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Nov
4th

UK: SMMT sees UK sales up 1.5% to 2.026m

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October UK new car sales were off 22.2% but the year to date tally was up 4.8% to 1,767,154, the Society of Motor Manufacturers and Traders (SMMT) said. Full story...
Nov
4th

SOUTH AFRICA: Oct vehicle market up 22.2%

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New vehicle sales in South Africa increased by 22.2% in October over the previous year according to data released by trade association Naamsa. Full story...
Nov
4th

GM execs will use private charters for IPO road show

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General Motors Co. executives will use some charter flights on trips over the next few weeks to meet with prospective investors in the automaker's upcoming public stock offering, GM said Wednesday. GM, Chrysler and Ford Motor Co. Full story...
Nov
4th

US: CVG profit returns in third quarter

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Commercial Vehicle Group was back in the black in the third quarter, booking operating income of $5.1m compared to an operating loss of $7.8m for the third quarter of 2009. Full story...
Nov
4th

JAPAN: 200,000 car sales would offset Y10 $ fall – Honda CFO

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Honda Motor would need to raise global car sales by about 200,000 units to offset a JPY10 fall in the US dollar, its chief financial officer said. Full story...
Nov
4th

2010 Bentley Series 51 Continental GT Speed, an AW Drivers Log:

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EDITOR WES RAYNAL: The Series 51 is Bentley's way to order your Bentley any way you want it. According to Bentley, it's called the 51 because the automaker's styling department was created in 1951. Full story...
Nov
4th

UK: Car market down 22% in October

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The UK car market declined by 22% over last year in October to 131,495 units, continuing a weakening trend in car demand. Full story...
Nov
4th

SEMA: Customizers team up to create a Mustang for charity:

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SEMA is about glitz and glam, outrageousness and excess, but a unique Mustang shown on Wednesday takes all of that and channels it for charity. Full story...
Nov
4th

SEMA: Barry’s back–Meguiar returns to Vegas in good health and high spirits:

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Looking tan and rested, Barry Meguiar was back at SEMA this year with his trademark enthusiasm and a prominent display for his Car Crazy TV show. Full story...
Nov
4th

US: Dana appoints interim chief following CEO resignation

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Dana Holding Corporation today (4 November) announced James Sweetnam, president and CEO has resigned by what the company says is mutual agreement with Dana's board of directors. Full story...
Nov
4th

SEMA: Mazda flexes its track and street muscles:

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Mazda's racing antics were evident at its booth during the SEMA show with a race-prepped Mazda 2 and Mazda 3 joining a Grand-Am GT RX-8 and MX-5 Cup car. Full story...
Nov
4th

Panasonic invests $30 million in Tesla Motors to develop batteries:

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Japanese electronics giant Panasonic Corp. said late Wednesday it invested $30 million in Tesla Motors Inc. to cooperate on green powertrain development. Full story...
Nov
4th

Morgan revives the Threewheeler

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Malvern firm resurrects classic Threewheeler, now with Harley Davidson power.


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Nov
4th

October 2010 Auto Sales

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October 2010 Auto Sales
October 2010 Auto Sales - Automobile Magazine
The second strong month in a row

In September, the happy news along automobile row was that the annualized sales rate was the best it had been so far this year, topping the 12-million-unit mark for the first time. In October, things were even a bit better. Two 12-million+ months in a row has auto executives hoping for a strong finish to the year. And Ford's Alan Mulally has gone on record predicting that 2011 could see 13 million new vehicles sold.


Photo Gallery: October 2010 Auto Sales - Automobile Magazine


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Nov
4th

US/JAPAN: Panasonic invests $30m in Tesla

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Electric vehicle battery maker Panasonic has invested US$30m in electric car maker Tesla which it supplies. Full story...
Nov
4th

BRAZIL: YTD sales up 8%

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New vehicle sales in Brazil in October rose year on year, as credit increases continue to fuel sales, auto dealers association Fenabrave said. Full story...
Nov
4th

JAPAN: Nissan raises expectations after good H1

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Nissan Motor has announced healthy first fiscal half and second-quarter results, boosting net income after taxes JPY199.4bn year on year to JPY208.4bn yen (US$2.34bn, EUR1.83bn), and raised its full-year forecasts. Full story...
Nov
4th

JAPAN: Honda considers hybrid production in China

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Honda Motor is considering building petrol-electric hybrid vehicles in China to expand sales by producing them locally to lower costs. Full story...
Nov
4th

CHINA: GM plans electric Chevrolet New Sail

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General Motors has started making an electric version of its popular Chevrolet New Sail in China and will roll out prototypes before the end of the year, making it the first foreign automaker to build electric cars in the world's biggest market. Full story...
Nov
4th

Honda CFO says sales in U.S., Asia will offset yen

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Honda said demand in North America and Asia's emerging markets will help offset the effect of the strong yen. Full story...
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