Auto interiors and battery maker Johnson Controls Inc. said it would close an additional 10 plants and cut more jobs than planned as it expects no near-term recovery in global auto production.
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According to the National Business Daily, FAW-Toyota is likely to postpone its CNY4bn Changchun plant project due to financing problems.
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Racy new Insignia gets a 300bhp twin-turbo V6 engine and four-wheel drive

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Continental will move its next works council meeting from northern France to the Riviera because at the last one angry workers burst in and pelted managers with eggs.
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Magna International will continue to wind down its Syracuse, New York, New Process Gear plant because it would still be unsustainable even if it qualified for US government aid, according to a company memo to staff yesterday cited by a Toronto newspaper.
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Fiat CEO Sergio Marchionne confirmed today the Italian industrial group's aim to reach a trading profit exceeding 1.0 billion euros ($1.36 billion) this year despite the crisis ravaging the car industry.
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When Volkswagen hopped up a Golf back in 1976, it invented a niche that came to be known as the Hot Hatchback segment. With just 100 hp, its difficult now to think that was hot . . . but it was.
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First pictures of striking electric sports saloon are leaked onto the internet

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Russia will begin car assembly this year in its far east in a bid to wean the local market off foreign imports, deputy prime minister Igor Shuvalov announced on Thursday.
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Geely Automobile is to acquire bankrupt Australian automatic gearbox manufacturer Drivetrain Systems.
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The arrival at the US ports of Baltimore and Oxnard of 100 new European-built and specification Ford Fiestas marked the start of a very long launch for the new small cars.
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Mercedes-Benz plans to shut its production plant in East London, South Africa, for four weeks next month and for a further four weeks from the last week in May, a local newspaper reported on Friday.
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Fisker Automotive has chosen its first 27 retailers, including dealership groups led by John Bergstrom and Ron Tonkin, as part of the automaker's effort to build a boutique of low-volume green cars with price tags approaching $100,000.
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Electric car start-up Tesla Motors Inc. on Thursday unveiled its newest, lowest-cost vehicle, a family sedan the company says will go into production during the third quarter of 2011. Tesla's Model S four-door sedan will cost $49,900, after a U.S.
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Fisker Automotive has chosen its first 27 retailers, including dealership groups led by John Bergstrom and Ron Tonkin, as part of the automaker's effort to build a boutique of low-volume green cars with price tags approaching $100,000.
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Former Continental AG CEO Manfred Wennemer has joined the supervisory board at Knorr-Bremse AG. He will serve as deputy chairman of the German brake systems maker.
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Peugeot has announced plans to auction off part of its massive rare car collection in June to raise funds for future conservation efforts.
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VANCOUVER (March 27, 2009) - Acura's all-new V-6 model for its TSX sports sedan line-up will make its Canadian debut Monday, March 30, at the Vancouver International Auto Show. Scheduled to go on sale later this summer, the new 2010 TSX V-6 will be equipped with a powerful 3.5-litre V-6 engine, exclusive suspension tuning, larger diameter wheels and additional enhancements.
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Tesla has promised us a revolutionary car to say the least. Some details are more intriguing than others, and only a test drive or additional pictures will prove if there's any truth to them.
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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