Fiat UK said on Wednesday a complete overhaul of its used vehicle strategy last year had been "a massive success" with the brand reporting a 42% increase in wholesale business to dealers and trade buyers last year.
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On March 6, Crain Communications announced that Automotive News Europe, a sister publication of Automotive News, is halting publication of its twice-monthly print edition.
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French energy supplier EDF and Toyota on Wednesday announced a "large-scale demonstration" of plug-in hybrid vehicles in Strasbourg, France using an "innovative charging infrastructure".
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The German government believes that Opel and parent group General Motors have sufficient financing to continue through into April.
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A former senior Shanghai Automotive Industry Corporation executive has joined Ricardo Shanghai as vice-president for business development.
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AKT has signed deals that will see it manufacture injected moulded automotive parts in Saltillo, Mexico.
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Morgan Stanley has lowered its rating of the German car manufacturer Volkswagen to "underweight" from "equal weight". The bank also cut its target price to EUR20 from EUR28.
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BMW is sticking to the long-term targets set out in its so-called Number One strategy despite the current challenging economic times, the automaker said as it announced a fall in 2008's net profit of almost 90% on Wednesday.
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Prices of second-hand cars in India, primarily compact models, have fallen 15-20% in the last few days in what an Indian newspaper has dubbed "the Nano effect".
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Analysts remain cautious over whether recent sales rises in the key emerging auto markets of China and India signal the start of a sustained recovery after volumes plunged in the second half of last year due to the global credit crunch.
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Beijing Automotive Industry wants to buy non-core assets from Delphi, according to a Chinese report.
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New model launches are fundamental to market success in the tough economic climate, Jato Dynamics said after analysing European new car sales in February.
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Morgan Stanley downgraded preferred shares of Germany's Volkswagen to "underweight" from "equal weight," and estimated net liquidity to decline by 16 million euros a day in 2009, resulting in a modest net debt position within 18 months.
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The global economic slowdown has not stopped Plastic Omnium's emerging market expansion. The French supplier plans to boost its manufacturing presence in China, India and Russia this year.
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The global economic slowdown has not stopped Plastic Omnium's emerging market expansion. The French supplier plans to boost its manufacturing presence in China, India and Russia this year.
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Desirable drop-top model targets BMW's 3-Series Convertible with folding metal roof!
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Production of MR2 stopped in 2007; new car will be a coupé instead of roadster
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German carmaker Opel and its U.S. parent General Motors have, to the knowledge of the German government, sufficient financing to see them through into April, a junior economy minister said today.
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German carmaker Opel and its U.S. parent General Motors have, to the knowledge of the German government, sufficient financing to see them through into April, a junior economy minister said today.
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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
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