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Feb
4th

CANADA: January sales off 25%

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New light vehicle sales in Canada fell 25% year on year last month and compounded a 21% slide in December. Full story...
Feb
4th

US: Senate passes new car buyer tax breaks

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The US Senate last night voted to include a tax break for Americans buying a new car in 2009 as debate over its economic stimulus package continued. Full story...
Feb
4th

This week’s mag

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Aston's V12 Vantage, Ford's focus Coupe, Vauxhall's electric Astra, Ford Fiesta ECOnetic driven, 2010 London Motor Show axed Full story...
Feb
4th

Mercedes CLS spied

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Clearest pictures yet show second-generation CLS in a new light. Full story...
Feb
4th

Dodge Viper business has three bidders:

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The Dodge Viper’s signature characteristic--speed--does not appear to be a hallmark of its potential sale. Full story...
Feb
4th

TURKEY: Tyre JV suspends production

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Turkish tyre making joint venture Brisa will suspend production for a week from Thursday. Full story...
Feb
4th

INDIA: Automakers off to “cautious” start

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India's auto industry has made a "cautious" start to the new year after a "torrid" 2008 though the economic slowdown is still affecting sales, a local report said. Full story...
Feb
4th

INDIA: Eaton to supply truck transmissions to Tata

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Eaton has announced that it has signed a business agreement through 2014 with Tata Motors, to supply heavy duty synchronized transmissions. Full story...
Feb
4th

Leoni misses 2008 profit target

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German supplier Leoni missed its 2008 operating profit target, in part because of inventory writedowns due to falling metal prices. Full story...
Feb
4th

INDIA: Volvo truck JV’s sales plunge

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A truck joint venture between Volvo and Eicher Motors posted a large fall in sales last month, reflecting the ongoing reluctance of Indian firms to replace commercial vehicles in a flagging economy. Full story...
Feb
4th

FEATURE: Driver assistance comes of age

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Research has shown that driver error is one of the most common causes of traffic accidents. Driver assistance technologies can therefore provide a vital helping hand in times of trouble. A research report from just-auto highlights developments in this fast-moving sector. Full story...
Feb
4th

CHINA: Honda JV partner eyes own-brand vehicles

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Guangdong province will subsidise Guangzhou Automotive Industry with up to RMB1bn (US$146m) to make its own brand of vehicles as part of the central government's stimulus package for the car industry announced last month, Chinese media reported. Full story...
Feb
4th

CHINA: SAIC eyes salary cuts

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Shangahi Auto (SAIC) is reportedly planning to cut salaries of top executives as it looks to save costs in anticipation of harder times. Full story...
Feb
4th

ArvinMeritor loss deepens; dividend is suspended

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ArvinMeritor Inc. posted a nearly $1 billion net loss on impairment, tax and other charges in its first fiscal quarter with revenue dropping more 17 percent from the same period last year. Full story...
Feb
4th

ArvinMeritor loss deepens, suspends dividend

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Supplier ArvinMeritor today said it posted a net loss from continuing operations of $991 million for its fiscal first quarter that ended Dec. 28. That compared with a loss of $1 million a year earlier. Full story...
Feb
4th

ArvinMeritor loss deepens, suspends dividend

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Supplier ArvinMeritor Inc. today said it posted a net loss from continuing operations of $991 million for its fiscal first quarter that ended Dec. 28. That compared with a loss of $1 million a year earlier. Full story...
Feb
4th

ArvinMeritor loss deepens, cuts jobs

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ArvinMeritor, which makes parts for trucks and cars, posted a deeper quarterly loss on Wednesday as production dropped and it took charges related to its withdrawal from its slumping business to supply parts to passenger vehicles. Full story...
Feb
4th

CHINA: VW JV denies expansion postponed

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Volkswagen has denied a local media report and said it has no plans to delay expansion of a car manufacturing plant in south west China. Full story...
Feb
4th

EU presidency wants to boost car sales

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The Czech EU presidency has urged the European Commission to find new ways to encourage people to buy more cars. Full story...
Feb
4th

January surprise: Hyundai sales rise 14.3%

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Strong sales of the Sonata sedan and Santa Fe crossover helped Hyundai stand with only two other brands in recording higher U.S. sales in January compared with January 2008. The other two gainers were Hyundai's sister brand, Kia, and Subaru. Full story...
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