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Jan
22nd

Detroit round-up gallery

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Highlights from the US show floor, plus a Presidential debut. Full story...
Jan
22nd

Chrysler 200C

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Chrysler 200C leads green charge Full story...
Jan
22nd

BRAZIL: Fiat puts workers on forced leave

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Fiat has put some 800 workers at its main Brazilian plant on leave for 10 days to cut output and reduce growing inventory. Full story...
Jan
22nd

Next-generation Porsche 911 spied frolicking in the snow:

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The next-generation Porsche 911 is proving to be an alluring target for spy shooters, who have caught coupe and cabriolet versions undergoing snow testing in the dead of night. Full story...
Jan
22nd

RUSSIA: Ford restarts St Pete production

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Ford has said that it has resumed production at its Russian plant after a steep drop in local demand forced it to half production for a month. Full story...
Jan
22nd

GERMANY: MAN wins IPR lawsuit in China

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According to Die Welt, a Chinese court has ruled that a local busmaker must to pay MAN AG some EUR2.5m in compensation, after being found guilty of copying the design of its Starliner luxury bus. Full story...
Jan
22nd

CHINA: Skoda doubles China sales

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Skoda sold 59,284 cars in China last year, a gain of 117% on the previous year. Full story...
Jan
22nd

FAW-Volkswagen suspends China expansion plans

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Due to worsening economic conditions, FAW-Volkswagen Automotive has postponed a plan to boost annual production capacity in Chengdu, China, to 350,000 units. Full story...
Jan
22nd

De Meo move to VW could be delayed by contractual hitch

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Former Fiat executive Luca De Meo's planned move to a top marketing job at Volkswagen group could be delayed by a non-compete clause, industry sources said. Full story...
Jan
22nd

Audi, Seat to cut production hours

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Volkswagen's Audi and Seat brands are cutting production in response to the global downturn in new-car sales. Full story...
Jan
22nd

JAPAN: Two automakers ask government for wage subsidy

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Mitsubishi Motors and Mazda have asked for Japanese government help to pay workers at plants idled due to the credit crisis. Full story...
Jan
22nd

Fiat debt levels soar, 2009 profits seen lower

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Italy's Fiat SpA, poised to take a 35 percent stake in Chrysler LLC, slashed its profit outlook for 2009 by about a third and revealed a debt pile three times its own forecasts, sending shares in Europe's sixth-biggest automaker nearly 12 percent... Full story...
Jan
22nd

ITALY: Fiat will give Chrysler up to a year

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Fiat will decide on taking another 20% of Chrysler for $25m within a year. Full story...
Jan
22nd

ITALY: Fiat-PSA merger eyed – reports

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Fiat's founding family is considering a capital increase of about EUR2bn (US$2.58bn) and a possible merger with PSA Peugeot Citroen, an Italian paper has reported. Full story...
Jan
22nd

INDIA: Tata Nano launch now set for end-Feb

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Tata plans to deliver its delayed low-cost Nano car in dealer showrooms by end-February, according to reports in India. The car was originally planned for release in India in October 2008, but that timetable was blow off course by disruption at the lead plant. Full story...
Jan
22nd

ROMANIA: Car output slipped 1.3% in 2008

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Romania's auto industry manufactured 231,056 passenger cars in 2008, down by 1.3% on the previous year, according to the the Romanian Car Producers and Importers Association, APIA. Full story...
Jan
22nd

CHINA: Dongfeng aims to sell 1.4m cars in ’09

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Dongfeng has said it wants to sell 1.4m automobiles in 2009. Full story...
Jan
22nd

US: Chrysler-Fiat deal needs US loan payment

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Chrysler's proposed tie-up with Fiat depends on the American firm automaker receiving an extra $3bn emergency loan from the US government, a senior executive has said. Full story...
Jan
22nd

US: GM receives second fed loan payment

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General Motors has now received a delayed payment of a $5.4bn loan installment under emergency funding provided by the US government. Full story...
Jan
22nd

Fiat shares plunge after company cuts 2009 profit outlook

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Fiat Group reduced its profit outlook for 2009 by about a third and revealed a debt pile higher than its own forecasts, sending the company's shares nearly 12 percent lower. Full story...
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