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Jul
31st

US: TRW books stronger than expected Q2 financial results

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TRW has posted Q2 financial results ahead of expectations, boosted by higher volumes in North America and China.
Jul
31st

GERMANY: VW Group H1 operating profit falls

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Deliveries up 5.4% to 4.8m vehicles worldwide drove VW Group sales revenue in the first half to EUR98.7bn (EUR95.4bn) but operating profit fell to EUR5.8bn from EUR6.5bn a year ago.
Jul
31st

JAPAN: Mazda back in the black

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Mazda Motor was back in profit in the April to June fiscal first quarter, citing the yen's depreciation as well as strong sales of new models.
Jul
31st

Pint-sized vintage cars delight at Microcar Classic: Smart Car just about the biggest thing at car show

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A weeks couple ago we got a chance to attend the Microcar Classic at Larz Anderson Auto Museum in Brookline, Mass.
Jul
31st

CZECH REPUBLIC: Skoda still sees sales boost after H1 drop

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Skoda Auto, a unit of Volkswagen and the biggest Czech exporter, reiterated its outlook for full-year deliveries to be above 2012 despite a 5.8% drop in the first half to 464,600 cars.
Jul
31st

JAPAN: Honda operating income rises 5.1% but below expectations

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Honda Motor fiscal first quarter operating income rose 5.1% to JPY184.9bn after motorcycle sales in Asia rose and it increased car sales in all regions except Japan.
Jul
31st

Skoda reiterates full-year outlook despite weak H1

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Skoda reiterated its outlook for full-year deliveries to be above 2012 despite a 6 percent drop in first-half car sales to 464,600 units.
Jul
31st

Automotive News Europe News Feed 2013-07-31 09:00:00

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A ruling by a U.S. judge risks delaying Fiat's plan to buy up all of Chrysler unless it can reach an out-of-court settlement with a healthcare trust that is a minority shareholder in the American automaker.
Jul
31st

Automotive News Breaking News Feed 2013-07-31 09:00:00

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A ruling by a Delaware judge risks delaying Fiat's plan to buy up all of Chrysler unless it can reach an out-of-court settlement with the UAW healthcare trust that is a minority shareholder in the American automaker.
Jul
31st

Fiat fails to persuade judge to put price on Chrysler share

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Fiat failed to persuade a judge to set the value of some Chrysler Group LLC shares now owned by a union health-care fund, delaying a plan to combine the two companies.
Jul
31st

THAILAND: Further falls feared following end of subsidies

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Mitsubishi Motors has warned of further falls in demand for new cars in Thailand following the ending of subsidies for first-time buyers last year.
Jul
31st

SOUTH KOREA: GM confirms to models for domestic plants

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General Motors has dispelled concerns that it will shift Chevrolet production out of South Korea although it has delayed the launch of the revamped Aveo small car, according to labour unions.
Jul
31st

FRANCE: Baffled Mercedes seeks banned models refrigerant answer

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Mercedes-Benz is expressing bewilderment why France continues to impose its blanket certification ban on its A, B, CLA and SL models, despite other brands in its range using the same controversial refrigerant to which Paris takes such exception.
Jul
31st

COLOMBIA: FTA Colombia-Europe starts 1 August

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The long awaited free trade agreement between Colombia and Europe will start on 1 August with the first group of measures.
Jul
31st

Volkswagen accelerates second-quarter earnings on cost-cutting, luxury sales

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VW Group posted a surprise gain in second-quarter earnings, reaping the benefits of new cost-cutting technology and growing sales of luxury cars.
Jul
31st

Volkswagen accelerates second-quarter earnings on cost-cutting, luxury sales

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VW Group posted a surprise gain in second-quarter earnings, reaping the benefits of new cost-cutting technology and growing sales of luxury cars.
Jul
31st

VW accelerates second-quarter earnings on cost-cutting, luxury sales

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VW Group posted a surprise gain in second-quarter earnings, reaping the benefits of new cost-cutting technology and growing sales of luxury cars.
Jul
31st

US: Meritor closes sale of Brazilian joint venture

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Meritor has completed the sale of its 50% ownership interest in Suspensys Sistemas Automotivos to its joint venture partner Randon SA Implementos e Participacoes.
Jul
31st

FRANCE: PSA posts first half group revenue down 3.8% to EUR27.7bn

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PSA has unveiled first half group revenue of EUR27.7bn (EUR36.8bn), down 3.8% compared to the same period last year, while automotive division revenue also fell 7.5% to EUR18.7bn.
Jul
31st

ITALY: Chrysler buoys up Fiat as usual

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Chrysler buoyed up the Fiat Group in the second quarter as trading profit increased 9% to over EUR1bn on sales up 4% to EUR22.3bn.
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