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America's component manufacturing body says it expects lower revenue for its members following the UK's shock decision to leave the European Union (EU).
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Aston Martin will see a short-term financial gain from the crash in the pound's value following the UK's decision to leave the EU, CEO Andy Palmer said.
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The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, July 4.
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GM has appointed former Audi and Mercedes executive Felix Weller as head of Cadillac Europe as it tries to increase sales of the U.S. luxury brand in the region.