The Renault-Nissan alliance wants to win 10 percent of the car market in China and the United States, Carlos Ghosn, chief executive of both Renault and Nissan, said in an interview with a French magazine.
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ASSOCIATE EDITOR JONATHAN WONG: A few months ago, I raved about this car with a five-speed automatic transmission. Now, after a couple of nights in this six-speed manual example, I'm even more sold on the Forte Koup SX.
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Toyota will resume construction on its mothballed plant in Mississippi and begin producing the Corolla there late next year.
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The arrival of Chinese brands in Brazil has been rather slow, although watched with interest due to the size and industrial strength of the world's most populous country. China is experiencing explosive growth in its automotive sector and, in 2009 produced 14m vehicles, a total no other country has ever reached in one year. Smaller automakers started slowly here three years ago as Chana, Change, Hafei and Jinbei looked first for opportunities in the light commercial segment.
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Japanese automaker is slashing by $500 million the amount it will spend to finish the mothballed plant. Corolla output would mark another shift for the project, with an original price tag of $1.3 billion.
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GM's decision to withdraw all loan guarantee applications for its Opel/Vauxhall operations in Europe has been welcomed by the UK government.
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The VW group is expanding in South Africa as part of its Strategy 2018. Following investment totalling around EUR500m (US$600m) there over the last four years, the company has announced a further EUR50m (US$60m) on modernising and expanding the press shop at its plant in Uitenhage, near Port Elizabeth. It has also opened a new EUR23m (US$27.6m) distribution centre near Pretoria.
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Mercury axed, Mazda and Volvo gone. Alan Mulally's One Ford is almost a reality. But some links may be harder to untangle, writes Mark Bursa
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Volkswagen expects to significantly exceed last year's profits due to strong demand for group models in key markets western Europe, China and North America.
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Choosing to resurrect founding father Gottlieb Daimler's maxim 'The best or nothing' heralds the start of a marketing offensive to reassert its brand in the face of pressure from Audi and BMW. Guy Bird caught up with Dr Joachim Schmidt, executive VP of sales and marketing, to ask the 61-year old what he thinks the Mercedes brand should now stand for, the new product that will attract younger customers to help expand from about one million sales in 2009 to 1.5m by 2015 and whether Mercedes could, or even should, ever be 'sexy'.
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Saab will return to marketing this weekend with a blitz for the 9-5 model and may eliminate one-tenth of its dealers to reduce costs.
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New vehicle sales in Thailand increased by 53.4% to 62,205 units in May, compared with 40,539 units a year earlier, according to data gathered by Toyota Motor Thailand. Buyers seemingly have been unaffected by the political unrest which culminated in widespread rioting in and around Bangkok last month.
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Fiat's largest union has denounced as "illegitimate and unacceptable" an agreement signed by the automaker's other labour representatives.
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Replacing the Mercedes CL, first official pictures of the new S-Class Coupe have been leaked on the Internet.
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A new 4.4-litre turbodiesel V8 engine aimed primarily at European customers is the main new feature of the 2011 Range Rover line which also gets minor styling, drivetrain and equipment upgrades.
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British car production rose an annual 54 percent in May, the Society of Motor Manufacturers and Traders said. The industry body said the recovery in UK vehicle and engine production continued for the seventh consecutive month.
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Meet the Polo with a little off-road attitude!
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Don't count out the V8 as a powerplant for the future.
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Sensational concept car brings 1920s supercharged Bentley bang up to date
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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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