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Mar
26th

CANADA: ‘Snowbird’ retiree health cost a Chrysler issue – paper

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Negotiations between Chrysler Canada and the Canadian Auto Workers include reducing an $80m healthcare bill for 'snowbird' retirees. Full story...
Mar
26th

US: Hummer offers fall short

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Three sources with direct knowledge of the sale process have said Geenral Motors' up-for-sale Hummer line does have a few offers and that active discussions are ongoing, but that a deal is still not certain. Full story...
Mar
26th

CZECH REPUBLIC: Toyota-PSA JV holds expansion for now

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The Toyota-PSA Czech car making joint venture TPCA has postponed a plan to boost production capacity to 340,000 cars this year due to the global downturn but its output should nonetheless grow slightly on higher demand for smaller cars. Full story...
Mar
26th

GM to pull Cadillac from some European markets

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General Motors Corp. will halt Cadillac sales in more than half of the brand's European markets following the collapse of its regional distributor. The U.S. Full story...
Mar
26th

GM to pull Cadillac from some European markets

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General Motors will halt Cadillac sales in more than half of the brand's European markets following the collapse of its regional distributor. The U.S. Full story...
Mar
26th

Not being flashy will help Volvo, COO says

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Volvo can use the economic crisis to win customers from German premium brands, Chief Operating Officer Steven Armstrong said. Full story...
Mar
26th

SLOVAKIA: Banger trade-in subsidy could double

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The Slovak economy ministry has proposed doubling the subsidy given to car owners who scrap old vehicles and buy new ones, potentially adding EUR33.2m to the scheme. Full story...
Mar
26th

Honda ramps up left-handed Insights to meet U.S. demand

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Honda's new Insight hybrid hatchback has been on sale barely a week in the United States. But the company's sprawling plant here is already churning out 600 a day. Full story...
Mar
26th

RUSSIA: AvtoVAZ cuts production again

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Russia's largest car manufacturer AvtoVAZ is to further cut production in the coming months, endangering its full-year targets, the daily Vedomosti reported. Full story...
Mar
26th

Honda boosts output of Insight hybrids for U.S.

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Honda's new Insight hybrid hatchback has been on sale barely a week in the United States. But the company's sprawling plant here is already churning out 600 a day. Full story...
Mar
26th

Ex-Fiat marketing chief de Meo to join VW by September, sources say

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MUNICH -- Fiat's former marketing head Luca de Meo will join Volkswagen group by September, VW sources said. Full story...
Mar
26th

First U.S. site for Smart car2go concept is Austin, Texas:

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It might be the oil-rich state, but Texas will be the first U.S. home for Daimler’s innovative, environmentally aware car2go pay-as-you-go city-transport concept. Full story...
Mar
26th

INDIA: Continental launches new tech centre

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Continental has launched a new technical centre in Bangalore and expects to invest about INR1.5bn ($US29m) every year for its operations. Full story...
Mar
26th

Q1 profits at risk due to output decline

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The steep decline in European auto production in January and February will make it nearly impossible for automakers to avoid operating losses in the first quarter. Volkswagen group already has warned it may lose money in the first quarter. Full story...
Mar
26th

INDIA: No Mitsubishi growth seen at Hindustan

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Hindustan Motors sees no growth in sales of the Mitsubishi models it imports and assembles this fiscal year and also foresees profit pressures due to foreign exchange movements. Full story...
Mar
26th

INDIA: No Nano rival plans at Maruti

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Top Indian car maker Maruti Suzuki, has no plans to enter the Nano segment, even though it expects the world's cheapest car to have a marginal impact on sales of its 800cc small car which is based on an early 1980s Alto model. Full story...
Mar
26th

UK: Seat targets sub-premium segment with Exeo

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Seat's new old-Audi-A4-based Exeo flagship, on sale here in the UK from 2 April, enters what the company is calling "a sliver of space" between the sub-premium cars like the Honda Accord and VW Passat and the volume cars such as Ford Mondeo, Peugeot 407 and Vauxhall Insignia. Full story...
Mar
26th

BELGIUM: ACEA welcomes European Parliament resolution

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The European automobile manufacturers' association ACEA has welcomed a resolution adopted by the European Parliament on the future of the automotive industry in light of the current crisis. Full story...
Mar
26th

BRAZIL: Renault recalls suspended workers

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Some 500 of the 1,000 assembly line workers at Renault do Brasil sent on compulsory paid vacations for up to four months have been summoned back to work this week. Full story...
Mar
26th

BRAZIL: Nissan starts passenger car sales

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Japanese brands' excessive caution in the Brazilian market is beginning to change. Full story...
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