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Aug
6th

Pickup trucks rising, thanks to oil boom

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Full-sized pickup sales are rebounding to big volumes -- even without the complete return of new-home construction. Through seven months, sales of full-sized pickups in the United States rose 4 percent in an overall market that increased 5 percent.
Aug
6th

UK: Signs of “stabilisation” but July sales rise 6.6%

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UK new car sales rose 6.6% year on year to 172,907 units in July, the 29th consecutive month of growth.
Aug
6th

PSA denies partnership talks with India’s Mahindra

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PSA/Peugeot-Citroen denied an Indian newspaper report of partnership talks with India's Mahindra and Mahindra to share technology and production facilities.
Aug
6th

Mercedes MLC: mega X6 rival hits the track

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Mercedes MLC 63 AMG spy shot
News 6 Aug, 2014

'MLC' AMG set to get ML63 AMG's 5.5-litre V8 has been spied on test

Aug
6th

Visteon posts 11% rise in Q2 revenue, raises profit forecast

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Visteon reported an 11 percent rise in quarterly revenue and raised its full-year profit forecast as higher vehicle production boosts sales of air conditioning and electronics products.
Aug
6th

SINGAPORE: GM opens new regional headquarters

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General Motors has officially opened its new regional headquarters in Singapore. General Motors International will support six key markets - Africa, Australia, India, the Middle East, Southeast Asia and South Korea.
Aug
6th

ITALY: Pirelli’s net sales down 3.3% to US$3.99bn in H1/2014

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Pirelli's net sales for the six months ended 30 June 2014 were down 3.3% to EUR2.98bn (US$3.99bn) compared with EUR3.09bn in the same period a year ago.
Aug
6th

GERMANY/UK: Daimler increases stake in Aston Martin to 5%

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Daimler will acquire an additional 1% stake in Aston Martin, increasing its total holding in the company to 5%.
Aug
6th

Tesla reaches settlement to end China trademark dispute

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Tesla Motors said it resolved a trademark dispute in China that threatened to complicate the company's plans to increase sales in the world's largest auto market.
Aug
6th

INDIA: Honda shifting City to Tapukara plant

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Honda Cars India Limited (HCIL) has decided to shift the entire production of the redesigned City to its Tapukara plant in Rajasthan, in order to meet rising demand for all models.
Aug
6th

JAPAN: Pioneer’s net loss narrows to US$20.35m in Q1/FY2015

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Pioneer's net sales for the fiscal first quarter ended 30 June 2014 were up 3.73% to JPY113.33bn compared with JPY109.26bn in the fiscal first quarter ended 30 June 2013.
Aug
6th

UK car market continued to grow in July

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Ford-Fiesta-front-action
News 6 Aug, 2014

July 2014 saw new car registrations in the UK increase for 29th consecutive month as Ford Fiesta once again tops the sales chart

Aug
6th

INDIA/FRANCE: Mahindra and Peugeot talk strategic alliance – report

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Mahindra & Mahindra and PSA Peugeot Citroën are in talks for a strategic alliance involving technology sourcing, mutual sharing of production capacity in France and India as well as "significant investments", The Economic Times said, citing industry sources.
Aug
6th

Marchionne blames ‘overreaction’ for selloff threatening merger

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Fiat Chrysler chief Sergio Marchionne today blamed overblown press reports and a "lack of understanding" of the merger with Chrysler for a share selloff that threatens to prevent the tie-up's completion.
Aug
6th

Marchionne blames ‘overreaction’ for share selloff threatening Fiat Chrysler merger

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Fiat CEO Sergio Marchionne blamed overblown press reports and a "lack of understanding" of the merger with Chrysler for a share selloff that threatens to blow the planned tie-up off course
Aug
6th

Fiat shares fall to yearly low on Chrysler merger concerns

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Shares in Fiat fell to their lowest level this year, with traders citing concerns that investors who voted against the carmaker's merger with Chrysler would exercise their right to sell the stock, potentially jeopardizing the tie-up.
Aug
6th

Fiat shares fall to yearly low on Chrysler merger concerns

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Shares in Fiat fell to their lowest level this year, with traders citing concerns that investors who voted against the carmaker's merger with Chrysler would exercise their right to sell the stock, potentially jeopardizing the tie-up.
Aug
6th

Strong UK car sales in July part of improving European trend

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New-car sales in the UK rose by 7 percent in July, as the country's credit-backed growth continued. The increase follows volume growth last month in Germany, Italy and Spain.
Aug
6th

Lane closures on major motorways every day in 2013

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Hard shoulders to be scrapped on some motorways
News 7 Aug, 2014

Majority of the most important UK motorways didn't run at full capacity for a single day last year

Aug
6th

RUSSIA: Market could fall 30% this year as confidence stalls: Ernst & Young

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Turmoil currently engulfing relations between Russia and the West is starting to feed through to domestic consumer confidence with some forecasts estimating the market could plummet by as much as 30% this year.
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