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Jun
24th

US: UAW-Ford talks continue – official

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The United Auto Workers is still talking with Ford to ensure the automaker remains competitive with domestic rivals reorganised with federal funding, a union official was quoted as saying. Full story...
Jun
24th

US: WAW-Ford talks continue – official

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The United Auto Workers is still talking with Ford to ensure the automaker remains competitive with domestic rivals reorganised with federal funding, a union official was quoted as saying. Full story...
Jun
24th

ITALY: Fiat plans temporary layoffs

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Fiat SpA is to instigate temporary lay-offs at its Termini Imerese plant in Sicily, a media report said. Full story...
Jun
24th

US: GM to complete white collar cull by October

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General Motors plans to complete a one fifth cut in its white collar work force by October, a spokesman has said. Full story...
Jun
24th

SOUTH KOREA: Hyundai exports millionth vehicle to Africa

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It has taken 33 years, but Hyundai Motor Company has said that it has loaded and sent off its one millionth vehicle bound for Africa. Full story...
Jun
24th

Porsche set to give VW stake to Qatar, sources say

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Porsche is advancing toward a deal with Qatar to give the Gulf state a shareholding in Volkswagen, a compromise that will clear the way for the car makers to merge, according to people involved in the talks. Full story...
Jun
24th

Porsche set to give Volkswagen stake to Qatar, sources say

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Porsche is advancing toward a deal with Qatar to give the Gulf state a shareholding in Volkswagen, a compromise that will clear the way for the car makers to merge, according to people involved in the talks. Full story...
Jun
24th

UK: Weak pound prompts Ford to raise prices again

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Ford has again raised its UK new vehicle prices, citing the "sustained weakness of [the pound] sterling against the euro. The hike, averaging 4%, applies to all orders received after 30 June. The automaker last raised prices as recently as 31 March. Full story...
Jun
24th

US: Denso names new North America chief

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Denso has appointed Yoshiki Sekiguchi as its president and CEO of Denso International America, the supplier's North American headquarters, effective immediately. Full story...
Jun
24th

JAPAN: Mitsubishi plant adding July production

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Mitsubishi Motors is reported to be planning to run one its Japanese plants for more days in July than was initially planned due to better than forecast sales. Full story...
Jun
24th

Uncle Sam fuels Detroit sales with big vehicle buy

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Amid its demand to Detroit to promote fuel-efficient vehicles, the U.S. government is spending $287 million to purchase more than 17,000 cars and trucks from Detroit's three automakers -- among them two types of pickups and a minivan. Full story...
Jun
24th

UK: Toyota wins funding for hybrid trial

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Toyota and EDF Energy have been awarded UK government funding to support a trial of up to 20 plug in hybrid vehicles (PHVs). Full story...
Jun
24th

Porsche Panamera carries on the Zuffenhausen tradition:

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After four years of development, countless scoop photos and a grandiose unveiling atop a skyscraper in China, we finally have the key to the 2010 Porsche Panamera in hand. Full story...
Jun
24th

Daihatsu passes reach top of key German poll

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Toyota Motor Corp. small-car subsidiary Daihatsu passed BMW and Audi on its way to top honors in customer satisfaction among German car owners, according to a J.D. Power and Associates study published Wednesday. Full story...
Jun
24th

Daihatsu passes BMW, Audi to reach top of key German poll

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Toyota Motor Corp. small-car subsidiary Daihatsu passed BMW and Audi on its way to top honors in customer satisfaction among German car owners, according to a J.D. Power and Associates study published Wednesday. Full story...
Jun
24th

US: First three automakers get government EV loans

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Ford, Nissan Motor and US electric vehicle start-up Tesla Motors have been granted low-cost US government loans to develop and build all-electric cars. Full story...
Jun
24th

RUSSIA: AvtoVAZ mulls halving workers’ hours

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Russia's largest carmaker, AvtoVAZ, may halve its work week to 20 hours from next September until February, significantly reducing the wages of its employees, a company representative told business daily Vedomosti, citing AvtoVAZ president Boris Alyoshin. Full story...
Jun
24th

COMMENT: Ghosn’s range anxiety gamble

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This looks like a week in which electric cars are going to be very much in the news - in part due to government initiatives on both sides of the Atlantic. And there are plenty of announcements being made by the OEMs to coincide with that. Nissan's yesterday about manufacturing electric plug-in vehicles - not hybrids - in the US is particularly intriguing. Full story...
Jun
24th

RUSSIA: GAZ Group to lay off 7,000 workers

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GAZ Group plans to lay off around 7,000 employees at its Nizhny Novgorod region factory in July-August, Gennady Suvorov, the region's deputy governor for social policy, told Prime-Tass. Full story...
Jun
24th

ARGENTINA: Renault plans new model, plant upgrade

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Renault plans to spend 500m pesos (US$128m) between 2009 and 2011 to modernise its Argentine plant and launch production of a new vehicle, the company said. Full story...
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