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Jun
11th

JAPAN: New Mazda has stop-start technology

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Mazda has finally launched the redesigned Axela, sold in export markets as the 3, at home in Japan, offering improved fuel economy from new idle stop technology. Full story...
Jun
11th

Mazda could boost dealer ranks with Chrysler, GM refugees

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Mazda Motor Corp. sees an opportunity to cherry-pick prime retail locations from the ranks of dealers cut loose by Chrysler LLC and General Motors. Executive Vice President Philip Spender said Mazda has been approached by numerous U.S. Full story...
Jun
11th

Mazda wants hybrid drivetrains in 2010s

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Mazda Motor Corp., a recent convert to hybrid technologies, now says it wants to put gasoline-electric drivetrains into its lineup in the next decade. And its hybrid powertrains will be on existing models, not hybrid-only nameplates. Full story...
Jun
11th

Supplier BBi’s chief Steven Brown leaves industry

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Steven Brown, who built BBi Enterprises Group Inc. of suburban Detroit into a key supplier of automotive interior trim, thermal, and acoustic products, is leaving the auto industry. Full story...
Jun
11th

Steven Brown, who built supplier BBi, leaves industry

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Steven Brown, who built BBi Enterprises Group Inc. of suburban Detroit into a key supplier of automotive interior trim, thermal, and acoustic products, is leaving the auto industry. Full story...
Jun
11th

UK: Lebanon distributor sets up Infiniti dealers

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Three new London area dealerships for Nissan luxury car brand Infiniti will be operated by a subsidiary of the brand's distributor in Lebanon. Full story...
Jun
11th

UK: Motorexpo show opens in London

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London Motorexpo opened its doors this week for what organisers believe is a viable alternative to the traditional motor show format. Full story...
Jun
11th

CHINA: SAIC plans HK registered ‘investment firm’

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Shanghai Auto (SAIC) has announced that it has gained approval from the board to set up an investment firm in Hong Kong with registered capital of USD9.9m. Full story...
Jun
11th

UAE/GERMANY: Dubai firm eyes Conti’s French factory

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Industrial and property group MAG has submitted a letter of intent to Contintental to buy the company's strike-hit tyre factory in France where 1,120 workers have been told they will lose their jobs. Full story...
Jun
11th

GERMANY: Opel ‘still open to new investors’

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The German government is still talking to potential investors in Opel other than Magna International, Economy Minister Karl-Theodor zu Guttenberg said at a press conference in Berlin with UK Business Secretary Peter Mandelson. Full story...
Jun
11th

Peugeot 308 RC Z

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Watch out Audi TT – we've caught Peugeot's new 308 coupe testing almost undisguised!


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Jun
11th

CHINA: Antonov inks joint venture

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Transmission specialist Antonov has signed an agreement with Chong Qing Landai Industries for a joint venture to develop the TX-6 automatic transmission for start of production, planned to begin in 2011. Full story...
Jun
11th

SOUTH KOREA: Situation critical at Ssangyong

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The situation at Ssangyong Motor is reaching a critical point as union members continue their occupation of the troubled automaker's plant in Pyeongtaek, south of Seoul, the Korea Herald reported on Thursday. Full story...
Jun
11th

Germany talks to potential Opel investors, even after Magna deal

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Germany is still talking to potential investors in carmaker Opel which have not been made public, German Economy Minister Karl-Theodor zu Guttenberg said today. Since reaching a preliminary agreement with Canada's Magna International Inc. Full story...
Jun
11th

Germany talks to potential Opel investors, even after Magna deal

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Germany is still talking to potential investors in carmaker Opel which have not been made public, German Economy Minister Karl-Theodor zu Guttenberg said today. Since reaching a preliminary agreement with Canada's Magna International Inc. Full story...
Jun
11th

GM taps Swedish sports car maker as top Saab bidder, reports say

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General Motors has chosen Swedish luxury sports car maker Koenigsegg Automotive AB as the preferred bidder for the Saab brand, news reports said. Full story...
Jun
11th

Saab poised to name top bidder as GM brand paring accelerates

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General Motors' Saab brand, which has been operating under protection from creditors since February, may announce its preferred bidder this week. Full story...
Jun
11th

Saab could reveal buyer this week, report says

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General Motors' Saab brand, which has been operating under protection from creditors since February, could announce its preferred bidder this week, Bloomberg News reported today. Full story...
Jun
11th

2009 May Auto Sales: First Sign of a Thaw?

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2009 May Auto Sales: First Sign of a Thaw?
2009 May Auto Sales - Car Sales Analysis - Automobile Magazine
Traditionally, spring is a major selling season for automobiles. This year, however, the thaw has been almost imperceptible.

Traditionally, spring is a major selling season for automobiles. This year, however, the thaw has been almost imperceptible. April sales were 65% of those a year earlier; May was slightly better, reaching 66% of year-ago levels. Both figures are a tiny improvement on year-to-date sales, which so far are only 63% of 2008. So things appear to be getting slightly less bad.


Photo Gallery: 2009 May Auto Sales - Car Sales Analysis - Automobile Magazine


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Jun
11th

US: Lexus launching first hybrid-only model

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While General Motors has axed its hybrid version of the Chevy Malibu for the 2010 model year, Toyota hopes to sell about 25,000 of its new Prius-based hybrid-only Lexus HS250 model in the United States in its first year. Full story...
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