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Mar
28th

CHINA: Mitsubishi to create new management company

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Mitsubishi Motors China has announced that it is opening a new management company in Shanghai to help improve its position in China.
Mar
28th

Remy files for IPO of up to $100 million

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Auto parts maker Remy International Inc. on Friday filed for an initial public offering of $100 million. The Pendleton, Ind.
Mar
28th

Porsche 911 buyers flock to rare 24-month leases:

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Porsche is pushing 24-month leases for its 911 and is running a six-month lease pull-ahead incentive on all of its sports cars to offset a shortage of low-mileage used cars.
Mar
28th

BRAZIL: Hyundai strongly ambitious as plant cornerstone laid

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Last year, South Korean automakers Hyundai and Kia, represented locally by two Brazilian groups (CAOA and Gandini, respectively) imported 138,000 vehicles, second in Latin America only to Argentina, which has an auto industry well integrated with Brazil's, and twice Mexico's volume.
Mar
28th

Tata to add 100 engineering jobs in UK

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India's Tata Motors said it will add 100 jobs at its UK-based technical center. The new employees will boost the headcount at the automaker's European technical center in central England to 340 by 2013.
Mar
28th

SEAT’s four new cars for 2012

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New Leon and new city car all on the menu as Spanish brand SEAT attempts to turn its fortunes around.


Mar
28th

SWEDEN: Jonsson to step down as Saab chief – new distributors announced

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Saab president and CEO Jan Ake Jonsson is to retire effective from Spyker Cars' annual general shareholders meeting in 19 May.
Mar
28th

Key automotive chip plant in Japan down until July

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Renesas Electronics, the world's biggest maker of automotive microcontrollers and a key bottleneck in Japan's parts shortage, says one of two auto-related factories damaged by this month's earthquake won't be operational until July.
Mar
28th

COMMENT: Chinese ‘independents’ face tougher times

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The rise of the Chinese 'independent' OEMs has been interesting to watch in recent years. But there has been a little bit of smoke and mirrors going on. There has been hyperbole, but that's not to say that these firms are to be casually dismissed. It's just that the reality is sometimes a little at odds with the public rhetoric.
Mar
28th

Quake delays Honda randd by at least two weeks

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Product development at Honda will be delayed by at least two weeks because of extensive earthquake damage at the company's global randd center in Japan.
Mar
28th

Citroen DS gets new lease of life

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Design concept re-imagines DS for 2019, to coincide with Citroen's centenary.
Mar
28th

Japan automakers brace for looming electricity shortfalls

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Japanese automakers, even if they have the parts to resume production, may soon face a new challenge of not having enough electricity to run their factories.
Mar
28th

UK: Tata Motors expands university-linked R&D

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Tata Motors' European Technical Centre (TMETC), a wholly-owned UK-based subsidiary of India's Tata Motors, said on Monday it would expand its partnership with WMG (formerly known as Warwick Manufacturing Group), at the University of Warwick. TMETC plans to increase the number of its engineers working on the campus by 40% over the next two years.
Mar
28th

Volvo’s electric C30 survives winter test

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Chilly debut for electric Volvo C30 as prototype survives temperatures as low as -20 Celsius.


Mar
28th

BYD to test electric bus in Denmark

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BYD plans to send two electric buses to Copenhagen for road tests. Under an agreement with Denmark's largest public transport operator, BYD's K9 electric buses will be added to the company's fleet in 2012 if it passes the tests.
Mar
28th

BRAZIL: Hyundai launches Mighty truck

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Hyundai Motor has launched its midsized Mighty truck in Brazil, using its established importer and assembler to tap into South America's largest commercial vehicle market.
Mar
28th

Mercedes SLS Roadster Spied

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Clearest shots yet show drop-top supercar completely undisguised.


Mar
28th

NETHERLANDS: TomTom denies mapping unit is for sale

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TomTom, the Dutch navigation systems and digital map maker, has denied reports that its mapping unit, the former TeleAtlas, is for sale. TomTom bought TeleAtlas for EUR2.9bn in 2008 partly to thwart rival Garmin from buying it but also as a new revenue stream to help it build content.
Mar
28th

Longtime auto journalist David E. Davis Jr. dies:

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David E. Davis Jr., inarguably one of the deans of automotive journalism, died on Sunday, March 27, at age 80. Davis had been suffering from bladder cancer and underwent surgery a few days earlier. Even so, his passing was unexpected.
Mar
28th

Audi sets sights on BMW X6

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New Q6 coupé SUV follows trail blazed by X6 , four-wheel drive and hybrid power on cards
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