
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Toyota Motor Corp., the world's largest carmaker, said sales in Europe continued to drop in December as the company struggled to reassure buyers after record safety-related recalls last year. Sales including the Lexus brand fell 1.
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Ford said European sales in December dropped 23 percent as the region's market shrank and other manufacturers offered 'unprecedented' rebates to lure buyers.
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Geely Automobile Holdings has reiterated its plans to achieve annual consolidated sales of 2 million cars by 2015, growth of 150% on levels achieved in 2010.
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BMW AG wants 2011 to be a record sales year for the group and all its brands, a board member said. "This year we plan to sell well over 1.
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Skoda’s Fabia gets tweaked to celebrate firm’s 110th anniversary of motorsport competition.
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BMW's Brilliance joint venture chief Daniel Kirchert is optimistic new Beijing purchase restriction laws won't have too much effect.
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Chrysler Group sold 1.6m new cars and trucks worldwide in 2010 as refreshed vehicles in the US and the start of sales through Fiat's international dealers increased consumer purchases, its CEO has said.
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Volvo could become one of the first automakers to sell Chinese made cars in the United States, according to a US business newspaper.
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Wraps come off 2011 Ford Fiesta rally car ahead of next month’s Rally Sweden.
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Toyota Motor Europe reported total sales of 808,311 vehicles in the European, Israel and central Asian markets it is responsible for in 2010, exceeding the target of 800,000 vehicles.
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Surrey firm debuts track-only SP/300.R one-make racer which could spawn hardcore road car.
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General Motors is ready to let Russian businessman Viktor Antonov back as a shareholder of Saab, a report said.
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As with other automakers operating globally, PSA Peugeot Citroen cited growth in markets outside Europe as the prime reason 2010 sales of new vehicles and CKD kits rose 13% to 3,602,200 units.
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Russian car sales grew 30 percent in 2010 and continued growth could see the industry match its pre-crisis peak of 2.9 million annual sales next year, a leading business group said on Thursday.
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PSA aims to make progress this year toward achieving half its sales outside Europe as the 408 sedan helps raise deliveries in China.
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