Kia's new Soul supermini, on sale from February, will boost the company's 2009 UK sales to around 33,000, a respectable increase from the 31,500 it will sell this year, managing director Paul Philpott said.
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General Motors Europe and energy supplier Iberdrola have agreed a feasibility study for recharging networks in Spain and the UK for plug-in electric cars.
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German drivetrain specialist ZF Friedrichshafen says that an alarming number of its suppliers heading toward financial trouble as a result of the global financial crisis.
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Suppliers say that projects have been canceled because of the economic crisis.
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Schaeffler Group said it was still confident it would receive swift regulatory approval to buy German car parts giant Continental, brushing off speculation it may be trying to delay the process.
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Think automaker collapse and you probably think a huge hit for jobs in states like Michigan and Ohio but a report out yesterday showed just how much wider the effect could be.
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Hyundai thinks its new i20 small car will be the Korean automaker's biggest seller ever in Europe. The car, which goes on sale in January, replaces the Getz small car, which has sold more than 500,000 units since its launch in 2002.
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Sweden's automakers have reacted positively to their government's plans to provide up to 25 billion kronor (2.36 billion euros) in credit guarantees and emergency loans.
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Sweden will provide up to 25 billion kronor ($3.1 billion) in credit guarantees and loans to its ailing auto industry but has no plans to buy stakes in Volvo or Saab, its government said on Thursday.
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Although the electrically-assisted steering market is relatively small in North America, manufacturers say this market will grow. Demand on both sides of the Atlantic is being fuelled by a range of factors, not least that electric systems are more economical to run, lighter, recyclable and easier to package and install compared to conventional hydraulic systems. Matthew Beecham talked with Charlie Cregeur, director, global steering product planning for TRW Automotive's chassis division to find out how the steering market is shaping-up.
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General Motors is again allowing salaried staff and retirees to offer cars to non-employees at employee discount.
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A joint venture between Dongfeng and Nissan faces a tough challenge to hit a 2009 sales goal that is nearly three times the China market's overall projected growth rate, a Nissan executive has said.
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Dongfeng Honda Automobile Co., has stopped manufacturing its existing Civic models and the new Civic models will arrive at its 4S stores by the middle of January, according to information from the company's distributors.
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Skoda India has said it will cut prices of its products by up to Rs 51,500 following a 4% reduction in Central Value Added Tax (CENVAT).
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Great Wall is planning to expand its export business in emerging markets and is now looking to Bulgaria.
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The main German automotive industry trade union, IG Metall, has proposed a seven-point programme to secure jobs and stabilise the economy.
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Foreign car brands aren't escaping the slowdown in Russia's car market that took hold last month.
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Steering specialist, Tedrive, has gone bust. The company was declared bankrupt at an Aachen court on Wednesday and insolvency proceedings have begun.
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Hyundai Motor is the latest automaker to announce production cuts in the US.
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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