Robert Bosch has prevented German investment company Aurelius from closing a plant owned by former Bosch subsidiary Blaupunkt in Tunis.
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Turkey's Competition Board had opened an investigation into 19 of the country's largest auto companies, including foreign firms, for alleged price-fixing since 2006, it said on Wednesday.
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Firm reveals new plug-in hybrid SUV capable of returning over 100mpg!

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Toyota on Wednesday said it would hire 1,600 temporary workers starting next month. Three weeks ago, it had said it would recruit 800.
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The Turkish government would not extend tax breaks introduced to benefit the automotive sector but was considering a possible 'cash for clunkers' programme, industry minister Nihat Ergun said on Wednesday.
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Japanese production of cars, trucks and buses in August fell 25.9% year on year to 571,787 units for the 11th straight month of decline though the rate of decline slowed for the sixth consecutive month, the Japan Automobile Manufacturers Association (JAMA) said.
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Brazil's new car prices are set to rise as a tax break expires at the end of this month, though the impact on the market is expected to be limited.
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Russian state bank VEB may get a stake in the troubled carmaker AvtoVAZ by acquiring an issue of its infrastructure bonds and converting them into equity, Kommersant business daily said on Wednesday.
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Nissan Motor's Chinese joint venture expects to boost sales almost 30% ahead of the original target to 500,000 cars this year.
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The Ukranian News Agency reports that in the January-August, LuAZ production reached 10,994 units, down by 82% over the same period of 2008.
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Saab, currently being sold by General Motors, might not get the full SKR4.3bn (US$612m) loan it has requested from the European Investment Bank (EIB), a local paper Dagens Industri said, citing an anonymous source.
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Mercedes-Benz's Brazilian commercial vehicle unit is hiring 800 new employees to work in truck and bus production at its Sao Paulo plant.
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Toyota is to recall 3.8m vehicles in the US - reportedly its largest ever recall in that market - to check for incorrectly installed or incorrect driver's floor mats that could jam the accelerator pedal. The move followed the deaths of four people earlier this month in a new Lexus dealer demonstrator apparently fitted with the wrong mats.
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Troubled IzhAvto has secured agreement with Kia for the monthly assembly of 500 Kia Spectra and 300 Kia Sorento cars at the plant in Izhevsk, Udmurtia, according to a state minister.
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Honda's CR-Z hybrid, on sale in 2010, will be the world's first sports hybrid car and the first petrol-electric vehicle to employ a six-speed transmission, according to the company. A near-production version called CR-Z Concept 2009 will be unveiled at the Tokyo show next month.
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Europe-wide government incentives to encourage consumers to buy more efficient cars should be phased out gradually, Fiat CEO Sergio Marchionne said.
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Ford's Bridgend plant in Wales has produced its 15 millionth engine following a production boost to meet increased demand for cars due to various scrappage incentive schemes across Europe.
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Today we learned that Penske Automotive Group (PAG) has decided to terminate discussions with General Motors to acquire Saturn. This is very disappointing news and comes after months of hard work by hundreds of dedicated employees and Saturn retailers who tried to make the new Saturn a reality.
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Today we learned that Penske Automotive Group (PAG) has decided to terminate discussions with General Motors to acquire Saturn. This is very disappointing news and comes after months of hard work by hundreds of dedicated employees and Saturn retailers who tried to make the new Saturn a reality.
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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