The Renault-Nissan Alliance is pushing ahead with a plan to build a factory for low-cost vehicles in Tangiers, Morocco, despite the deepening crisis in the automotive industry, a Renault spokeswoman said on Thursday.
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Ford Motor Co. will close 10 of its active North American assembly plants the week of Jan. 5 as part of a previously announced plan to curb output.
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Nissan Motor on Thursday said its Sunderland plant in north-east England had brought forward its annual Christmas shutdown.
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Valeo plans to axe 5,000 of its 54,000-strong global workforce due to the decline in vehicle production.
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BMW has lost a court action in Italy that claimed a Chinese-built SUV infringed the German premium carmaker's copyright. BMW complained that the Shuanghuan CEO large SUV is a clone of the BMW X5.
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General Motors has insisted it will roll out the Chevrolet Volt electric car by 2010, whether not it gets government loans it has said it needs to survive into next year.
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Car production in the UK fell steeply in November with further falls expected next year, the country's trade organization said Thursday.
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General Motors has denied earlier reports it had renewed merger talks with Chrysler.
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General Motors and Chrysler have reopened merger talks after Chrysler owner Cerberus Capital Management suggested it was willing to give away part of its ownership in the auto maker, people familiar with the discussions have told the Wall Street Journal.
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It's a monster idea! Skoda confirms it will build the Yeti.
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Tata Group's Jaguar Land Rover and the UK's Department for Business, Enterprise and Regulatory Reform have refused to comment on media reports they are in secret talks over a GBP1bn (about US$1.5bn) bailout.
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The Renault-Nissan alliance has signed an agreement with Swiss utility company Energie Ouest Suisse (EOS) to promote electric vehicles in Switzerland.
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The Slovak government has confirmed that it will give Volkswagen a tax break to expand production at its Bratislava plant.
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The German government now won't decide before Christmas on loan guarantees to Opel, as it had initially suggested it would.
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A decision from the EU Commission on Schaeffler's planned takeover of Continental is due tomorrow (19 December) but reports now suggest that Schaeffler chief executive Jürgen Geißinger plans to oust Continental chief Hubertus von Grünberg.
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Chrysler is to idle all manufacturing operations in the US, Canada and Mexico from 19 December to 19 January, citing "the continued lack of consumer credit for the American car buyer and the resulting dramatic impact it has had on overall industry sales in the United States".
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Canadian auto parts maker Magna International will spend 3 billion rubles ($108.7 million) building a factory in St. Petersburg by 2011, the city administration said on Wednesday.
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Hard pressed car maker Subaru will unveil its brand new Legacy at this year’s Detroit Motor Show.
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Turkish vehicle maker Ford Otosan will suspend production at two factories for more than three weeks due to slumping demand at home and abroad, the company said on Thursday.
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The Slovak government said on Wednesday it had approved a tax break worth up to 431 million crowns ($20.02 million) for German carmaker Volkswagen, which plans to expand production portfolio of its Slovak factory.
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