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Jul
12th

GERMANY: Cayenne dominates ‘sportscar maker’ Porsche’s H1 sales

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Porsche June deliveries increased 29.5% year on year last month before to 10,677 vehicles.
Jul
12th

UK: GKN quiet on SAIC takeover speculation

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GKN is remaining tight-lipped concerning rumours it could be the subject of a takeover bid from Shanghai Automotive Industry Corporation (SAIC).
Jul
12th

GM: Imports to Brazil bigger threat than rivals’ growth

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GM sees competition from importers as a greater threat to its business in Brazil than investments there by rivals who face similar cost and currency hurdles, a top executive said.
Jul
12th

US: UAW may unionise new VW US plant

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Employee representatives of Volkswagen are talking with the United Auto Workers (UAW) union over organisation of workers at the new Passat plant in Chattanooga, Tennessee, a German newspaper reported.
Jul
12th

FRANCE: Nexteer wins "substantial orders" for EPS systems from European automakers

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Electric power steering (EPS) supplier Nexteer Automotive has won a number of substantial orders from major European car manufacturers, although no details are yet available as to their idendity.
Jul
12th

GERMANY: Volkswagen targets 8m for 2011

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The Volkswagen group aims to set another record by selling 8m cars in 2011, its chief executive said.
Jul
12th

FRANCE: PSA Peugeot Citroen boosts sales outside Europe

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PSA Peugeot Citroen said first half sales of new vehicles and CKD units inched up just 0.2% to 1,860,000 units but it increased the proportion of sales outside Europe to 38%.
Jul
12th

GERMANY: TRW updates anti-trust inquiries

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TRW Automotive has outlined further details with regard to government anti-trust inquiries.
Jul
12th

Henrik Fisker Q&A – Henrik Fisker Q&A

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We interview the CEO of Fisker Automotive about the hybrid Karma and the firm's grand plans for the future


Jul
12th

Henrik Fisker Q&A

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We interview the CEO of Fisker Automotive about the hybrid Karma, which arrives this year, and the firm's grand plans for the future


Jul
12th

PSA first-half sales rise slightly as automaker pursues non-european growth

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PSA's global sales of cars and light vehicles rose 0.2 percent in the first half to 1.86 million, the automaker said.
Jul
12th

VW first-half global sales top 4 million

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Volkswagen's global first-half deliveries exceeded 4 million cars and SUVs for the first time, powered by demand in all markets, the automaker said, ahead of official group sales figures to be released this week.
Jul
12th

Fiat said to increase credit line this week to 2 billion euros

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Fiat will expand a credit line to as much as 2 billion euros ($2.8 billion) this week as CEO Sergio Marchionne aims to improve financing flexibility after the carmaker gained control of Chrysler, two people familiar with the matter said.
Jul
12th

VW works council, UAW union discuss organizing Tennessee factory

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Employee representatives of Volkswagen are in talks with the UAW over organization of workers at the German carmaker's new plant in Tennessee., a German newspaper said today.
Jul
12th

ZF picks Sommer as next CEO

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German parts supplier ZF Friedrichshafen AG has named Stefan Sommer its new CEO. The change takes effect May 1, 2012. Sommer joined ZF from German parts supplier Continental AG in 2008.
Jul
12th

MAN doesn’t see antitrust problems over acquisition by VW

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German truckmaker MAN does not expect any antitrust difficulties to arise from its acquisition by Volkswagen, MAN CEO Georg Pachta-Reyhofen told reporters in Berlin on Monday
Jul
12th

CVC director buys stake in sponsorship agency

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One of F1's non-executive directors is looking to get involved with formula one sponsorship deals.
Jul
12th

F1: Track boss says 2012 return for Bahrain ‘not our call’

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Bahrain's circuit chief has described the formula one teams as "temperamental" as he admitted the island Kingdom's future on the calendar is still uncertain.
Jul
12th

Stop fiddling with your iPod and you’ll stop crashing

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According to a recent Governors Highway Safety Association (GHSA) study, 25% of car accidents in the US are caused by drivers being distracted by cell phones or another gadget.
Jul
12th

F1: McLaren gives Hamilton break to avoid ‘burnout’

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Lewis Hamilton has won his bid for a breather this week after complaining at Silverstone about his busy off-track schedule.
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