Along with a fresh three-dimensional company logo, Citroën will reveal the first model in its revived DS (for "different spirit") range at the Geneva motor show next month.
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Along with a fresh three-dimensional company logo, Citroën will reveal the first model in its revived DS (for "different spirit") range at the Geneva motor show next month.
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While Audi's A6 allroad quattro didn't resonate in North America and ultimately was discontinued after the 2005 model year, it did enjoy mild popularity in Europe and continues to be sold there.
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Delphi Corp.'s retired salaried employees have formed an organization to fight the bankrupt supplier's decision to eliminate their health care and life insurance benefits.
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Orders for Honda's new Insight ultra fuel-efficient hybrid hatchback topped 10,000 units just 10 days after its 6 February showroom launch in Japan, the carmaker said.
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Honda Motor's China passenger car sales rose 16.8% year on year in January to 38,022 units, outperforming a 7.76% fall in the country's overall car market.
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Dongfeng Motor Group vehicle sales in January fell 19.46% year on year.
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GKN, the UK's largest auto parts supplier, will close two components factories in England.
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The European new car market is showing no signs of recovery as sales plunged 26% year on year to 954,234 units last month.
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To keep in step with Mini, Fiat will launch a convertible version of the 500 at the Geneva motor show. The 500C comes a couple months after Mini showed its own new convertible at the Detroit auto show.
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Liberty, which owns a controlling stake in satellite TV provider DirecTV Group Inc., would also receive seats on Sirius XM's board, and expects Malone and Liberty CEO Greg Maffei to join the board.
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Continental has said that Nikolai Setzer will be taking over the temporary management of its car tyre division, in addition to the position he already holds as head of the replacement business car and light truck tyre division Europe and
Africa.
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Penske Automotive Group Inc. posted a fourth-quarter net loss today of $510 million, the dealership group's first quarterly net loss since 1998. Most of the loss stemmed from one-time charges and adjustments.
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The car industry in Central and Eastern Europe and Russia is expected to recover soon from the current crisis and to suffer less than producers in Western Europe, according to a study.
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To save costs, Continental will not have an exhibition stand at the IAA in Frankfurt in September. The German supplier is the second automotive company to withdraw from Europe's biggest auto show.
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Germany's Social Democrat (SPD) party is open in principle to providing ball-bearing maker Schaeffler with state aid, chairman Franz Muentefering has said.
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Embattled Jaguar Land Rover is close to agreeing cost-cutting measures with its workers. The British carmaker, which Ford Motor sold to Tata Motors for $2.3 billion last summer, needs to reduce costs after a steep fall in its unit sales.
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Daimler has posted a net profit of EUR1.4bn on full-year 2008 revenue of EUR95.9bn versus EUR4.0bn a year previously on revenue of EUR99.4bn.
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Renault said it is looking for partners to share engine development costs. Renault already has partnerships with General Motors and Suzuki, which both buy Renault diesel engines.
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The United States is not protectionist and there is "no bias" against Italian auto giant Fiat's possible tie-up with Chrysler, US House of Representatives Speaker Nancy Pelosi has said.
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