Jaguar Cars Ltd., which stopped reporting sales figures after being purchased by India's Tata Motors in June, said global sales rose 8 percent last year while U.S. volume fell.
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Mazda is "guardedly optimistic" about its prospects in 2009 after achieving record European sales in 2008. The Japanese carmaker increased its 2008 unit sales by 9.8 percent to 342,800 in Europe, including Russia and Turkey.
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General Motors Europe and its unions have agreed in principle on a plan that reduces working hours at all of its factories across Europe.
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DETROIT -- General Motors is likely to need a modified version of bankruptcy to restructure the last part of its debt, says Deutsche Bank Managing Director Rod Lache.
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The German government has agreed to scrapping incentives for owners of cars more than nine years old to buy new fuel efficient cars.
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Proton may enter into a collaboration with an Indian automobile firm, according to an Indian media report.
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Fiat group executive Luca De Meo will become Volkswagen group head of marketing, industry sources told Automotive News Europe.
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Ford has axed a shift at its Southampton Transit plant in southern England, citing "significantly reduced medium commercial vehicle sales across Europe" amidst union fears this may be the start of the automaker's exit from UK van production.
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PSA Peugeot-Citroen group vehicle and CKD unit sales fell 4.9% year on year in 2008 to 3,260,000 units in a global market down 5.7%.
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Germany plans to provide 1.5 billion euros to support its auto industry. The aid is part of a German government 50 billion-euro stimulus package of investments, tax relief and support for companies.
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France is likely to announce measures to boost carmakers' capital at a meeting on January 20 aimed at helping the country's battered auto industry, Economy Minister Christine Lagarde said on Tuesday.
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Former DaimlerChrysler and Volkswagen group board member Wolfgang Bernhard has a new job.
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Troubled Ssangyong has halted production at both its plants because of a shortage of parts. It is unclear when production may resume.
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Dacia has announced a new two-week production stoppage, between January 26 and February 8. The company blames slow orders on the back of the local new car market slump which is being intensified by used car imports.
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Sales of new passenger cars and light trucks in Slovakia rose by 16.4% to 96,897 units in Slovakia in 2008, according to data just released by the local Automotive Industry Association.
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GM has said it will cut 744 jobs at one of its Brazilian plants due to slower orders.
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Jaguar chief executive Mike O'Driscoll has warned that Jaguar and Land Rover may have to cut more jobs in response to falling car sales. He said the company is looking hard at its cost base to ensure the business structure reflects "current market realities".
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Mahindra & Mahindra (M&M) has introduced a new multi-purpose utility vehicle to the Indian market.
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Suzuki Hungary has resumed production at its plant in northern Esztergom after a five-day break due to disruption in gas flow according local newspaper Vilaggazdasag.
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Volkswagen's Concept Bluesport, one of the stars here at the Detroit show, is a Mazda MX-5 rival based on a new group platform and there's about a 70% chance of the mid-engine rear wheel drive roadster making it into production, according to VW.
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