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Feb
3rd

Range Rover will launch Porsche Macan, BMW X6 rival, report says

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Land Rover will launch a sporty Range Rover to rival the Porsche Macan and BMW X6, a report said. The SUV will sit between the Range Rover Evoque and Range Rover Sport and will be called the Velar, according to the report.
Feb
3rd

THE WEEK – PSA’s DS brand under the microscope

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What must PSA Groupe do to turn the DS brand around? We asked. And answered this week with an in-depth exploration of future model strategy in the first in a series concerning the French automaker's passenger car brands. It's been a very popular read but it's lengthy so pull up a cup (or glass, it's Friday) of your favourite beverage and get comfortable first.
Feb
3rd

Australia sales inch up in January

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Motor vehicle sales across Australia got off to a solid start in January, with the month s sales nudging ahead of the same period last year and showing a rise in activity among private purchasers, the Federal Chamber of Automotive Industries (FCAI) said.
Feb
3rd

AutoNation’s Q4 net jumps 18%, revenue up 2.6%

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AutoNation's fourth-quarter net income jumped 18 percent to $115.3 million, as revenue rose 2.6 percent to $5.48 billion on gains in all major business operations.
Feb
3rd

Honda raises forecasts after buoyant Q3 results

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Honda has raised its forecast for operating profit this fiscal year on the back of a weakening yen and strong Q3 financial results.
Feb
3rd

Renault mulls supply impact after Czech factory blaze

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Renault has restarted production at its Douai plant in northern France after a three-day hiatus caused by a massive fire at interior supplier, Recticel, which has thrown several OEMs' just-in-time plans into considerable flux.
Feb
3rd

Barra, Musk, CEOs meet with Trump amid tension over policies

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President Donald Trump huddled with General Motors CEO Mary Barra, Tesla CEO Elon Musk and several top executives of major U.S. companies on Friday as the business community finds itself increasingly split over how to respond to his policies.
Feb
3rd

Daimler sets 47th consecutive monthly sales record

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Daimler, which has just announced financial results records for full year 2016,  said its Mercedes-Benz brand started 2017 with double-digit growth and a 47th consecutive record month for unit sales.
Feb
3rd

2017 Chicago motor show – world debuts

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FCA US, Ford Motor Company, Hyundai Motor America, Nissan North America and Subaru of America all had vehicle world premieres at the 2017 Chicago auto show.
Feb
3rd

Chicago auto show – Subaru & Hyundai world debuts

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Fuji Heavy Industries and Hyundai Motor America have each announced world premieres for the imminent Chicago auto show.
Feb
3rd

UQM/Meritor to jointly develop Electric Axle systems

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UQM Technologies has inked an agreement with Meritor, with the latter company developing integrated axle components for E-axle technology.
Feb
3rd

Tenneco appoints new chief executive officer

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Tenneco has appointed Brian Kesseler as the company's new CEO from May this year, succeeding Gregg Sherrill, who has been chairman and CEO since January, 2007, but who will continue with the supplier as executive chairman.
Feb
3rd

Tata’s Tamo brand said to unveil halo sports car to help shed budget image

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Tata Motors will unveil a concept at the Geneva auto show next month that could preview a halo sports car to be sold under its new, upscale Tamo brand.
Feb
3rd

JCI to increase US battery production capacity

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Johnson Controls is announcing investments to grow aftermarket battery manufacturing capability in the US. The company will accelerate US$450m in investment at its existing facilities across the country to increase capacity to grow its aftermarket service and supply capabilities.
Feb
3rd

South Korean domestic sales flat in January

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Domestic sales among South Korea's five main automakers were flat at 106,210 units in January, compared with 106,281 units in the same month of last year, according to preliminary data released individually by the country's vehicle manufacturers.
Feb
3rd

Lectra appoints Jerome Viala as executive vice president

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French supplier, Lectra, has appointed Jérôme Viala, CFO, as executive vice president for the Group.
Feb
3rd

China’s JAC plans SUV joint venture in GM Mexico factory

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Chinese automaker Jianghuai Automobile Co Ltd (JAC) and Mexico's Giant Motors Latino America plan to jointly assemble SUVs at a plant near Mexico City, according to local sources.
Feb
3rd

Bosch agrees US$328m diesel settlement but no liability

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Bosch has followed hard on the heels of Volkswagen in reaching civil settlements of US$328m in the US in connection with VW, Audi and Porsche vehicles, although the German supplier is at pains to stress "no acknowledgement of the alleged facts, no acceptance of any liability."
Feb
3rd

Hastor family says it’s not seeking a hostile takeover of Grammer

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Bosnia's Hastor family said its demand to replace nearly half of Grammer's supervisory board should not be construed as an aggressive move to gain control of the company.
Feb
3rd

Honda earnings surge 27% on North America, China

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Robust sales in North America and China, along with lower recall costs, powered a 27 percent surge in operating profit at Honda in the latest quarter. The sales increase and falling costs more than offset huge foreign exchange losses.
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