General Motors plans to close factories and ship some US production overseas has become a "real problem" in negotiations with auto workers on concessions, but changes in the company's business plan are possible, two US lawmakers have said.
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An Italian newspaper has reported that Fiat plans to shut two factories under a business plan submitted to the German government.
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General Motors and the Canadian Auto Workers (CAW) must reach a cost-savings deal by 31 May to qualify for a government rescue package, Canada's industry minister Tony Clement said, days after the two sides failed to meet an earlier target date.
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Mazda is to cancel a planned two-day suspension of production at its plant in Hiroshima, Japan, next month because of increased demand for new cars following the introduction of government stimulus measures in Japan, China and Europe.
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Investment bank UBS has said in a research note that it is increasingly confident 'that the proposed merger of Fiat Auto and GM Europe is gaining acceptance among politicians and unions in Germany'.
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The trend toward engine downsizing has reached Volkswagens more-affordable performance models.
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Fiat saw sales of cars and LCVs in Turkey rise 40% year-on-year in April to 10,032 to give it a market-leading 19.1% share.
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Blending V6 power with vast luggage area, Vauxhall unleashes fastest-ever carrier
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VW fans are treated special editions of the new Polo and Golf at annual GTI meet in Austria
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New plug-in Vauxhall Ampera rival set for Frankfurt debut
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Scorching R version is ready for debut, with 261bhp turbo engine on tap for storming pace
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Liberty Motors, part of the Swire Group, has taken on the Skoda and Seat franchises in Taiwan, replacing Audi following Volkswagen Group´s decision to establish a wholly-owned office in the country.
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Thai vehicle sales in April fell for an 11th consecutive month, plummeting 27.4% year-on-year after further domestic political upheaval.
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Geely Automobile Holdings and its chairman are selling up to HK$1.1bn (US$141m) of shares at a discount of 4.8-8.3%, IFR Asia reported.
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Guangzhou Automobile has reached an initial agreement with Hunan Changfeng Motor to take a major stake, possibly up to 30%, in the sport utility vehicle maker, a source with knowledge of the matter has said.
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Production has resumed at utility vehicle maker Mahindra & Mahindra's Nashik plant in western India after a strike ended on Monday.
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Mercedes-Benz Rus, the Russian subsidiary of German automaker Mercedes-Benz, plans to cut prices for passenger cars and sport utility vehicles (SUVs) in Russia starting 1 June, the company said in a statement.
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The arbitration court for Russia's Nizhny Novgorod region will consider on 6 July three lawsuits against GAZ Group from its suppliers over the group's debts worth a total of 504.9m rubles, a court spokesman told Prime-Tass.
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Plug-in hybrids might not be as popular as president Obama's administration predicts, Bill Reinert, Toyota's manager for advanced technology told a National Academy of Sciences panel in Washington.
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The German government has agreed with a group of state-owned banks to provide bridging loans for General Motors' Opel/Vauxhall unit to help the carmaker maintain liquidity through the third quarter of this year, giving it more time to complete negotiations with potential new owners.
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