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Feb
18th

Lexus concept could preview Mini rival, reports say

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Lexus will unveil the LF-SA concept at the Geneva auto show, a vehicle that could preview a future rival to BMW Group's Mini, the Audi A1 or Daimler's Smart ForFour microcar, reports said.
Feb
18th

“At last, a car maker that’s not obsessed with beating BMW”

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Opinion Volvo
Opinion 18 Feb, 2015

After driving the new XC90, Steve Fowler thinks Volvo has come of age with a clear direction for the future

Feb
18th

UK: Honda specs HR-V for summer sale

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Honda UK has passed on four wheel drive and hybrid powertrains for its version of the new HR-V crossover on sale in summer 2015.
Feb
18th

Station wagon concept previews new Kia Optima

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Kia has released images of the Sportspace concept, a midsize station wagon that will debut at the upcoming Geneva auto show.
Feb
18th

SWEDEN: OEMs want agreement but process taking time: NEVS

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National Electric Vehicle Sweden (NEVS) says both unnamed overseas OEMs involved in a potential takeover of the ailing carmaker want to come to an agreement, but concedes the process is taking more time than anticipated.
Feb
18th

Buffett, Soros boost stakes in GM, report says

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Warren Buffett and George Soros, the billionaires making headlines with moves to invest in auto retail, have boosted their stakes in General Motors, The Wall Street Journal reported.
Feb
18th

UK: China exports increase seven-fold

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The Society of Motor Manufacturers and Traders (SMMT) said UK exports of cars to China increased five-fold in 2014 compared with 2009, driven by premium brands.
Feb
18th

Japanese auto workers demand raises as profits approach $34 billion

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Japan's auto workers are asking their employers for a bigger share of their projected 4 trillion yen ($33.6 billion) in annual profit in the form of a raise for the next fiscal year.
Feb
18th

UK: DAB radio fitment on UK market cars up to 61%

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DAB radio fitment on new cars sold in the UK car market has climbed from 4.4% in Q1 2010, to 61% currently, with 90% predicted for next year, according to SMMT figures released at a recent DAB broadcasting conference held in London.
Feb
18th

Apple cuts 200 employees from driverless car programme

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Apple car
News 24 Jan, 2019

Reports suggest Apple is restructuring its secretive driverless car technology programme, codenamed Project Titan

Feb
18th

Is there an Apple car on the way?

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Apple car
News 18 Feb, 2015

It's rumoured that computer giant Apple could be creating an autonomous or electric car

Feb
18th

Ex-GM CEO Akerson cautions Apple on trials of making cars

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Dan Akerson, retired CEO of GM, said Apple should steer clear of the business of making cars, though a push into automobile electronics would be a better move for the iPhone maker.
Feb
18th

INDONESIA: Sales fall 9.1% in January

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New vehicle sales in Indonesia fell by 9.1% to 94,139 units in January, from 103,609 units in the same month of last year, according to data gathered by the Gaikindo industry association.
Feb
18th

JAPAN: Bridgestone’s operating income rises

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The company's operating income for the period was up 9.1% to JPY478.04bn from JPY438.13bn. Its net income for the period rose 48.8% to JPY300.59bn compared with JPY202.05bn.
Feb
18th

CZECH REPUBLIC: Skoda’s Superb new minicab appears

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It's hard to pick at a glance in photos from smaller Skoda sedans but minicab operators across the UK will be waiting for the redesigned Superb to reach a certain used market price - the older models are known for lots of kit at lower prices than a VW Passat and ability to go on to high mileages.
Feb
18th

Dacia reveals Laureate Prime special editions

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Dacia Duster Laureate Prime front
News 18 Feb, 2015

Dacia celebrates 10th anniversary with Duster, Sandero and Logan MCV special editions at Geneva show

Feb
18th

FRANCE: PSA records 2014 net loss improvement to EUR555m

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PSA Peugeot Citroen has posted a 2014 net loss of EUR555m (US$632m), a four-fold improvement on the previous year's negative figure of EUR2.23bn.
Feb
18th

US: New hire would bring fresh view to Ford plans – analyst

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Ford's hiring of auto industry analyst and banker John Casesa underscores Mark Fields repeated assertion that his target is accelerating the One Ford plan, of which he was an integral architect during Alan Mulally's tenure as CEO, IHS Automotive senior analyst Stephanie Brinley said in a research note.
Feb
18th

UK: Rolls-Royce to make SUV

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Rolls-Royce is to make its first SUV according to a letter sent out to potential customers, employees, suppliers and media.
Feb
18th

PSA reports first profit in 3 years after cutting costs

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PSA took a step toward its recovery goals, raising its key cash-flow objective after strong China sales and a recovering Europe helped the automaker post its first annual operating profit in three years.
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