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Jun
11th

JAPAN: Prius on top for a whole year

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The Toyota Prius was Japan's best-selling car in May for the 12th month in a row according to the country's industry association.
Jun
11th

BRUSSELS: Unions back CARS 21 action plan: European Commission

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European Commission vice president, Antonio Tajani, claims he has secured union backing for the CARS 21 automotive initiative outlined last week in Brussels.
Jun
11th

Porsche to pay no tax in VW deal, report says

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Porsche has found a way to sell the remaining 50.1 percent of its sports car unit to VW Group without paying an estimated 1.5 billion euros ($1.9 billion) in tax, a German business weekly reported.
Jun
11th

Ferrari convoy stopped in China after joyride

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Chinese police suspended the licenses of five Ferrari drivers who were caught speeding along a highway together as fast as 213kph (132 mph), the state-run Global Times reported.
Jun
11th

Vauxhall Mokka Tech Line announced – Vauxhall Mokka Tech Line announced

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New entry-level Vauxhall Mokka starts from just under £16k and gets 18-inch alloys, sat-nav and Bluetooth


Jun
11th

US: Nissan wants to triple Altima exports

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Nissan North America plans to more than double export markets for the redesigned 2013 Altima which its Canton, Mississippi, plant began assembling last week, a few weeks after the Smyrna, Tennessee, factory.
Jun
11th

MEXICO: Asahi Kasei Plastics opens new sales office

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Asahi Kasei Plastics has opened a new sales office in Mexico in the Metepec Business Centre of Toluca, adding to the company's four warehouses in San Luis Potosi, Puebla, Torreon and Monterrey.
Jun
11th

HUNGARY: Valeo adds 50% site capacity with Veszprem extension

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Valeo has inaugurated the extension to its plant in Veszprém, Hungary, which produces comfort and driving assistance systems, with the addition increasing the site's capacity by 50% in the next few years.
Jun
11th

Smaller Lexus GS hybrid on way – Smaller Lexus GS hybrid on way

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New, more affordable petrol-electric hybrid will join the Lexus GS line-up next year
Jun
11th

MEXICO: GKN Driveline starts third forge in Celaya

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GKN Driveline has expanded its precision forge in Celaya, the third such operation the company has built there since 1979.
Jun
11th

US: Nexteer president and CEO Robert Remenar steps down

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Nexteer says current president and CEO, Robert Remenar, is to step down from his roles with immediate effect, although he will remain on the board of directors.
Jun
11th

Browning: VW aims to maintain its momentum

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Jonathan Browning, CEO of Volkswagen Group of America, has been on the job only two years, but the German automaker's U.S. sales have made tremendous progress, climbing 23 percent last year to 443,840 vehicles. But there is more work to do.
Jun
11th

China auto glut builds as factory shipments outstrip sales

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Carmakers are giving Chinese dealers no relief in their effort to reduce a glut of unsold automobiles in a slowing economy, as factories pump passenger vehicles into showrooms faster than distributors can sell them.
Jun
11th

VW U.S. chief aims to continue big gains

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Jonathan Browning, CEO of Volkswagen Group of America, has been on the job only two years, but the German automaker's U.S. sales have made tremendous progress, climbing 23 percent last year to 443,840 vehicles. But there is more work to do.
Jun
11th

Aston Martin to introduce successor to flagship DBS cars

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Aston Martin is preparing to introduce a vehicle that will replace the flagship line of DBS automobiles.
Jun
11th

A Cadillac flagship is in the mix as GM maps out brand’s strategy

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Cadillac is considering a large, flagship sedan to take on the Mercedes S class and BMW 7 series, a top General Motors official says.
Jun
11th

Reuss’ long-haul goal for GM: Keep customers coming back

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Mark Reuss, General Motors' North America president, says he's not fazed by a decline in GM's U.S. market share this year.
Jun
11th

Despite slowdown, suppliers bet on China

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Global suppliers, attracted by stunning growth prospects, are shrugging off this year's slowdown in auto sales in China and investing heavily in the world's largest auto market.
Jun
11th

MPG: Not just for CAFE anymore

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After three decades of heavier vehicles and little improvement in mpg, automakers are in a breathless sprint to bring out models that dramatically move the needle on fuel economy.
Jun
11th

At Honda, one tough turnaround

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Takanobu Ito took the helm of a teetering Honda Motor Co. in June 2009 with a curious mixture of pride and angst.
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