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Mar
23rd

JAPAN: Mitsubishi cuts April output

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Mitsubishi Motors (MMC) on Monday it would suspend output at three Japanese plants for four to eight days in April. Full story...
Mar
23rd

GERMANY Daimler welcomes new investor, analysts fret

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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. Full story...
Mar
23rd

CHINA: Beijing unveils auto sales/restructuring targets

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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. Full story...
Mar
23rd

US: ArvinMeritor NYSE listing threatened

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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. Full story...
Mar
23rd

FRANCE: Valeo changes CEO

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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". Full story...
Mar
23rd

RESEARCH ANALYSIS: Review of the road wheels market

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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. Full story...
Mar
23rd

GM bondholders air concern about bankruptcy

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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. Full story...
Mar
23rd

Daimler’s cash needs shown in Arab fund’s stake

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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...
Mar
23rd

Daimler’s cash needs shown as Arab fund buys stake

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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...
Mar
23rd

Jaguar points dealers toward floorplan providers

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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. Full story...
Mar
23rd

Mercedes prepares to expand U.S. plant

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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...
Mar
23rd

Valeo chief Morin quits in dispute over strategy

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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. Full story...
Mar
23rd

Valeo’s Morin replaced by former Saint-Gobain leader

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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. Full story...
Mar
23rd

Ford mid-sized car: European platform, N.A. engineers

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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. Full story...
Mar
23rd

25 finalists vie for PACE Awards

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Here are profiles of six of the 25 finalists in the 2009 Automotive News PACE Awards. Full story...
Mar
23rd

Mercedes prepares to expand Ala. plant

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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...
Mar
23rd

Mercedes steps up customer service

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After admittedly losing its way for years, Mercedes-Benz says it has a new determination to make the customer king in dealerships. Full story...
Mar
23rd

GM bondholders air concerns about lack of progress in talks

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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. Full story...
Mar
23rd

China taps partners of GM, Ford in push for reform

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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. Full story...
Mar
23rd

Arab fund’s stake in Daimler shows automakers’ need for cash

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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...
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