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Jan
22nd

UK Fast progress could see Hoegh Osaka in Southampton at 17:00 GMT

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Hoegh Autoliners says its giant Osaka carship is on the move and could even arrive back in the Port of Southampton by 17:00 local today (22 January).
Jan
22nd

GM issues stop-sale on crossovers for problem with Goodyear tires

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General Motors has told dealers to stop delivery of about 6,300 2015 Chevrolet Traverse, GMC Acadia and Buick Enclave crossovers because of a pending recall to replace tires that are prone to cracking.
Jan
22nd

Cadillac boss to introduce ’boutique’ store concept to 700 dealers

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Cadillac plans to ask about 700 of its dealerships to invest in small "boutique" stores that would offer "high technology showrooms" and a higher level of service than they offer today.
Jan
22nd

US: BorgWarner supplies Seat FXD Leon Cupra technology

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BorgWarner says it is providing its front cross differential (FXD) technology for the new Seat Leon Cupra.
Jan
22nd

ANALYSIS: Has Audi reached a limit with model proliferation?

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Audi's continuing success has come with a stream of new products but is a TT family a step too far?
Jan
22nd

US: Cooper-Standard restructures Europe operations

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Cooper-Standard Holdings, the parent company of Cooper-Standard Automotive, says it will restructure its European manufacturing footprint based on current and anticipated market demands.
Jan
22nd

Toyota Mirai hydrogen car scores surprise sales hit

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Toyota Mirai
News 22 Jan, 2015

Toyota Mirai hydrogen fuel-cell car secures 1,500 orders in first month in Japan, production to be tripled in 2016

Jan
22nd

THAILAND: Toyota targets strong growth in Indochina

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Toyota Motor is setting up a new business division called Mekong Region Virtual Company to help drive sales growth in Indochina, including Vietnam, Laos, Cambodia and Myanmar.
Jan
22nd

US: Parker Hannifin elects CEO and COO

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Parker Hannifin says it has elected company veterans Thomas Williams as CEO and Lee Banks as president and COO, each effective 1 February.
Jan
22nd

GERMANY: Continental appoints advisory board for future mobility

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Continental Intelligent Transportation Systems has announced that effective January, Satish Khatu, former IBM general manager, global industrial sector, Helmut Matschi, member of the Continental executive board and head of the interior division, and Samir Salman, CEO NAFTA Continental automotive divisions, will be appointed as members of its new advisory board.
Jan
22nd

SOUTH KOREA: Hyundai profit down 15% in 2014

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Hyundai Motor has said its net profit fell 15% last year to 7.65 trillion won (around USD7bn), a result that disappointed analysts.
Jan
22nd

PSA winds down hybrid air fuel-saving project, still seeks partner to share costs

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PSA/Peugeot-Citroen said it will continue development of its Hybrid Air technology to reduce fuel use, despite reports in the French press that the project almost certainly will not see commercialization.
Jan
22nd

Chinese aerospace firm pursues acquisition of U.S. supplier Henniges, report says

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AVIC, China's biggest aerospace company, is among bidders pursuing an acquisition of US auto supplier Henniges Automotive Holdings, people with knowledge of the matter told Bloomberg. AVIC could pay $1 billion for the acquisition, Bloomberg reported.
Jan
22nd

GERMANY: Bosch, BMW, and Vattenfall form used batteries alliance

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Bosch, BMW Group, and Vattenfal are to work together on a project to recycle used electric vehicle batteries for energy storage use that it is claimed can help to keep the power grid stable.
Jan
22nd

FINLAND: Nokian unveils new NTR 2 steer axle tyre

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Nokian Heavy Tyres is introducing the new Nokian NTR 52 steer axle tyre for trucks and buses for medium and long distance use
Jan
22nd

Kia needs India plant to offset slowing sales in Russia and China, report says

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Kia needs to set up a factory in India to tap growth in the fast-growing market and offset slowing sales in Russia and China, a Korean newspaper reported the automaker's CEO as saying. India may become the world's No. 3 auto market by next year.
Jan
22nd

Motorists are too poor to fix their cars

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Motorists too poor to fix cars
News 22 Jan, 2015

Survey: cash-strapped drivers are cutting back on vital repairs and maintenance needed to make their cars safe to drive

Jan
22nd

CHINA: Linglong inks SI Group deal

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Linglong Tire has inked a deal with its material supplier SI Group (Shanghai), a subsidiary of US-based chemical intermediates manufacturer SI Group.
Jan
22nd

Hyundai profit falls 19% on weak yen, ruble plunge

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Hyundai's fourth-quarter profit fell 19 percent after the weaker yen and ruble eroded overseas earnings. A weaker yen gave rivals including Toyota a competitive edge in the U.S., while a plunge in the ruble lowered the value of earnings in Russia.
Jan
22nd

UK: SMMT ups its Brussels lobbying game

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The UK auto industry trade association, the Society of Motor Manufacturers and Traders (SMMT) says it has "flown the flag for the UK automotive sector with a parliamentary reception in Brussels."
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