Hyundai Motor Company sold 1,764,254 units of which domestic & exports were 855,140 units and overseas plants, 909,114 units, worldwide in the first half of this year, a 27% increase from a year earlier.
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Visteon Corporation has had the green light for the company's fourth amended plan of reorganisation from a steering committee of the company's term loan lenders and the agent for the company's term loan facility.
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Apollo Tyres is to ramp up investments in Europe and South Africa.
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Federal-Mogul has reported strong second quarter financial results with net income up to USD49m from USD7m last year.
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Volkswagen Group's chairman Prof. Dr. Martin Winterkorn has said that the company's first half earnings are "clearly in excess of our expectations."
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Jack Roush was transferred on Wednesday evening to the Mayo Clinic in Rochester, Minn., to receive treatment for facial injures sustained in a plane crash, his company said.
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Jack Roush was still in the hospital in serious but stable condition as of Wednesday evening, his company said.
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Mitsubishi Motors Corporation has reported a 56% leap in first quarter net sales, driven by higher volumes in China and other emerging markets, which helped it narrow its losses for the period.
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The nation's second-largest dealer holding company sold 68,908 new and used vehicles during the period, up 16 percent from a year earlier. Revenue rose 17 percent to $2.7 billion.
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Honda has set what it says is an all-time record for production in Asia and China for the first six months of this year.
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Continental Corporation has posted first half earnings before interest and tax (EBIT) up more than EUR1bn (US$1.3bn) on sales of EUR12.7bn.
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Did 70.4 miles today so far, with 22 miles still to go. That would exceed the car's claimed range of 50 to 70 miles. I got around that by doing 15 miles in the morning then plugged it back in and filled it up before setting out again.
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MOTORSPORTS EDITOR MAC MORRISON: I'm quite disappointed with this Infiniti. For all of its sporting pretensions, it felt slightly better than average--at best--to me.
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Confusing? Yes, it probably is.
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Auto parts maker reported a sharp rise in quarterly profit as the global auto industry continued to recover. Net income during the second quarter rose to $49 million, up from $3 million. Revenues rose 23 percent to $1.6 billion, up from $1.3 billion.
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The auto parts maker reported a sharp rise in quarterly profit as the global auto industry continued to recover. Net income during the second quarter rose to $49 million, up from $3 million. Revenues rose 23 percent to $1.6 billion, up from $1.
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In its second recall announced today (29 July), Toyota Motor Sales (TMS) says Lexus is to voluntary recall around 39,000 2003-2007 Model Year LX 470 vehicles to address a steering shaft condition.
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In its second recall announced today (29 July), Toyota Motor Sales (TMS) says Lexus is to voluntary recall around 39,000 2003-2007 Model Year LX 470 vehicles to address a steering shaft condition. No other Toyota or Lexus vehicles are involved in the safety recall.
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Toyota Motor Sales (TMS), US says it will voluntarily recall around 373,000 2000-2004 Model Year Toyota Avalons in the US to address the possibility the vehicle's steering lock bar could break under certain conditions.
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The SMMT has reported that average new car CO2 figures continue to show the market moving in the direction of lower CO2 cars.
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With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up
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