Fiat plans to finish its scrutiny of Chrysler ahead of the intended alliance ahead of the 17 February US government viability plan deadline but it would be at least two years after a deal was signed before its cars were built in the US, its CEO has said.
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Renault has accepted French President Nicolas Sarkozy's demand that any carmaker expecting aid from the French government agree to maintain existing manufacturing operations in France.
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The global economic uncertainty has caused a rise in the number of registered vehicles in South Korea manufactured more than 15 years ago.
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Volkswagen has called a temporary production hiatus at a Polish plant.
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Scania's board of directors has called on its shareholders not to accept a takeover offer from German automaker Porsche, saying the bid undervalued the company.
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The automotive exhaust market has grown in importance with the emphasis that is now placed on emissions control worldwide. What was once a relatively simple product has become increasingly complex and, writes Matthew Beecham, more expensive.
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Hyundai Motor is increasing production of its recently launched compact car, the i20.
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Senior executives in several Tata Group companies are bracing themselves for a 10-15% salary cut according to an Indian newspaper report.
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First pictures of Vauxhall hatchback shows new Insignia VXR is only moments away!
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One of the most controversial designers in recent memory, Chris Bangle, is leaving BMW this month to pursue interests outside of the car business.
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Hyundai-Kia saw record sales in China in January, the firm has said.
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Door, convertible roof and driver control systems supplier Edscha has filed for insolvency for its Europe units but remains in business for now.
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GMAC Financial Services' cutbacks in retail auto financing and leasing in the fourth quarter of 2008 took a heavy toll on the company's automotive business, its quarterly results show.
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GMAC LLC said today its global automotive finance business posted a net loss of $1.31 billion in the fourth quarter and $2.07 billion for the year. That's compared with net income of $137 million for the fourth quarter of 2007 and a $1.
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Continental is reviewing all options to strengthen its equity base but current market conditions are not conducive to selling shares, a spokesman said.
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BMW Group's design head Chris Bangle is quitting "to pursue his own design-related endeavors beyond the auto industry," the German carmaker said Tuesday.
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Components supplier Denso Corporation has drastically revised its full financial year forecasts and now expects to post a JPY62bn ($US681.1m) operating loss - its first in almost 59 years - and a JPY64bn ($703.1m) net loss on sales of JPY3.12 trillion ($34.2bn).
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GM Daewoo is planning to idle its factories this month because of poor sales in January, according to a Korean news agency.
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The German new car market contracted in January by some 14% to 189,400 light vehicles. The sobering news for the sector was, however, allied to a more positive outlook as hopes that government measures to boost the sector could kick in later in the year.
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Cost of buying new set to rise - despite 30 percent fall in sales.
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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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