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Apr
25th

RUSSIA: GAZ launches sales of GAZelle Next LCV across 82 dealerships

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GAZ's 82 dealerships in 77 regions of Russia have launched sales of the new-generation GAZelle Next light commercial vehicle.
Apr
25th

SOUTH KOREA: LG Chem eyes SOP at US car battery factory in H2

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LG Chem intends to commence production at its US car battery plant in the second half of 2013, despite slow demand for electric vehicles.
Apr
25th

XCar compares BMW M3 GTS with E30 M3: The first M3 still thrills

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Our friends over at XCar posted their comparison of the 1986 BMW M3 and the current generation E92 M3 GTS.
Apr
25th

Skoda aims to double sales in China by 2018

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Skoda aims to double its sales in China to 500,000 vehicles within five years as part of a push to raise annual global deliveries to at least 1.5 million cars by 2018, up from a record 939,200 vehicles in 2012.
Apr
25th

2013 Chevrolet Sonic RS review notes: No apologies needed for this compact Chevy

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EXECUTIVE EDITOR BOB GRITZINGER: How nice to bring this GM product home to the community where it was built (at the GM Orion plant), made even nicer because for the first time in about a lifetime, this is a no-excuses GM product.
Apr
25th

One lap of the Web: Syphilis, a scary monster and one huge remote-controlled car: Car goodness from all corners of the Internet

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We spend a lot of time on the Internet -- pretty much whenever weand#8217;re not driving, writing about or working on cars.
Apr
25th

Renault Twizy gets the Formula One treatment: Nutso urban runabout boasts latest F1 hybrid tech, hot hatch performance

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Renault has applied the state-of-the-art kinetic energy recovery system (KERS) used in its Formula One drivelines to the pint-sized Twizy electric car.
Apr
25th

SOUTH KOREA: Shift change niggle hits Hyundai profit

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Weaker currency and one-off costs hit Hyundai Motor profits in the first quarter despite a 6.0% year on year increase in sales.
Apr
25th

FRANCE: Renault Q1 sales and revenue hit by Europe weakness

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Renault has said that vehicle sales and revenues fell in the first quarter as conditions in Europe were tougher than expected. However, it also said that it continued to expand in markets outside of Europe.
Apr
25th

FRANCE: Valeo Q1 consolidated sales inch up to EUR3.04bn

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Valeo has reported 1.1% growth in consolidated sales on a like-for-like basis for the first quarter of 2013, despite a 9% drop in automotive production in Europe.
Apr
25th

Daily automotive news and comment – from just-auto.com 2013-04-25 08:25:00

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Mitsubishi Motors has raised its group net profit forecast for the fiscal year to 31 March 2013 to JPY38bn yen from JPY3bn.
Apr
25th

BRAZIL: GM fires and Hyundai hires workers

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Two opposed moves in the automaker-related labour market are on course. While GM has dismissed 598 workers from its troubled manufacturing plant in São José dos Campos, in São Paulo state, Hyundai has started hiring 600 to 700 people for a third shift at the Piracicaba plant, also in São Paulo state.
Apr
25th

Schaeffler said to consider 2014 initial public offering

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German supplier Schaeffler is exploring an initial public offering next year in Germany, three people familiar with the matter said.
Apr
25th

UK: Car output down 6.3% in March

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Car production in the UK declined in March as the industry felt the effects of weaker demand in Europe.
Apr
25th

VW, board member Garcia Sanz under investigation

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VW Group and management board member Francisco Javier Garcia Sanz are under investigation by German prosecutors over allegations they failed to prevent corruption at the company.
Apr
25th

VW, board member Garcia Sanz under investigation in Germany

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VW Group and management board member Francisco Javier Garcia Sanz are under investigation by German prosecutors over allegations they failed to prevent corruption at the company.
Apr
25th

INDONESIA: Toyota Industries plans to boost air conditioning supply

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Toyota Industries is to build a new factory to make automotive air conditioning compressors in Indonesia to supply the ASEAN market.
Apr
25th

ITALY: Fiat closes in on financing for Chrysler buy-out

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Fiat could secure financing by next month for a possible buyout of the rest of Chrysler, according to Reuters citing two people familiar with the matter.
Apr
25th

INDIA: Denso increases presence with Pricol stake

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Denso has acquired a majority stake in a subsidiary of Indian auto parts maker Pricol.
Apr
25th

GERMANY: GM announces further investment in Europe

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General Motors is to spend EUR230m (US$300m) at its European Product Development Centre at the Opel headquarters in Ruesselsheim and at the proving ground in Dudenhofen.
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