Dec
10th
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Daimler has said that it has filed a request with Russian regulators to take a stake in Kamaz. Full story...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Dec
10th
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The idea that the Brazilian economy was strong enough to face the global financial and economic crisis has been proved wrong. The most visible effect was the recent, sudden domestic auto market weakness with noticeable falls of 25% both month on month and year on year in November to just 178,000 sales. Full story...
Dec
10th
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Plans by AvtoVAZ to increase sales in Western Europe appear to be achieving some success in Germany, though volumes remain small. Full story...
Dec
10th
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As the U.S. government nears a deal to save General Motors, a debate rages over whether CEO Rick Wagoner's job should be spared in the bailout. Full story...
Dec
10th
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As the U.S. government nears a deal to save General Motors, a debate rages over whether CEO Rick Wagoner's job should be spared in the bailout. Full story...
Dec
10th
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The Indonesian new vehicle market expanded by 11.5% year-on-year in November to 47,000 units, according to industry-wide wholesale estimates released by PT Toyota Astra Motor - the local distributor. If these volumes are confirmed, sales in the first eleven months of the year will have reached a record 569,293 units - more than 43% higher than in the same period of last year. Full story...
Dec
10th
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German transmission supplier Getrag is talking with unions about restructuring. Full story...
Dec
10th
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Audi's sensational V10-engined R8 has finally been unveiled, and Auto Express has the first official pictures. Full story...
Dec
10th
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The House of Repre- sentatives could vote as early as Wednesday on a $15 billion plan to bail out and restructure U.S. automakers but the initiative may face possible roadblocks in the Senate, officials said. Full story...
Dec
10th
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The House of Representatives could vote as early as Wednesday on a $15 billion plan to bail out and restructure U.S. automakers but the initiative may face possible roadblocks in the Senate, officials said. Full story...
Dec
10th
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A $15bn Detroit Three bailout deal finally agreed between the Bush White House and congressional Democrats last night is headed for a House of Representatives vote later today (10 December) and likely to be passed up to the Senate by a narrow margin. Full story...
Dec
10th
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Russia has increased import taxes on new cars to 30% from 25%. Full story...
Dec
10th
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Volkswagen's finance operations have asked for German government loan guarantees for its banks. Full story...
Dec
10th
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Japan's Suzuki Motor said on Wednesday that Chairman and Chief Executive Osamu Suzuki would double as president, returning to the post he held for more than two decades until 2000. Full story...
Dec
10th
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French industrial production posted its largest annual fall on record in October, dragged down by the struggling car industry and adding to a grim outlook for fourth quarter growth. Output fell 7. Full story...
Dec
10th
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French industrial production posted its largest annual fall on record in October, dragged down by the struggling car industry and adding to a grim outlook for fourth quarter growth. Output fell 7. Full story...
Dec
10th
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Ford Motor said on Wednesday it was still evaluating an option to sell its Volvo car unit but declined to comment on a local media report which named its China partner Changan Automobile Group as a potential buyer. Full story...
Dec
10th
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The White House and congressional Democrats on Tuesday night reached an agreement in principle on a $14 billion proposal for bailing out U.S. automakers and forcing them to restructure or fail, officials said. Full story...
Dec
10th
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The White House and congressional Democrats on Tuesday night reached an agreement in principle on a $15 billion proposal for bailing out U.S. automakers and forcing them to restructure or fail, officials said. Full story...
Dec
10th
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"Still no deal/bill" was a line emailed to Reuters by a senate republican leadership aide earlier today. It refers to the agreement congress is trying to finalize in order to avert a potentially catastrophic financial 'failure' of the 'Big 3'. Full story...