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Apr
18th

JAPAN: Mazda names compact crossover

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Mazda said its compact crossover SUV for launch at this year's Frankfurt show in September will be called the CX-5.
Apr
18th

JAPAN ‘QUAKE: PSA Spain output hit but GM "unaffected"

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Last month's earthquake in Japan affected production at PSA-Peugeot Citroen's Vigo factory where approximately 6,000 cars were 'lost', according to union officials. However, at rival GM, all is proceeding well, they added.
Apr
18th

Toyota plans further investments in quake-ravaged Miyagi region

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Toyota, the automaker most affected by Japan's record earthquake, is planning to build a new engine plant in the nation's devastated Miyagi prefecture and will transfer a subsidiary's production operations to the region.
Apr
18th

Toyota plans further investments in quake-ravaged Miyagi region

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Toyota, the automaker most affected by Japan's record earthquake, is planning to build a new engine plant in the nation's devastated Miyagi prefecture and will transfer a subsidiary's production operations to the region.
Apr
18th

SWEDEN: Debt Office meets to consider Saab property finance request

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Sweden's National Debt Office is meeting today (18 April) in Stockholm to discuss Saab's application to use its property to release collateral.
Apr
18th

JAPAN ‘QUAKE: Isuzu suspends output in Philippines, denies take-over

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Truck and diesel engine specialist Isuzu Motors is the latest Japanese automaker to suspend production, at its Philippine subsidiary, due to parts shortages.
Apr
18th

Ferrari should be valued at $7.3 billion in IPO, Marchionne says

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Fiat CEO Sergio Marchionne said he's told bankers pushing him to pursue an initial public offering of Ferrari that the division may be worth more than 5 billion euros ($7.3 billion).
Apr
18th

BMW, Mercedes outpace rivals as China clamps down on ‘hedonism’

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BMW and Daimler are growing their car sales in China at more than nine times the pace of the wider industry, defying the nation's attempts to unclog its roads and discourage "lavish lifestyles."
Apr
18th

VW may increase work force in China to 85,000 by 2015

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Volkswagen may increase its China work force to as many as 85,000 by 2015 from the current 50,000, Karl-Thomas Neumann, CEO of Volkswagen Group China, said.
Apr
18th

Fiat changes product strategy in key segment

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Fiat has decided it won't launch a new conventional hatchback to rival the VW Golf, Europe's best-selling car.
Apr
18th

Teamwork can turn great ideas into winning innovations

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Automotive innovation starts with original ideas from insightful engineers. But it's usually patient teamwork that turns the ideas into reality, many winners of 2011 Automotive News PACE Awards said last week.
Apr
18th

To keep automakers’ factories running, Magna employees at fire-ravaged plant salvaged tools, set up production in a warehouse, even made parts in mittens while snow fell through an open roof

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Nobody knows how the fire started. Robert Brownlee, president of Magna Exteriors and Interiors Corp., got the news on his BlackBerry while traveling. On Wednesday, March 2, a 5 p.m.
Apr
18th

For Detroit 3, sales soar per store

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It was a good year to be a surviving domestic-brand dealership. In 2010, an 11 percent jump in industry sales and a third straight year of massive dealership closings boosted per-store sales -- and profits.
Apr
18th

Big Apple’s model mix: Compacts, muscle, luxe

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The New York auto show will answer a puzzling question: How do you update a retro-styled car? That will come from Volkswagen, which will unveil the redesigned Beetle.
Apr
18th

Dealers hunt for costly used cars

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Since the earthquake in Japan, used-vehicle prices have become so volatile that price experts are scrambling to keep up.
Apr
18th

Massive cuts for Toyota, Nissan

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As inventories of Japanese products continue to dry up, Toyota Motor Corp. and Nissan Motor Co. have warned U.S. dealers: Full deliveries from Japan likely won't arrive until July at the earliest, and perhaps as late as September.
Apr
18th

Side vents, ‘Bangle butts,’ accent lines — the same elements show up on car after car

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When it comes to designing a new car, it's really, really hard to do anything new. Disassemble the pieces of the coolest new designs, and chances are you'll have the funny feeling that you've seen them all before.
Apr
18th

Dodge Avenger R/T makes world debut in New York

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Following a number of automakers, Chrysler Group LLC today announced a world debut for the 2011 New York International Auto Show, namely the new 2012 Dodge Avenger R/T with sportier dynamics and design.
Apr
18th

Twitter recommends Auto123.com to follow F1

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You're probably familiar with Twitter, the microblogging service that allows people to communicate, share and get information in real time via 140-character posts.
Apr
18th

All-new 2012 VW Beetle gets ‘major 21st century update’

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Few automobiles have captured our imagination like the Volkswagen Beetle. Since returning as the New Beetle in 1998, it's been sold all over the globe without receiving any major updates. Thirteen years later, the German automaker is celebrating the world debut of the third-generation Beetle simultaneously in Shanghai, Berlin and New York.
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