Germany has yet to decide whether it could offer financial aid for Opel if the company remains with its US parent General Motors, German finance minister Peer Steinbrueck said on Wednesday.
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State-run Beijing Automotive Industry Holdings - joint venture partner in Mercedes-Benz and Hyundai car assembly units in China - will take a minority stake in Koenigsegg as part of the Swedish luxury carmaker's purchase of Saab.
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Former BMW and Ford Premier Automotive Group executive Wolfgang Reitzle, who chairs the executive board at industrial gas supplier Linde, is to also chair partsmaker Continental's supervisory board, once approved.
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What is claimed to be the most advanced rolling road system of its kind in the UK is being built in Wales and will be capable of testing pure electric, hybrid electric as well as traditional internal combustion engine components.
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Mitsubishi's labour strife-hit plant in Venezuela, which also assembles Hyundai models, will re-start operations later this month after being shut in August.
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Sales of new passenger cars and light commercial vehicles (LCVs) in Russia decreased by 51% year-on-year in the first eight months of 2009 and by 54% in the month of August.
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Sales of Audi, BMW and Mercedes cars slipped in August but by less than during the depths of the global economic crisis, German automaker data showed.
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Here's a thought: the average wiper blade wipes the windshield over one million times in a year, and travels 800 miles in this time. Despite such wear and tear, motorists seldom replace their blades as often as they should. In running the rule over just-auto's fifth review of wiper blades and systems, Matthew Beecham discovers some novel initiatives being taken by manufactures to remind them to change their blades in case the shudder and shrieking weren't enough.
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American Honda Finance Corporation plans a five-year euro benchmark bond, according to media reports on Wednesday.
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The first in a range of high performance sports cars from McLaren has been unveiled.
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The Canadian Auto Workers union (CAW) has begun cost-cutting negotiations with Ford Canada with initial talks in Toronto last night.
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Union members at Ssangyong Motor, the country's smallest carmaker, almost brought down by a strike and violent sit-in last month, has voted to leave a progressive umbrella union.
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China's Geely Automotive said on Wednesday its parent company wants to bid for Ford's Volvo Car.
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The Hyundai Motor joint venture in China will start building their third plant in China early next year as its sales may soon exceed existing capacity, an company executive said on Wednesday.
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Renault group head Carlos Ghosn thinks the financial crisis is past though not all is rosy yet.
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Day Two of General Motors' board meeting is dawning with no real signs of that Opel Decision and even the possibility it would be deferred again.
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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