Around 850 agency workers are to lose their jobs at Jaguar Land Rover (JLR).
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GM is reportedly considering dropping a number of brands, including Saab, as part of its plan to secure USD12bn in US government loans.
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The UK's auto industry trade association is today meeting the secretary of state for business, Lord Peter 'Mandy' Mandelson, to ask for urgent financial aid for the UK's automotive industry.
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Daimler will talk to its organized labor about potentially reducing working hours at four German Mercedes-Benz assembly plants from January through the end of April, the company said on Thursday.
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Honda Siel Cars India (HSCI) has decided to increase prices across its range starting January 2009 owing to the 20% depreciation of the Indian Rupee.
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Only 8% of Indians have a car, so ownership is trending at 17% a year. Or at least it was until October when receding became the fashionable thing for growth to do. Indian forecasters now say that it will shudder to a pedestrian 8% for the year. Who wouldn't settle for 8% growth right now?
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Volkswagen's premium car unit Audi was upbeat on November sales, but could delay a decision on whether to build cars in the United States, where demand has dropped sharply, its CEO said.
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PT General Motor Indonesia is laying out significant plans for next year which include new models, new retail outlets and the start of construction on a new plant.
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Daimler has said that the sale of its remaining 19.9% stake in Chrysler to Cerberus has been complicated by the 'exaggerated demands' made by Cerberus.
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Trade unions at General Motors Europe say they will fight plans to cut costs at the automaker.
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Europe's carmakers have welcomed a proposed EU aid package aimed at boosting the sagging European economy.
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The Korea Automobile Manufacturers Association (KAMA) has forecast that car sales in South Korea will decline by 8% in 2009.
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Increased revenues and sales volumes have helped Proton Holdings Berhad report a rise in second quarter profits, the Malaysian carmaker said today.
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Johnson Matthey has reported a strong first half to the year but warned that it now expected its second half performance to be behind the same period last year as the global car market contracts.
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PSA Peugeot Citroën has said it will send its 3,500 employees at the Porto Real plant, in Rio de Janeiro state, on extended vacation from December 8 through January 7.
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Get set for super-fast postal deliveries.
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AvtoVAZ is reportedly seeking a credit of up to US$1bn from state bank VEB.
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Like many in Congress, many Americans are reluctant to support a bridge loan for General Motors, Ford, and Chrysler, a recent Morpace Omnibus Study showed.
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Starting in February 2009, EuroNCAP will factor in results from a whiplash test to make it harder for carmakers to earn its best score - five stars - in adult occupant safety.
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Luxury couture brand Hermes has created the perfect car for green fashionistas. Following its take on the Bugatti Veyron, the Paris outfit has turned to the Smart ForTwo (below).
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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