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Feb
22nd

SOUTH KOREA: Green shoots of recovery start to show at Ssangyong

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Ssangyong Motors has launched its first new vehicle in three years, the Korando C compact SUV.
Feb
22nd

JAPAN: Carmakers slim down to speed decision making

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Honda is the second Japanese carmaker to announce that it is trimming the number of full board members, to 12 members from the current 20, at the end of June to speed up decision-making.
Feb
22nd

Sonic Automotive doubles Q4 net income

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Auto dealership group Sonic Automotive Inc. today said its fourth-quarter net income more than doubled from the same quarter a year ago. The Charlotte, N.C.-based retail group said it posted $16.5 million in net income during the quarter, up from $7.
Feb
22nd

CHINA: Great Wall executive dismisses JLR reports

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Great Wall Motor's Company Secretary Xu Hui has said he had not heard of reports linking his company with Tata Motors' Jaguar and Land Rover brands.
Feb
22nd

Skoda to show new design concept

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New Skoda design language concept and new logo to go on display at Geneva Motor Show.


Feb
22nd

SOUTH KOREA: Mercedes eyes smaller models

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Mercedes-Benz plans to import smaller models into Korea next year.
Feb
22nd

ITALY: New automakers could be on Termini Imerese site by next year

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A government agency closely linked to last week's announcement of future plans for Fiat's Sicilian operations, says car producers could be operating on site as early as next year.
Feb
22nd

Porsche union boss attacks VW production chief over Cajun comments

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Porsche's union leader has accused VW's production chief of interferring in Porsche's internal affairs by naming Leipzig as the likely production location for the new Porsche Cajun model.
Feb
22nd

SOUTH KOREA: Hyundai acts on rare earth metals

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Hyundai Motor plans to secure rare earth metals used in electric and hybrid cars as the industry acts over a possible shortage of the minerals.
Feb
22nd

GERMANY: VW plans EUR500m Leipzig expansion spend

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Volkswagen plans to spend around EUR500m on the extension of its Leipzig plant.
Feb
22nd

Rolls-Royce targets 10% sales increase in 2011

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Rolls-Royce aims to increase sales at least 10 percent this year as it boosts deliveries in China and seeks to attract younger buyers. The automaker almost tripled sales to a record last year, selling 2,711 cars through growth in Asia, the U.S.
Feb
22nd

RUSSIA: GM reported in automaking JV talks

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General Motors and Russia's Avtotor reportedly plan to form a joint venture to produce at least 300,000 cars per year in Russia.
Feb
22nd

Honda board reduction includes head of American Honda

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Honda Motor Co. said today it will remove the head of American Honda, Tetsuo Iwamura, from its board in a move that cuts the number of directors to 12 from 20 and aims to streamline decision making.
Feb
22nd

TURKEY: Ford Otosan profits beat estimates

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Ford Otosan booked a 57% rise in net profit to TKL195.7m (US$123.6m) in the fourth quarter, comfortably beating forecasts thanks to strong economic growth and the cheap loans that kept Turks buying cars.
Feb
22nd

RUSSIA: IzhAvto gears up for VAZ output

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Russian automaker IzhAvto plans to start producing VAZ-2107 cars from March, said Alexander Volkov, the president of the constituent republic of Udmurtia, told ITAR-TASS.
Feb
22nd

Peugeot 208 snapped testing

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Peugeot’s new Ford Fiesta rival caught cold weather testing ahead of its launch in 2012.


Feb
22nd

Wild new Renault Scenic spied

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Renault R-Space concept spied ahead of it's Geneva show debut, stylish new model points to dramatic design of future MPVs.
Feb
22nd

RUSSIA: Daimler and GAZ sign MoU for Sprinter van production

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Daimler and the Russian commercial vehicle manufacturer GAZ have signed a memorandum of understanding in Nizhny Novgorod, Russia. The aim is to produce Mercedes-Benz Sprinter vans locally. Plans also call for local production of engines, transmissions, axles, and other components for the Sprinter and GAZ models.
Feb
22nd

JAPAN: Mitsubishi Fuso global sales increase in 2010

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Mitsubishi Fuso Truck and Bus Corporation (MFTBC) has announced its global sales (including international markets and Japan) increased 41.3% in 2010 to 140,681 units (Jan.-Dec. 2009: 99,543 units).
Feb
22nd

We drive Jag legend to celebrate 50 years of E-Type

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To celebrate the 50th anniversary of the E-Type's debut at Geneva, we head to Coventry to drive the original show car - how does it shape up?
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