Online automotive advertising company Autotrader.com agreed to acquire car pricing service Kelley Blue Book. Autotrader.com did not disclose the details of the deal, which is expected to close by the end of the year.
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TRW Automotive is one of the world's largest suppliers of electric steering systems. Its steering system product range includes power and manual rack and pinion steering gears, linkage systems and components, electrically-assisted steering systems, such as electrically powered hydraulic steering and electrically powered column and belt drive steering systems. The company serves the OE and aftermarket. In this interview, Matthew Beecham talked with Charlie Cregeur, director of product planning, TRW Automotive about the company's latest developments in the electric steering arena.
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Continental has established a joint venture with Huayu Automotive Systems Components (HASCO) to supply hydraulic brake systems in China. The company will be called Continental Brake Systems (Shanghai) Co., Ltd.
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German automotive supplier Continental AG plans to invest more than 500 million euros ($695.7 million) in new tire plants, the company's CEO was quoted as saying.
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After a budget-cutting campaign prompted by the credit crisis last year, Penske Automotive Group, the nation's second-largest auto retailer, plans for steady growth. The publicly held retailer has acquired three businesses operating six franchises.
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Sweden's Autoliv has acquired Delphi's 51 percent stake in Beijing Delphi Automotive Safety Productions, a joint venture that produces seat belts. With its newest acquisition, Autoliv now has 10 factories in China.
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Hyundai Motor has signed a joint venture agreement worth US$443.1m with Chinese commercial vehicle maker Sichuan Nanjun Automotive Group according to Korean reports
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Hyundai said on Friday that it had signed a 500 billion won ($443.1 million) joint venture Chinese commercial vehicle maker Sichuan Nanjun Automotive Group to expand its presence in the growing segment.
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Eaton has announced that its sales in the third quarter were USD3.6bn, 18% above the same period in 2009. Net income was USD268m, an increase of 39% on the same quarter of last year. The results included improved performance in the Truck and Automotive divisions.
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Brazil is riding the crest of a wave. The impact of the international recession of last year on Brazil was muted by an effective fiscal stimulus package which benefited the auto sector. Brazil's economy is forecast to grow by 7-8% in 2010, with the vehicle market also projected to show continued growth. Against that background, investment in new capacity is up to. We take a look at this dynamic automotive market and assess prospects.
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Jaguar Land Rover and China's SAIC Motor Corporation have joined the California-based GENIVI Alliance, an automotive and consumer electronics industry association driving the development and adoption of an open In-vehicle Infotainment (IVI) reference platform. This brings the number of OEM members to eight.
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McLaren Automotive design director Frank Stephenson was honored this weekend at the 80th anniversary of the Art Center College of Design in Pasadena, California.
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Autoliv has acquired Delphi's 51% share in the Chinese seatbelt maker Beijing Delphi Automotive Safety Products (BDS). BDS is a joint venture between Delphi and the Chinese company BHAP.
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Shanghai Automotive Industry Corporation (SAIC) boosted sales in the first nine month of this year 37% to 2.6m cars.
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McLaren Automotive design director Frank Stephenson was honored this weekend at the 80th anniversary of the Art Center College of Design in Pasadena, Calif.
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There's a strange disconnect surrounding Better Place, the company best known for its plan to extend the range of electric vehicles by relying on speedy battery swaps. Automotive executives are nearly unanimous in dismissing the idea.
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There's a strange disconnect surrounding Better Place, the company best known for its plan to extend the range of electric vehicles by relying on speedy battery swaps. Automotive executives are nearly unanimous in dismissing the idea.
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Auto dealers may know the benefits of a having a social media strategy. But how do they create one? And what are the tricks to developing one that will stick? Automotive News will provide answers on Thursday, Oct.
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Penske Automotive Group has launched a Web site allowing prospects to view vehicle inventory for all 174 of its franchises in one place and schedule service appointments online.
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