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Feb
23rd

CHINA: Beijing Auto denies Chrysler talks

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Beijing Automotive Industry on Monday said it had not talked with Chrysler about buying assets or technology. Full story...
Feb
23rd

FEATURE: Download, install and drive – the future of automotive software

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Computers, mobile phones and other electronic devices regularly download software updates to keep obsolescence at bay. That's not the norm for cars. But that could change thanks to an automotive software architecture developed by European researchers to keep vehicles up to date with the latest technology. Full story...
Feb
23rd

Takanobu Ito named Honda CEO, brings focus on RandD

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Takanobu Ito, head of global automotive operations at Honda Motor Co., has been tapped as the carmaker's next president and CEO starting in June as the company grapples with global sales declines and a strong yen. Full story...
Feb
21st

Ring Automotive RBA3 and RBA4 Battery Monitors – tested

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Stay in charge with battery monitors Full story...
Feb
20th

US: TRW posts Q4 and full year losses

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TRW Automotive Holdings on Friday posted a fourth-quarter 2008 net loss of US$946m or -$9.35 per share, compared to net earnings of $56m or $0.55 per share a year before. Sales fell 27.6% to $2.8bn. Full story...
Feb
20th

TRW posts quarterly loss, says 2009 sales will fall 25%

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TRW Automotive Holdings Corp., crippled by production cuts at automakers, posted a fourth-quarter loss today after a year-earlier profit and said revenue would drop at least 25 percent this year. Full story...
Feb
20th

TRW posts $946 million loss, says sales will fall 25%

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TRW Automotive Holdings Corp., crippled by production cuts at automakers, posted a fourth-quarter loss today after a year-earlier profit and said revenue would drop at least 25 percent this year. Full story...
Feb
19th

BRAZIL: Vehicle sales turn up – distributors

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Brazilian vehicle sales in the first half of February exceeded expectations on the back of tax changes, according to Brazil's National Federation of Automotive Vehicle Distributors (Fenabrave). Full story...
Feb
19th

Group 1 posts net loss after write-downs

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Dealership group Group 1 Automotive Inc. today reported a fourth-quarter net loss of $44.5 million as it slashed expenses to keep up with deteriorating sales. The results include a $67. Full story...
Feb
19th

Conti gets customer for turbos

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Continental has a customer for its turbocharger, CEO Karl-Thomas Neumann told Automotive News Europe on the sidelines of the company's annual results press conference here. Full story...
Feb
18th

SOUTH KOREA: Hyundai-Kia restructuring overseas sales

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The Hyundai-Kia Automotive Group is preparing to restructure its overseas sales network. Full story...
Feb
18th

ITALY: Ferrari’s ‘Mille Chili’ lab aims at weight reduction

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A partly Ferrari-sponsored project called 'Mille Chili' is aiming at automotive weight reduction via a collaboration with the University of Modena and Reggio Emilia's engineering department. Full story...
Feb
17th

Penske reports quarterly loss for first time since ’98

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Penske Automotive Group Inc. posted a fourth-quarter net loss today of $510 million, the dealership group's first quarterly net loss since 1998. Most of the loss stemmed from one-time charges and adjustments. Full story...
Feb
17th

Conti pulls out of Frankfurt IAA

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To save costs, Continental will not have an exhibition stand at the IAA in Frankfurt in September. The German supplier is the second automotive company to withdraw from Europe's biggest auto show. Full story...
Feb
17th

CHINA: Hella takes over its Relay JV

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Hella has acquired all the shares of its previous Relay Joint Venture Hella Hongfa (Xiamen) Automotive Electronics Co. Ltd. (HAE) in China. Full story...
Feb
16th

SOUTH KOREA: Slowdown hits emerging market sales

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The global auto industry slowdown slowed Hyundai Kia Automotive Group's exports to emerging markets last month. Full story...
Feb
16th

BELGIUM: EC wants more info on Spain aid

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The European Commission expects more information from Spain on the country's funding package for the automotive sector before approving it, a spokesman said on Monday. Full story...
Feb
16th

EU seeks more detail on Spain auto aid

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The European Commission expects more information from Spain on the country's funding package for the automotive sector before approving it, Commission spokesman Jonathan Todd said on Monday. Full story...
Feb
16th

RESEARCH ANALYSIS: A recharged review of starter batteries

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A number of factors are shaping the lead-acid automotive starter battery market. While some are market driven, others are outside manufacturers' control. Matthew Beecham recharges just-auto's annual review of the battery market. Full story...
Feb
16th

Residuals reduced on GM, Chrysler brands

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Automotive Lease Guide is slashing projected residual values of 2009 models sold by all of Chrysler LLC's brands and half of General Motors' brands. The cuts reflect the brands' uncertain futures, the guide company says. Full story...
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