Investment firm Aabar is setting up vehicle and engine manufacturing plants in Algeria with five German firms, including its affiliate Daimler AG. Aabar bought a 9.1 percent stake in Daimler in March and said it would pursue joint projects.
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Kia's Focus-rival gets new family face and a low emission ECO-dynamics version
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Leonhard Fischer may be a passionate collector of modern art, but the head of RHJ International has not added to the Belgian private equity firm's gallery of assets since he joined in late 2007.
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Ford Motor Company is urging suppliers to take advantage of the auto industry's restructuring to create a more financially viable business model that will help suppliers and automakers alike when the economy recovers.
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Mark Roden has been appointed General Manager for Toyota and Lexus Fleet and Vehicle Remarketing, taking over from Richard Balshaw after his promotion to Sales Director.
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Mazda Europe says its team of finance experts is helping its dealers manage their money more effectively and 'taking the manufacturer-dealer relationship into new territory'.
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General Motors Co. came close to regaining the top spot from Toyota Motor Corp. in a shrinking global auto market during the first half, while No. 3 Volkswagen AG gained ground on both.
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Toyota Motor Corp. plans to raise its global output target for the fiscal year ending in March 2010 by three percent to 6.5 million units, the Yomiuri newspaper said, in the latest sign of a nascent recovery in auto demand.
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General Motors Co. plans to sell shares in an initial public offering before the one-year anniversary next July of its emergence from bankruptcy.
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Do you think green when you think low-emission cars? Or does blue pop to mind?
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In some ways, the Kia Soul belongs in the same group as the late Pontiac Aztek, the Honda Element and the tiny smart fortwo -- either you love or hate them. Fortunately for the fast-emerging Korean brand, the breadbox image is softened up by friendly lines and shapes that appeal to more people than you might think.
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On August 13, 2009, Volvo Cars will celebrate the 50th anniversary of its life-saving three-point standard seatbelt. The year was 1959 when the Swedish automaker delivered the first car equipped with a three-point seatbelt (a PV544 sedan) to a dealer in Kristianstad. This restraint device would go on to save thousands of lives around the world over the next fifty years.
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Michael Schumacher's manager has called a halt to production of memorabilia and merchandise celebrating the return of the seven-time world champion to formula one.
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Parallel parking a vehicle in a tight space may not be easy. Despite taking extra care and checking all mirrors, there is always the possibility of an obstacle in your path.
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Juan Pablo Montoya is doubtful whether the hype of his former rival Michael Schumacher's return to formula one will be justified.
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Among the first transporters to arrive in Valencia ahead of the European grand prix are the ones belonging to team Renault.
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The aim is that tomorrow's cars should quite simply be able to avoid accidents. Many of today's cars are already so intelligent that they alert the driver or even step in and brake the car to avoid an accident.
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Former Formula 1 driver and Le Mans 24 Hours winner Alex Wurz has revealed that Team Superfund is not bidding to take over the vacant thirteenth slot on the 2010 grid.
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In a move to help simplify the car-shopping process, eBay Motors and General Motors Company today announced the launch of a first-of-its-kind promotion that enables consumers to 'click and buy' new cars, crossovers and trucks online from participating California Chevrolet, Buick, GMC and Pontiac dealers at outstanding values. The new car shopping website - gm.ebay.com - will be available to consumers from August 11 through September 8, 2009.
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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