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Jul
31st

US: New Suzuki targets ‘sports sedan’ buyers

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American Suzuki Motor has launched its first in house-developed mid-size sedan - the 2010 Kizashi, also the company's first entry into the all-wheel-drive sport sedan segment. Full story...
Jul
31st

Luxury Lexus baby hatches out

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First compact hatchback from Japanese company set to debut at Frankfurt show
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Jul
31st

GOLDING’S TAKE: VW could be the Victorious World group next year

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Isn't it weird? After a decade of trying, the brand collectors have become thoroughly disheartened. Ford spins out Jaguar, Land-Rover, Mazda and Aston Martin and tries its best to bin Volvo. GM shuts brands, sells brands and tries its best to bin Saab, Vauxhall and Opel. Daimler gets rid of Chrysler Jeep and Dodge to a gullible hedge fund. Full story...
Jul
31st

GOLDING’S TAKE: VW could be the victorious world group next year

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Isn't it weird? After a decade of trying, the brand collectors have become thoroughly disheartened. Ford spins out Jaguar, Land-Rover, Mazda and Aston Martin and tries its best to bin Volvo. GM shuts brands, sells brands and tries its best to bin Saab, Vauxhall and Opel. Daimler gets rid of Chrysler Jeep and Dodge to a gullible hedge fund. Full story...
Jul
31st

US: Suzuki committed to Canadian GM JV plant

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Suzuki will remain in a joint venture with General Motors even though it has indefintely halted output at the Canadian (CAMI) plant this year, a senior executive said. Full story...
Jul
31st

AutoNation posts profit, sees improving market

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AutoNation Inc., the largest U.S. dealership group, posted its third-straight quarterly profit while forecasting an improving U.S. vehicle market after slashing inventory costs and seeing a sharp rise in July sales. Full story...
Jul
31st

US: Delphi heading out of bankruptcy at last

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Delphi has won court approval to sell its assets to its lenders and General Motors and appears on track to to emerge from Chapter 11 bankruptcy after four years. Full story...
Jul
31st

FRANCE: Michelin loses EUR122m in H1

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First half sales at tyre maker Michelin fell 13.4% to EUR7.1bn. Full story...
Jul
31st

UK: Price hikes reduce scrappage discount – consumer group

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A British consumer group has claimed that some car makers have hiked prices, offsetting the benefits to buyers of the government's car scrappage scheme, and suggested some buyers may be better off avoiding the scheme altogether by buying a 'nearly-new' vehicle. Full story...
Jul
31st

GERMANY: GM’s Opel decision ‘some way off’

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A decision by GM on whether to sell a controlling stake in Opel and Vauxhall to parts maker Magna International or investment company RHJ International is still some way off, Opel Task Force member Thomas Schaefer told Reuters. Full story...
Jul
31st

GERMANY: Continental set to lose CEO

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Continental's embattled CEO Karl-Thomas Neumann is expected to be ousted at a supervisory board meeting on 12 August. Full story...
Jul
31st

GERMANY: Audi increases cash pot

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Audi said on Friday that it now has cash reserves totaling more than EUR9.7bn (US$13.7bn), up from EUR9.3bn at the end of December. Full story...
Jul
31st

JAPAN: Toyota loss seen ’10s of billions’ lower

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Toyota Motor is likely to report a lower loss for this business year than originally forecast, a Japanese broadcaster said. Full story...
Jul
31st

Audi’s success helps fill parent VW’s war chest

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Audi's cash pile grew over the first half of the year, and now accounts for nearly 80 percent of parent Volkswagen's war chest. The premium carmaker said on Friday its net liquidity rose to more than 9.7 billion euros ($13. Full story...
Jul
31st

Audi cash pile grows as parent VW’s Porsche merger looms

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Audi's cash pile grew over the first half of the year, and now accounts for nearly 80 percent of parent Volkswagen's war chest. The premium carmaker said on Friday its net liquidity rose to more than 9.7 billion euros ($13. Full story...
Jul
31st

BMW Hybrids

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BMW set to introduce two new hybrids at Frankfurt Motor Show


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Jul
31st

Schaeffler makes new bid to sell Conti rubber unit

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Continental AG's controlling shareholder Schaeffler Group has called for a divestment of the German car parts maker's Rubber Group again, several people familiar with the matter said. Full story...
Jul
31st

Schaeffler seeks sale of Conti rubber unit, sources say

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Continental AG's controlling shareholder Schaeffler Group has called for a divestment of the German car parts maker's Rubber Group again, several people familiar with the matter said. Full story...
Jul
31st

Shaeffler seeks sale of Conti rubber unit, sources say

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Continental AG's controlling shareholder Schaeffler Group has called for a divestment of the German car parts maker's Rubber Group again, several people familiar with the matter said. Full story...
Jul
31st

Nissan EV

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Nissan show teaser for its first fully electric vehicle


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