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Feb
23rd

Prototype of new Alfa Romeo Milano is spied:

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Chrysler let slip the names to two upcoming Alfa Romeo models in its survival plan submitted to Congress--and here is a look at one of them, the Milano. Full story...
Feb
23rd

Mercedes E-class coupe will cost the same as sedan version

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Mercedes-Benz will give a world debut to its E-class coupe at the Geneva auto show in March. Full story...
Feb
23rd

UK van maker LDV seeks govt. help for management buyout

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The UK van manufacturer LDV has asked the British government for emergency loans to help fund a management buyout from Russia's Gaz Group. Full story...
Feb
23rd

JAPAN: No “serious” buyer for Honda F1 team

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Honda Motor said on Monday it currently sees no serious buyer for its Formula One team though a management buy-out offer was reportedly once on the table. Full story...
Feb
23rd

JAPAN: Honda president makes way for younger man

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Honda, like Toyota, plans to have a new president from June. Full story...
Feb
23rd

JAPAN: Dealers see sales under 3m

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Sales of vehicles, excluding minivehicles, could fall below 3m in 2009, a Japanese dealer group said on Monday. Full story...
Feb
23rd

JAPAN: Toyota pares global production 20% – paper

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Toyota Motor plans to cut parent-only global automobile production by 20% in 2009 to 6.5m units as demand plunges, the Nikkei business daily said on Monday. Full story...
Feb
23rd

VW starts first short work week in 26 years

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Assembly lines at some Volkswagen plants in Germany fell silent on Monday as Europe's biggest carmaker switched to a short working week for the first time in 26 years. Full story...
Feb
23rd

SWEDEN: Wide interest shown in less optimistic Saab – reports

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Wide interest has been shown in investing in loss-making General Motors unit Saab, a top executive has said. Full story...
Feb
23rd

GERMANY: Opel readies plan as state aid row continues

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General Motors' German unit Opel will present a business plan to the German government in coming days, responding to calls to present such a plan to obtain state guarantees, as political support for state help varies. Full story...
Feb
23rd

German govt. reluctant to help Opel

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The German government distanced itself today from any commitment to Opel's future, saying it would wait for the automaker to present a business plan before considering state guarantees. Full story...
Feb
23rd

Report: Tofas keeps 2009 investment plans

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Turkish carmaker Tofas is keeping its 290 million euro ($365 million) investment plan, according to a newspaper report. Tofas is joint a venture between Italy's Fiat and Turkey's Koc Holding. Full story...
Feb
23rd

EMERGING MARKETS ANALYSIS: The plant that came in from the cold

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Hyundai's Nosovice factory in the Czech Republic is Europe's newest car plant, and takes modular assembly to a new level, as Mark 'Coolbear' Bursa discovers. Full story...
Feb
23rd

UK: LDV seeks government bridging loan

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Struggling van-maker LDV has asked the government for millions of pounds in emergency loan finance to help secure its future. Full story...
Feb
23rd

UK: Honda prices Insight from GBP15,490

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Although there were reports last week that currency and other factors had added £1,000 or so to the prices, Honda UK has nonetheless managed to pitch its new entry-level Insight hybrid SE GBP2,380 under Toyota's Prius at GBP15,490. How Toyota, with a redesigned Prius waiting in the wings will respond, remains to be seen. Full story...
Feb
23rd

Sweden says Saab needs new owner to get govt. aid

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Sweden is not prepared to consider loan guarantees to Saab unless the carmaker finds a private investor to underwrite its business plan, Industry Minister Maud Olofsson said. Full story...
Feb
23rd

Report: CEO says Saab eyed by other carmakers

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Other carmakers are among the investors who have shown interest in Saab, the brand's top executive said. Saab was granted protection from creditors by a Swedish court on Feb. 20. Full story...
Feb
23rd

TT RS unnoficially revealed!

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Leaked photos show both the Coupe and Roadster versions in full Full story...
Feb
23rd

UK: Consumer mag provokes spat over ‘socially unacceptable’ 4x4s

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A UK consumer organisation has got a reaction after an article in its magazine suggested that SUVs are becoming 'socially unacceptable'. Full story...
Feb
23rd

US: Tesla issues Model S sedan teaser pic

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Tesla Motors has issued a teaser image of its upcoming Model S sedan which will be unveiled on March 26 at the California headquarters of founder Elon Musk's other company, Space-X, which is where Tesla's design studio is located. Full story...
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