Tata Motors Ltd., which owns Jaguar and Land Rover, beat forecasts as its profits more than doubled on improved margins due to cost reductions and a recovery in demand.
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Renault Samsung Motors is the country's second smallest automaker, majority owned by Renault, but, during the first nine months of this year, sold 91,222 vehicles to claim 9.4% of the local market, the third largest share after Hyundai and affiliate Kia.
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Honda Motor Co. is reviewing its entire lineup with the aim of building less expensive and more fuel-efficient vehicles, Honda CEO Takanobu Ito says.
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BMW has tied payments for management to raises its rank and file workers receive, board member and HR chief Harald Krueger told weekly Frankfurter Allgemeine Sonntagszeitung, reacting to the debate about bonus payments.
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SK Energy, South Korea's biggest oil refiner, will supply lithium-ion batteries to Daimler's Mitsubishi Fuso Truck & Bus unit.
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Magna and Sberbank have notified EU antitrust regulators of their plan to buy GM's Opel unit, the European Commission said. The commission has set a November 27 deadline for it to decide whether to approve the takeover.
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Magna on Monday moved closer to clinching its takeover of Opel with approval from Spanish plant workers as the clock ticks down to a Nov. 3 board meeting at which GM is set to decide on the deal.
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Magna today moved closer to clinching its takeover of Opel with approval from Spanish plant workers as the clock ticks down to a Nov. 3 board meeting at which GM is set to decide on the deal.
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Magna today moved closer to clinching its takeover of Opel with approval from Spanish plant workers as the clock ticks down to a Nov. 3 board meeting at which GM is set to decide on the deal.
Full story...
Magna on Monday moved closer to clinching its takeover of Opel with approval from Spanish plant workers as the clock ticks down to a Nov. 3 board meeting at which GM is set to decide on the deal.
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PSA Peugeot Citroen wants to boost its market share in Russia to 10% from 3% now, the group's CEO Philippe Varin told Vedomosti business daily on Monday.
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I was in Detroit last week and I had a number of conversations in which the subject of small cars cropped up. It's a subject that is getting considerable attention at the OEMs and major suppliers in terms of anticipating future market trends.
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I was in Detroit last week and I had a number of conversations in which the subject of small cars cropped up. It's a subject that is getting considerable attention at the OEMs and major suppliers in terms of anticipating future market trends.
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Volkswagen is expected to buy bankrupt Wilhelm Karmann, the niche vehicle producer, for considerably less than the EUR100m (US$150m) that Karmann's stakeholders want.
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Top Indian carmaker Maruti Suzuki has booked a 93% jump in quarterly profit but warned rising costs and a stronger yen could put pressure on its margins in the future.
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Twenty examples of 237bhp super hatch confirmed for UK, priced at £38,599 each
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California-based Fisker Automotive is expected to announce tomorrow (27 October) that it is buying a former GM assembly plant in the eastern state of Delaware to build its Nina plug-in electric car there from 2012.
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AvtoVAZ is gearing up for what may prove a make-or-break rescue plan as the government, state-controlled banks and Renault deliberate its future. The maker of Lada cars has racked up first-half losses of 19.4 billion rubles ($667.1 million).
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AvtoVAZ is gearing up for what may prove a make-or-break rescue plan as the government, state-controlled banks and Renault deliberate its future. The maker of Lada cars has racked up first-half losses of 19.4 billion rubles ($667.1 million).
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AvtoVAZ is gearing up for what may prove a make-or-break rescue plan as the government, state-controlled banks and Renault deliberate its future. The maker of Lada cars has racked up first-half losses of 19.4 billion rubles ($667.1 million).
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