China's Dongfeng Motor Group has said it will start production this month of its first self-developed passenger car.
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The central and eastern European market for new cars dropped by 31.8% year on year (100,526 units) in the first quarter of 2009.
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Tata Motors is urging the Thai government to relax its "eco-car " rules to take into account the current depressed market conditions.
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Bankrupt Korean SUV maker Ssangyong Motor has reported a net loss of 265.6bn won and operating loss of 125.6bn won on revenue of 233.7bn won for the first quarter of 2009.
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Ferrari has signed and import and distribution agreement for Thailand with Cavallino Motors Co Ltd, a newly established private company controlled by Chalem Yoovidhya, chairman and chief executive of Siam Winery and Red Bull UK.
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Power steering supplier China Automotive Systems has booked operating income of US$7.1m for the 2009 first quarter, up from $6.8m a year ago.
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Volkswagen announced Thursday that former Fiat S.p.A. Chief Marketing Officer Luca De Meo will start as marketing boss for its passenger car unit August 1. In January, Automotive News Europe was first to report De Meo would quit Fiat.
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Volkswagen announced Thursday that former Fiat S.p.A. Chief Marketing Officer Luca De Meo will start as marketing boss for its passenger car unit August 1. In January, Automotive News Europe was first to report De Meo would quit Fiat.
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Volkswagen announced Thursday that former Fiat S.p.A. Chief Marketing Officer Luca De Meo will start as marketing boss for its passenger car unit August 1. In January, Automotive News Europe was first to report De Meo would quit Fiat.
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Honda Motor passenger car sales in China inched up 2.9% year on year last month to 42,062 units, way behind the total market's 37.7% rise in April.
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New hatch breaks cover - just!
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New-car sales fell 12.3 percent across Europe in April, industry association ACEA said on Thursday. A total of 1.25 million cars were registered in the month. A total of 1.25 million cars were registered in the month.
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London-based Supercar expo will feature seven UK debuts and a world premiere
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ThyssenKrupp, Germany's No. 1 steelmaker and a major supplier to the auto industry, has approved a controversial restructuring plan that it said would make the company leaner and better prepared to weather the global economic crisis.
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New scrapping schemes in the U.K. and Spain could add 400,000 new-car sales in the two countries this year, says a top European Ford executive.
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German government ministers will on Thursday discuss possible bridge financing for carmaker Opel until a partner for the General Motors' unit is found, government sources said.
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German government ministers will on Thursday discuss possible bridge financing for carmaker Opel until a partner for the General Motors' unit is found, government sources said.
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The automobile industry would receive free pollution credits to make electric and advanced-technology vehicles under a compromise reached by House Democrats on a bill to cut greenhouse-gas emissions.
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Small auto parts suppliers said today that aid from federal programs hasn't filtered through to them and warned that their ranks will shrink further if they don't get help.
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New scrapping schemes in the U.K. and Spain could add 400,000 new-car sales in the two countries this year, says a top European Ford executive.
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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