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May
9th

BMW to raise global production capacity 27% by 2020, report says

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BMW plans to raise its annual production capacity by about 27 percent to 3 million vehicles by 2020 and plans to build its X5 offroader in China, German daily Handelsblatt reported.
May
9th

Tesla learns how to be a German automaker

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Tesla's rush to produce the Model 3 has a subplot that shows how much the company's ambitions depend on German expertise -- and why German automakers are confident they can match anything Tesla throws at them.
May
9th

Deferred Russia demand could spark sharp rebound – Autostat

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Russia's fledgling market recovery may turn into a rapid turnaround says one analyst - but only on condition several economic stars align.
May
9th

Chevy tweaks Silverado interior for 2019

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General Motors plans only minor changes to the interior of the Chevrolet Silverado as part of the redesign coming next year, according to pictures of a test vehicle being driven on Detroit-area roads recently.
May
9th

Win a Skoda Kodiaq competition – terms and conditions

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Articles 16 May, 2017
May
9th

Hertz shares slump as losses widen in CEO’s debut quarter

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Hertz lost almost twice as much as expected in the CEO's first quarter at the helm as rental prices tumbled and the company's fleet took a hit from falling used-car values.
May
9th

MMC swings to loss in FY2016

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Troubled Mitsubishi Motors Corporation (MMC) has reported that its fiscal year 2016 (year ended March 31, 2017) result was a net loss of 198.5 billion yen, compared to prior year's profit of 72.6 billion yen.
May
9th

Valeo targets China for earnings growth

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Valeo, which recently posted strong first quarter financial results, is targeting the Chinese auto sector for future growth.
May
9th

Castrol Nexcel reinvents the oil change – Q&A

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As pressures to improve air quality intensify, it is becoming harder for automakers to find new, affordable ways to improve fuel economy through established measures such as engine downsizing. Not yet high on the industry agenda but of growing importance, sustainability in fast-growing new markets must also be addressed. Continuing QUBE/just-auto's series of interviews, we spoke to Dr Oliver Taylor about a new approach to engine lubrication that could address both issues. Dr Taylor is chief engineer with Nexcel, an innovation business within BP's Castrol subsidiary.
May
9th

Mercedes Vans announces logistic operators’ support facility in Bochum

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In cooperation with sales partner Fahrzeug-Werke LUEG AG, Mercedes-Benz Van Sales Germany is starting an innovative and completely new operator programme at the parking area connected to the recently inaugurated Amazon Logistics Distribution Centre in Bochum.
May
9th

Gestamp posts Q1 net profit up 33% to EUR55m

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Gestamp has has recorded first quarter net profit up 33% to EUR55m (US$60m) with revenues rising 16.1% to EUR2.1bn (US$2.3bn).
May
9th

Volkswagen names German plant that will build EVs

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Zwickau-Mosel has been named by Volkswagen as the production location for not only its I.D. electric car but three other EVs. All will use the MEB architecture.
May
9th

In battle to recruit young auto talent, Detroit tries Silicon Valley makeover

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To lure more young talent straight out of school, Detroit is giving itself a full-on Silicon Valley makeover. Detroit remains a tough sell, given the Valley's $1 million signing bonuses and fat equity stakes in promising startups.
May
9th

GAC starts on new industrial park to boost EV business

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Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business.
May
9th

Daimler in talks to launch Facebook Connect rival for online purchases

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Daimler has joined other German firms in talks to form a European company to store personal data securely so customers can make purchases online from different outlets without punching in their details each time.
May
9th

VW shareholders urged not to absolve boards at annual meeting

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Investment advisory firm Hermes has urged VW Group shareholders not to clear the automaker's management and supervisory boards from responsibility for actions taken in 2016, citing VW's failure to resolve long-standing corporate governance and...
May
9th

China car market slips 1.7% in April

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The Chinese car market fell back by 1.4% in the month of April according to data released by the China Passenger Car Association.
May
9th

Geely takes big stake in Denmark’s Saxo Bank

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A co-founder of Denmark's Saxo Bank has agreed to sell his 26 percent stake in the company to a subsidiary of Chinese automaker Geely Holding, marking the group's first foray into financial services.
May
9th

JLR April 2017 global sales down 2.3%

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Tata Motors' UK luxury vehicle unit Jaguar Land Rover, has reported April retail sales down 2.3% year on year to 40,385 although the year to date (YTD) tally rose 9.9% to 219,894 cars in the first four months of 2017.
May
9th

Vietnam new vehicle sales decline continues in April

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New vehicle sales in Vietnam declined further in April, by 7.1% to 21,343 units from 22,977 units a year earlier, according to member data released by the Vietnam Automotive Manufacturers Association (VAMA).
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