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Oct
17th

US: Suppliers win transmission patent case

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ArvinMeritor, ZF Friedrichshafen, and ZF Meritor on Friday said they had won the patent infringement suit brought by Eaton on the ZF FreedomLine truck transmission. The suit was initially filed on 1 December, 2003. Read more ...
Oct
17th

Inchcape issues profit warning

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Dealer group Inchcape has warned of lower than expected profits in 2008 and 2009 because of the current economic slowdown. Read more ...
Oct
17th

AUSTRALIA: Volt for sale ‘down under’

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General Motors' Chevrolet Volt will be sold in right-hand-drive Australia, according to local reports. Read more ...
Oct
17th

UK: Dealer group issues profits warning

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UK-based global vehicle distributor and dealer Inchcape Group on Friday issued a profits warning, saying it expects current trading conditions to remain "difficult for the rest of 2008 and throughout 2009. Read more ...
Oct
17th

UK: Jaguar Land Rover wants 198 redundancies

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Jaguar Land Rover, recently sold by Ford to India's Tata Motors, is calling for 198 voluntary redundancies at its three factories in central and north-west England, a company spokesman confirmed on Friday. Read more ...
Oct
17th

Bond’s wrecks appeal

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Buyer pays £200,000 for Aston Martin DBS which was wrecked during filming of the latest Bond movie Read more ...
Oct
17th

Cerberus nears deal to buy remaining Chrysler stake

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Private equity firm Cerberus Capital Management is nearing a deal to buy Daimler's remaining stake in Chrysler, sources familiar with the talks said. Read more ...
Oct
17th

THE WEEK THAT WAS: The roller-coaster ride continues

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Another week, flies by, another week of government pronouncements, daily news gloom and stock market turmoil. Read more ...
Oct
17th

Reports: Ford to sell Mazda shares to insurers, others

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Ford Motor is finalizing plans to sell shares in Mazda to about 20 Japanese firms, including insurers, and will likely outline the deal by next month, local media reported on Friday. Ford is considering selling some of its 33. Read more ...
Oct
17th

Report: AvtoVAZ seeks state loan to offset weak sales

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Russia's largest carmaker, AvtoVAZ, has asked the state-run VEB bank for a $1 billion loan to compensate for shrinking sales hit by the credit crisis, a Russian newspaper reported on Friday. Read more ...
Oct
17th

Media: Ford to sell Mazda shares to insurers, others

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Ford Motor is finalizing plans to sell shares in Mazda to about 20 Japanese firms, including insurers, and will likely outline the deal by next month, local media reported on Friday. Ford is considering selling some of its 33. Read more ...
Oct
17th

Damp buster sees off winter’s worst

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As winter closes in, so do the cold and damp – and even the best garages can’t protect your car completely. Read more ...
Oct
17th

GERMANY: Porsche opens Prague base

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Porsche has created a new subsidiary Porsche Central and Eastern Europe based in Prague, Czech Republic, "better able to meet the special demands of central and eastern European countries in the future". Read more ...
Oct
17th

US: GM laying off 1,500 more

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General Motors is to lay off 1,500 hourly workers at plants in Michigan and Delaware after sales of the pickup trucks, large cars and two-seat roadsters they build slowed. Read more ...
Oct
17th

UK: RAC calls for scrapping incentives

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A scheme to encourage the scrapping of old cars to increase the rate at which motorists trade them for newer, more fuel-efficient models, could achieve environmental benefits according to new research by the Royal Automobile Club (RAC) Foundation. Read more ...
Oct
17th

THAILAND: September sales down 10%

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Thai vehicle sales declined 10.5% year on year to 47,881 units in September, according to the Federation of Thai Industries, with rising economic and political uncertainty continuing to deter buyers. Read more ...
Oct
17th

Jaguar Land Rover to cut UK jobs

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Jaguar Land Rover will cut 198 jobs from its UK workforce, the company said Friday. Read more ...
Oct
17th

US: Could Renault get Jeep back?

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The Jeep brand could return to Renault ownership under a deal that would split Chrysler between Renault and General Motors. Read more ...
Oct
17th

So whose ads pay off?

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What’s your favourite car ad? Whether it’s Citroen’s robot or Honda’s skydivers, they all cost money to make. To calculate just how much of a new car’s price goes directly on publicity, industry analyst Ebiquity used registration figures and ad budgets for 2008 so far. Read more ...
Oct
17th

Tracker’s money back deal

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Manufacturer guarantees its latest unit will trace stolen car. Read more ...
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