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Jan
25th

Daimler and Iran Khodro to produce truck diesel engines

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Daimler and IKCO have inked a memorandum of cooperation to produce three diesel truck engines in Iran, following the recent lifting of sanctions.
Jan
25th

Grammer improves 2015 NAFTA revenue 15% to US$173m

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Grammer Automotive says NAFTA revenue exceeded EUR160m (US$173m) last year, improving the previous figure by 15%.
Jan
25th

Johnson Controls and Tyco to merge

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A big deal under which Johnson Controls would acquire Tyco, a fire protection and security company, is said to be at an 'advanced' stage of discussions.
Jan
25th

New Volkswagen range for 2016 – pictures

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Jan
25th

FCA starts Warren stamping plant production

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FCA US has started production at its newest stamping plant in Warren, Michigan, after investing US$63m in the 65-year-old facility.
Jan
25th

VW labor leader rejects efficiency drive at core brand

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VW labor leader Bernd Osterloh has rejected a push by management for a big rise in productivity at the automaker's core brand and said planned structural changes were causing "unease" among workers, a report said.
Jan
25th

Ford to close operations in Japan, Indonesia this year

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Ford will close all operations in Japan and Indonesia this year as it sees "no reasonable path to profitability" there, according to an internal document reviewed by Reuters on Monday.
Jan
25th

SAIC considers India manufacturing via GM plant buy – reports

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Chinese vehicle producer SAIC is reportedly considering a move to purchase a GM India plant to start manufacturing in India. Reports in India suggest that the company plans to buy GM's Gujarat factory.
Jan
25th

Daimler’s Zetsche impressed by Sillicon Valley car efforts

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Daimler CEO Dieter Zetsche has told a German newspaper that Google and Apple have made more progress on automotive projects than he had previously assumed
Jan
25th

Takata will meet carmakers to gauge possible financial aid, source says

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Takata plans to meet with key customers this week to gauge how receptive they are to extending financial aid to help the supplier cope with the costs of its massive airbag recall, a person familiar with the matter said.
Jan
25th

GM program ‘just another channel’

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Dealers have responded warily to news that General Motors will insert itself into the used-car business, a key profit center at most dealerships. Here are details on how GM's Factory Pre-Owned Collection plan will work.
Jan
25th

At dealership group, it pays to pay bills

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Kuni Automotive's centralized accounting department eliminated the need to sign 90,000 checks per year, saving staffers' time. Plus, its new system earns $15,000 a month in credit-card rebates.
Jan
25th

Ford share gains hinge on Fusion and Escape

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Updated versions of Ford's highest-volume car and crossover will be key to the growing market share this year, but both face big challenges that could hinder sales.
Jan
25th

Over-the-air updates on varied paths

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Over-the-air vehicle updates aren't just for Tesla anymore. But other manufacturers lack such easy remote access to their vehicles in service.
Jan
25th

No love for Ford on Wall Street

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Wall Street isn't sold on Ford executives' upbeat prognoses. As profits grow, its stock price keeps sinking. Last week Ford shares fell to their lowest closing price in more than three years. They've dropped 19 percent since January 2015.
Jan
25th

Honda makes moves, but will stay in California

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Honda is investing in its Los Angeles-area management location, even as Toyota prepares to follow Nissan's California exodus.
Jan
25th

Mazda ventures into snowy territory

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Mazda is launching a market offensive in U.S. cities such as Denver, Minneapolis and Chicago, sensing an opportunity to ride a trio of all-wheel-drive crossovers to greater success in the snow belt.
Jan
25th

Don’t expect smaller Buick Enclave, Chevrolet Traverse

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The big question was left hanging after GMC showed a shrunken 2017 Acadia this month at the Detroit auto show: What does the redesign mean for the Acadia's crossover cousins, the Buick Enclave and Chevrolet Traverse? Global product chief Mark Reuss...
Jan
25th

GM joins car-sharing fraternity

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General Motors' new Maven brand puts the automaker in the middle of a battle being waged by Nissan, Ford and others on college campuses to get a leg up in the emerging car-sharing economy.
Jan
25th

2016 will see fewer dealership acquisitions

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Some retailers say dealership acquisition prices are too high, citing a drop in public dealership groups' stock prices and narrowing dealership margins.
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