Honda will steer clear of cooperating with rival automakers as it seeks to boost its presence in Asia, defying a resurgent trend towards tie-ups in the industry, a top executive said.
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Honda will steer clear of cooperating with rival automakers as it seeks to boost its presence in Asia, defying a resurgent trend towards tie-ups in the industry, a top executive said.
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Qatar, which already holds stakes in German automakers Porsche and Volkswagen, is eyeing further investments in Europe, Qatar's deputy prime minister said.
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Daimler AG's largest single shareholder, Aabar Investments, said on Tuesday its assets have grown to $10 billion and that it is eyeing more investments. The Abu Dhabi-listed firm has a 9.1 stake in Daimler.
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Toyota Motor Corp. lowered its output forecast for North America this year by 60,000 vehicles in the wake of its recall-driven production and sales suspension, a source at a group company said.
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Belgian union leaders have warmed to a plan by General Motors Co. to grant a stay of execution to its Opel plant in Antwerp and push through fewer job cuts than previously envisaged.
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BMW Group will supply Carbon Motors Corp. with 240,000 diesel engines, cooling and exhaust gas systems and six-speed automatic transmissions for Carbon's E7 car, designed specifically for police use.
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Toyota has lifted its global production plans by 1 percent to 7.57 million vehicles for 2010, anticipating better demand in Japan and other Asian markets, a source at a group company said.
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Toyota has lifted its global production plans by 1 percent to 7.57 million vehicles for 2010, anticipating better demand in Japan and other Asian markets, a source at a group company said.
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Nissan is in talks with Daimler to get large engines from the German firm, which may get electric cars and batteries in return.
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The March 9 crash of a Toyota Prius in New York appears to be a case of driver error, police said.
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For the 2011 model year, Toyota has further dialed up the sensibility, selection and value that have made their popular Camry a best-seller. Building on a decades-long history of reliable performance and economical operation, Camry is advancing steadily while staying true to its roots.
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Lexus announced today that the all-new CT 200h premium compact hybrid will go on sale in Canada in early 2011 as the first dedicated hybrid vehicle in the premium compact segment.
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Unique implementation of advanced technology and safety innovations has helped automobile industry newcomer LUXGEN to move under the international spotlight during a sensational international debut at the Dubai Motor show.
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Puebla (Mexico) - Coinciding with the market launch of the SLS AMG on 27 March 2010, Mercedes-AMG is presenting a GT3 variant. This racing version of the gullwing model stands out with its spectacular design and thoroughbred motor sports technology.
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More dynamic, efficient, and luxurious than ever, the new BMW X5 continues to strengthen its leading position within the four-wheel drive, premium vehicle segment. The new BMW X5 has a fresh new look and features new engines, drive trains, and thousands of new parts. The associates at BMW Manufacturing have been planning the launch of this new model for over 18 months, which involves nearly 4,000 new parts.
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Burbank, Calif. - General Motors Co. is testing a production-intent hydrogen fuel cell system that can be packaged in the space of a traditional four-cylinder engine and be ready for commercial production in 2015.
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Fuji Heavy Industries Ltd. (FHI), the maker of Subaru automobiles, today announced that it will exhibit the 2011 Impreza WRX (U.S. specifications) models at the New York International Auto Show (Press day: March 31 and April 1; Open to the public from April 2 through 11). Both 5-door and 4-door models come with the wide-body design for the first time.
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Franklin, Tenn.- Infiniti today announced that it has partnered with the world-renowned Montreal-based entertainment group, Cirque du Soleil®, to become an Official Sponsor and exclusive Automotive Partner. The sponsorship marks a first for both Infiniti and Cirque du Soleil.
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Washington, D.C. - Chrysler invented the minivan 25 years ago. More than 12 million minivan sales later, Chrysler today showed off four all-electric Chrysler Town & Country minivan concepts to the U.S. Postal Service (USPS) as part of the USPS Earth Day celebration.
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