Karl-Thomas Neumann, ousted as chief executive of Continental, is rejoining Volkswagen as head of a new unit responsible for developing electric mobility.
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PSA Peugeot Citroën said it has revised its 2009 forecasts significantly upwards due to the recent improvement in the automobile market and the ongoing success of new Peugeot and Citroën models.
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BMW is to invest CNY5 bn (USD732m) to expand production capacity in China with its local partner, Brilliance Auto Group.
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As elsewhere in the region, the Egyptian auto market was heavily hit by the impact of the global economic recession in the first half of 2009. Sales of vehicles dramatically dropped by just over a third in H109 compared to the same period in 2008, according to research by Business Monitor International (BMI).
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The man behind the legendary game joins us at the Nürburgring to see if he can cut it as a bona-fide racer!
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The man behind the legendary game joins us at the Nürburgring to see if he can cut it as a bona-fide racer!
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Hyundai Motor Group, South Korea's top carmaker, said on Thursday it expects car sales in China this year to jump 83 percent from 2008, led by new models and the country's wave of economic stimulus measures that have spurred demand in the country.
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Buick will show its new sports sedan, the 2011 Regal, to potential sports-sedan customers in Los Angeles on Thursday.
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GM has said that it plans to release its third quarter 2009 preliminary results on Monday, November 16 - its first set of financial results since its emergence from bankruptcy in the US as 'New GM'.
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Nissan is expected to return to profitability in its current financial year and hopes to maintain the improved earnings momentum into 2010, CEO Carolos Ghson said.
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PSA raised its full-year outlook on the back of an improvement in the auto market and the success of models such as the Citroen C4 Picasso.
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Dana says it has developed a 'long heat exchanger' designed to extend battery life in hybrid and electric vehicles.
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BMW and Brilliance China Automotive Holdings will invest $735 million to expand their capacity in the fast-growing Chinese market. They will start construction on a second 100,000-unit plant in China next year.
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BMW and Brilliance China Automotive Holdings will invest $735 million to expand their capacity in the fast-growing Chinese market. They will start construction on a second 100,000-unit plant in China next year.
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BMW and Brilliance China Automotive Holdings will invest $735 million to expand their capacity in the fast-growing Chinese market. They will start construction on a second 100,000-unit plant in China next year.
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The Philippine vehicle market expanded by 20.1% in October to 12,761 units, compared with weak year-earlier volumes of 10,860 units, according to the Chamber of Automotive Manufacturers of the Philippines Inc. (Campi).
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China's vehicle sales can be expected to grow 10 percent in 2010 if the government maintains tax incentives to boost consumption, a senior official with the country's auto industry association said on Thursday.
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Can Buick capitalize on its performance history from over a generation ago? That's the intent of the 2011 Regal, a German-assembled, front-drive sedan that is essentially a rebadged five-passenger Opel Insignia. U.S.
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VW CEO Martin Winterkorn thinks the company has found the right person to lead its work in electric mobility. VW has picked former Continental CEO Karl-Thomas Neumann for a new role of group chief officer for electric traction.
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