About a year ago I asked Dr Pawan Goenka, Mahindra's automotive business head, whether he saw acquisitions as a way for Mahindra to grow its automotive presence. He was cautious in his response, preferring to emphasise the firm's organic growth efforts.
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A champion of innovation and forward-thinking, Don Panoz will unveil his latest automotive dream machine next week at a most familiar location - Le Mans, France.
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China, the world's fastest growing passenger car market, saw sales slow in May as falling stock prices eroded wealth and consumer prices rose, according to the country's Automotive Technology & Research Centre.
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Chevrolet has joined with OnStar and leading national first-responder organizations to announce the first automotive manufacturer-sponsored training program to educate first responders nationwide on electric vehicle technology.
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Fisker Automotive said today it has raised $189 million, enabling the California startup to launch its plug-in hybrid sports car this year.
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Ford Motor Co. plans to kill the 71-year-old Mercury brand slowly by starving it of product, two sources tell Automotive News. Ford leaders plan to propose eliminating Mercury to the board of directors in July.
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The automotive safety bill progressing through Congress in the wake of Toyota Motor Corp.'s historic recalls could lead to major cost implications for certain suppliers if federal regulators seek to beef up automotive 'black boxes.'
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Fisker Automotive said today it has raised $189 million, enabling the California startup to launch its plug-in hybrid sports car this year.
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Fisker Automotive said today it has raised $189 million, enabling the California startup to launch its plug-in hybrid sports car this year.
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Brilliance China Automotive Holdings has said it expects to post a "very satisfying" profit this year on strong demand for cars produced by its joint venture with BMW.
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A UK representative automotive body has called for public investment totalling GBP20m (US$29.1m) as well as vocal backing to be maintained for the industry ahead of the impending spending review.
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Government support of the UK Automotive Council will be key to reshaping the industry as it emerges from recession, the Society of Motor Manufacturers and Traders (SMMT) has said.
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Brilliance China Automotive Holdings Ltd., the local partner of BMW AG and Toyota Motor Corp., expects to return to profit this year as demand for luxury cars accelerates, Chairman Wu Xiaoan said
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Cooper-Standard Holdings Inc emerged from a 10-month bankruptcy during which the maker of automotive systems shed $650 million of debt.
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Volkswagen is the first automaker to develop a digital customer magazine as an app specially for the iPad. The innovative digital product which goes by the name of DAS. lines up in good time for the launch of the new Apple product in Europe. The title stands for "Digital Automotive Space". The magazine will be published quarterly in five languages and will be accessible throughout Europe.
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Cooper-Standard Holdings Inc emerged from a 10-month bankruptcy during which the maker of automotive systems shed $650 million of debt.
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Hendrick Automotive Group, the nation's seventh-largest dealership group, soon will have a former banker at the helm. Hendrick has hired Edward Brown III, a retired Bank of America executive, as CFO.
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UK-based automotive transmission technology development firm Torotrak has reported a small after tax profit for the year ended March 31.
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Electric carmaker Fisker Automotive will build about 100 Karma plug-in hybrid cars this year through Valmet, with production ramping up next year, a major investor in the firm said this week.
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Electric car maker Fisker Automotive will build about 100 Karma plug-in hybrids this year through Finland-based contract manufacturer Valmet Automotive, with production ramping up next year, a major investor in the firm said.
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