Mitsubishi Motors (MMC) on Monday it would suspend output at three Japanese plants for four to eight days in April.
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Daimler has welcomed Aabar Investments of Abu Dhabi as a major investor and said it was increasing its share capital by about 10% with exclusion of subscription rights of existing shareholders.
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The Chinese central government is encouraging further consolidation in the country's automotive sector in an effort to encourage efficiency and product quality, according to a paper released by the State Council.
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The New York Stock Exchange (NYSE) has told US auto supplier ArvinMeritor it has fallen below NYSE's continued listing standard related to total market capitalisation and stockholders' equity.
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Valeo on Monday said chairman and chief executive officerThierry Morin had departed "as a result of strategic differences and the will of the board to change the group's governance structure".
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Road wheels have been constantly re-invented to the point where the main development trends are moving beyond bigger, lighter and brighter wheels toward scale and flexibility in design. Matthew Beecham rolls out just-auto's latest review of road wheels.
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Bondholders holding some $27 billion of General Motors debt on Sunday sent a letter to the White House task force overseeing the bailout of the auto industry to register concern with the lack of progress in GM's debt-restructuring talks.
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Analysts today said Daimler's move to raise billions of euros in fresh capital shows how badly European automakers need cash in the current weak economic climate. Daimler said on Sunday it will raise 1.95 billion euros ($2.
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Analysts today said Daimler's move to raise billions of euros in fresh capital shows how badly European automakers need cash in the current weak economic climate. Daimler said on Sunday it will raise 1.95 billion euros ($2.
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Jaguar and Land Rover executives say they are guiding dealers to alternative sources of floorplan financing, but those who are not approved by Chase Auto Finance ultimately are on their own. Ford Motor Co.
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Mercedes-Benz, defying a worldwide decline in auto sales, is preparing to expand its U.S. plant. Plans include a $290 million (214 million euros) investment at the Vance, Alabama, factory.
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Valeo said today CEO Thierry Morin was stepping down in a disagreement over strategy. The French supplier named ex-Saint-Gobain deputy CEO Jacques Aschenbroich as his replacement.
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Valeo said today CEO Thierry Morin was stepping down in a disagreement over strategy. The French supplier named ex-Saint-Gobain deputy CEO Jacques Aschenbroich as his replacement.
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Ford Motor Co. will use a platform developed in Europe for its global mid-sized car, but the engineering work will be done in North America.
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Here are profiles of six of the 25 finalists in the 2009 Automotive News PACE Awards.
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Mercedes-Benz, defying a worldwide decline in auto sales, is preparing to expand its U.S. plant. Plans include a $290 million (214 million euros) investment at the Vance, Alabama, factory.
Full story...
After admittedly losing its way for years, Mercedes-Benz says it has a new determination to make the customer king in dealerships.
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Bondholders holding some $27 billion of General Motors debt on Sunday sent a letter to the White House task force overseeing the bailout of the auto industry to register concern with the lack of progress in GM's debt-restructuring talks.
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China will concentrate more power in the hands of fewer auto and steel companies, the government said in unveiling its most concrete plans yet for reform of the two industries.
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Analysts today said Daimler's move to raise billions of euros in fresh capital shows how badly European automakers need cash in the current weak economic climate. Daimler said on Sunday it will raise 1.95 billion euros ($2.
Full story...