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May
4th

INTERVIEW: CLEPA CEO Lars Holmqvist ahead of ASEAN conference

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Europe's Association of Automotive Suppliers (CLEPA) CEO Lars Holmqvist is leading the European Commission (EC) automotive delegation negotiating a free trade deal with ASEAN countries
May
4th

GERMANY: New car market slowed in April

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Growth of the German new car market slowed to just 2.7% year-on-year in April according to industry data.
May
4th

JAPAN ‘QUAKE: Huge fall in Japan car sales

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March's devastating earthquake and tsunami in Japan led to a huge fall in new car sales in April. Sales fell 47.3% from April 2010 to 185,683 units, according to the Japan Automobile Dealers Association and the Japan Mini Vehicles Association.
May
4th

UK: Only 3.5% of female university students aiming for motor industry career

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Thousands of female university students are writing off potential careers in the automotive industry without even applying, according to the results of a new survey released today by Autocar magazine.
May
4th

GM may post $1.74 billion in Q1 profits — best in 11 years

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GM may report $1.74 billion in net income for the three months ended in March as rising sales in the U.S. and China helped the company to its best first quarter since 2000. Earnings probably rose 63 percent from $1.
May
4th

GM may post $1.74 billion in Q1 profits — best in 11 years

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GM may report $1.74 billion in net income for the three months ended in March as rising sales in the U.S. and China helped the company to its best first quarter since 2000. Earnings probably rose 63 percent from $1.
May
4th

GERMANY: BMW books first-quarter record sales

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BMW Group has reported first quarter sales up 28.9% year on year to EUR16bn on the back of record vehicle deliveries and said it was targeting a record 1.5m units this year.
May
4th

FRANCE: New car sales down 11.2% in April

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Sales of new cars fell 11.2% year-on-year to 169,453 units in April according to the latest industry data released by the CCFA.
May
4th

SWEDEN: "Last chance" for Saab says Euro supplier body CLEPA

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Europe's main supplier body says Saab now has "absolutely the last chance" to succeed following news of Chinese manufacturer Hawtai's EUR150m (US$223m) investment plan.
May
4th

Renault’s Slovenia unit to cut 20% of workforce following Japan parts shortages

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Renault's Slovenian unit will cut 520 jobs at its Novo Mesto plant, as it reduces shifts following a shortage of electronic parts from Japan.
May
4th

Ford B-MAX breaks cover

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Scoop shots reveal B-MAX mule on British roads for the first time.


May
4th

Europe car sales provide little cheer in April

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There was little cheer for automakers in the major European markets as the April sales numbers highlighted a slump in deliveries in Spain, France and Italy and slowing growth in Germany.
May
4th

US: Honda lines to remain on reduced production

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Honda production in the US will continue to run at half pace through the summer because of the shortage of parts from Japan in the wake of the March earthquake and tsunami.
May
4th

JAPAN ‘QUAKE: Honda lines to remain on reduced production

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Honda production in the US will continue to run at half pace through the summer because of the shortage of parts from Japan in the wake of the March earthquake and tsunami.
May
4th

SOUTH KOREA: Exports lead Ssangyong revival

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Ssangyong sales surged nearly 47% in April compared to the same month a year ago as exports gained strength, topping the 10,000-unit mark for a second month.
May
4th

New York hails next taxi

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Much-loved Ford Crown Victoria replaced by Nissan van-turned-cab


May
4th

Volvo kits out the V70 and S80

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Special edition S80 features more luxurious interior while V70 get R-Design treatment.


May
4th

US SALES: SAAR remains above 13m for third month

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Despite the natural and other disasters in Japan, US light vehicle sales continued to show improvement. According to Ward's, sales topped 1.15m for the month, producing a seasonally adjusted annualised rate (SAAR) of 13.17m, up 1.91m from April 2010 and nearly 60,000 from March 2011. That makes three months running the SAAR has been above 13m.
May
4th

BMW posts record car profit as 5 series beats Audi, Mercedes

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BMW reported first-quarter profit that beat analysts' estimates on surging demand for the revamped 5-series sedan and overhauled X3 sport-utility vehicle. China's growing economy and a rebound in spending in the U.S.
May
4th

BMW posts record Q1 profits, led by 5 series, X3

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BMW reported record first-quarter profits that beat analysts' estimates on surging demand for the revamped 5-series sedan and overhauled X3 sport-utility vehicle. China's growing economy and a rebound in spending in the U.S.
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