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Nov
14th

AutoNation lays off head of acquisitions

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AutoNation Inc., the nation's largest auto dealership group, has laid off the chief architect of its acquisition strategy. Full story...
Nov
14th

AutoNation lays off acquisition employees

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AutoNation Inc., the nation's largest auto dealership group, has laid off the chief architect of its acquisition strategy, say sources close to the company. Full story...
Nov
14th

GM’s Opel seeks German government guarantees

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General Motors' Adam Opel unit has asked the German federal and state governments for guarantees to help it weather tough times for the automotive industry, an Opel spokesman said on Friday. Full story...
Nov
14th

US: Goodyear “disappointed” at new rating

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The Goodyear Tyre & Rubber Company has said it is "disappointed" at Standard & Poor's Ratings Services' (S&P) decision to place its credit ratings on credit watch with negative implications as part of a broader action that included 14 auto industry-related firms. Full story...
Nov
14th

JAPAN: New cat uses less precious metal

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Nissan Motor will introduce its ultra-low precious metal catalyst on the new Cube, to be launched on 19 November. The breakthrough catalyst, a claimed world first, uses half the amount of precious metals compared with conventional catalysts. Full story...
Nov
14th

BELGIUM: European car sales down 14.5% in October

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ACEA has reported that sales of new passenger cars in Europe fell by 14.5% in October confirming earlier data issued by JD Power. Full story...
Nov
14th

GERMANY: GM rules out Europe closures

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General Motors European chief has said the company would not close any factories on this side of the Atlantic "unless an asteroid hits the earth". Full story...
Nov
14th

GERMANY: Schaeffler expects EU approval for Conti deal this year

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Schaeffler plans to file for European Commission approval to take over Continental AG on by the end of this week and expects Brussels to approve the deal by the end of the year. Full story...
Nov
14th

GERMANY: Daimler mulls shorter hours

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The head of Daimler, Dieter Zetsche, has said he is mulling shorter working hours to deal with weaker demand. Full story...
Nov
14th

CHINA: Honda plant hits milestone as markets change

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The Sino-Japanese joint venture Honda Motor (China) Investment Company has now exported 100,000 Jazz (Fit) cars to over 20 countries in Europe, allowing cars made in China to penetrate the European market which has the strictest quality requirements, and has won a reputation for products made in China. Full story...
Nov
14th

THE WEEK THAT WAS: A bit of good news, for once

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Perchance a glimmer of hope amongst the gloom? Full story...
Nov
14th

Schaeffler sees EU approval for Conti deal by end of year

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Privately held bearings maker Schaeffler plans to file for European Commission approval to take over German auto parts maker Continental on Friday and expects Brussels to clear the deal by year end. Full story...
Nov
14th

JAPAN: Nissan cuts more domestic output

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Nissan Motor on Friday announced a production cut of another 72,000 units on top of its half-year announcement of 65,000 units in Japan as part of a 200,000-unit global output cut. Full story...
Nov
14th

US: Doubts grow over US auto bailout as EU makes threats

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Doubts grew in the US yesterday about the chances of an additional US$25bn rescue of the Detroit 'big three' automakers, analysts said GM alone needs up to $30bn in aid and the EU today threatened to complain about any 'illegal' aid to the World Trade Organisation. Full story...
Nov
14th

Porsche says not interested in buying Conti stake

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German carmaker Porsche denied market talk on Friday it could be interested in buying a stake in German automotive supplier Continental. Full story...
Nov
14th

Dealer ‘misfuel’ leaves BMW worse for wear

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Owner Simon is worried about his 330d’s health after garage fuel mix-up. Full story...
Nov
14th

Battery cars’ metal shortage threat

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Just as electric cars are taking off, experts have revealed the raw materials for making the batteries might run out. Full story...
Nov
14th

Lambo in festive mood

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Is it Christmas already? It must be, because Lamborghini has launched a new range of seasonal decorations! Full story...
Nov
14th

Click to style a Caterham

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Fans can log on to take part in design of next two-seater from British firm. Full story...
Nov
14th

BRAZIL: Sales could grow in 2009

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Respected analyst Leticia Costa, president of Booz & Co in Brazil, has conducted several studies and scenarios at the request of the union of auto parts manufacturers (Sindipeças) and advised caution but no turnaround in investments already planned for next year. Full story...
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