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Oct
6th

US: Moody’s may upgrade Ford rating on UAW deal

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Ratings agency Moody's is considering upgrading Ford's credit rating now the automaker and UAW union have agreed a tentative four year labour deal.
Oct
6th

INDIA: Minda inks blow moulding plastics JV

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India's Minda Industries has agreed a joint venture with Kyoraku Company and Nagase & Company to manufacture blow moulded plastic products.
Oct
6th

HUNGARY: Allison Transmission factory starts up

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Allison Transmission's new Hungary factory has begun production of fully automatic transmissions for international customers.
Oct
6th

JAPAN: Emerging markets to see new Toyota telematics

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Toyota Motor Corporation (TMC) plans to launch next-generation Telematics services in emerging markets around the world, starting with Thailand in March 2012.
Oct
6th

CHINA: Chevy Volt may be made locally

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General Motor's chairman and CEO Dan Akerson has said the Volt may be made in China if sales of models exported from the US take off.
Oct
6th

CHINA: Chery to build Subaru vehicles under contract

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Chinese media has reported that Chery Automobile plans to build Subaru vehicles under a manufacturing agreement with Fuji Heavy Industries.
Oct
6th

Kia GT exclusive

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Kia design boss Peter Schreyer shows us round new GT Coupe and reveals V6 could be replaced if it makes production


Oct
6th

BELGIUM: Toyota Motor Europe recruiting over 100 staff

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Toyota Motor Europe (TME) announced it is recruiting over 100 "professionals" for its European headquarters and research and development centre in Belgium.
Oct
6th

UK: New car sales down just 0.7% in September

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The SMMT has said that the car market in the UK in September saw 332,476 new cars registered, just 0.8% down on last year's level, a result that it said 'outperformed expectations'.
Oct
6th

JAPAN: Nissan OEM deal renews Mitsubishi’s Delica/L300 van line

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A Mitsubishi Motors Corporation (MMC) agreement with Nissan Motor to expand business collaboration announced in December last year has resulted in a new Delica/L300 van line based on Nissan's NV200.
Oct
6th

BRAZIL: Renault adding 100,000 units capacity in 2013

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Renault has announced it will produce an additional 100,000 vehicles a year in its Curitiba, Brazil plant in 2013, creating 1,000 new jobs and boosting annual capacity (passenger cars and LCVs) to about 380,000 units a year.
Oct
6th

Peter Schreyer Q+A

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Auto Express talks exclusively to Kia design boss Peter Schreyer about the GT concept, and his plans for the future of the company


Oct
6th

NEW ZEALAND: September car sales dip 10%

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September registration data showed that New Zealand new car sales were down 9.7% (614 units) year to 5,684 units but commercial vehicle registrations were up 18% (298 units) to 1,944.
Oct
6th

Volvo owner Geely denies interest in Saab

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China's Geely Automobile, whose parent company owns Volvo Cars, denied a Swedish newspaper report that it is interested in acquiring Saab.
Oct
6th

Volvo owner Geely denies interest in Saab

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China's Geely Automobile, whose parent company owns Volvo Cars, denied a Swedish newspaper report that it is interested in acquiring Saab.
Oct
6th

MALAYSIA: Proton now in collaboration talks with Perodua

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Malaysia's two main national car companies, Proton and Perodua, are in discussions that are expected to lead to closer collaboration between the two automakers.
Oct
6th

BMW dangles 19% discounts as China’s luxury market cools

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China is turning into a buyer's market for luxury cars as dealers for BMW, Daimler and Audi offer discounts to maintain sales as demand cools.
Oct
6th

Mitsubishi running out of options to counter strong yen, president says

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Mitsubishi is running out of leeway to lower costs to fight a profit-sapping surge in the yen, the Japanese automaker's president told reporters on Thursday.
Oct
6th

Ghosn launches Renault-Nissan expansion in Brazil to double market share

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Renault will expand its factory in Brazil and Nissan will open a plant in the country as part of a sales offensive in Latin America's largest economy.
Oct
6th

Mitsubishi running out of options to counter strong yen, president says

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Mitsubishi is running out of leeway to lower costs to fight a profit-sapping surge in the yen, said Osamu Masuko, the automaker's president.
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