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China: Isuzu and Qingling Motors set up joint venture sales company

Gasgoo.com, citing a report carried by local newspaper Shanghai Securities News, says Isuzu Motors and Qingling Motors have established an equal joint venture, the Qingling-Isuzu (Chongqing) Sales Company. The two OEMs, which will each invest US$2.3m in the new firm, have signed a joint venture agreement. The sales unit will sell

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India: Audi to begin A4 assembly at Aurangabad plant

Audi says it is to invest €20m (US$29.5) to assemble the A4 sedan at Volkswagen Group‘s Aurangabad plant from year-end. The OEM recently began small-scale assembly of the A6 sedan at the same facility, with 300 cars expected to be built from kits this year. “Starting our own production is

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US: Ex-Toyota GM joins Audi of America as chief operating officer

Mark Del Rosso has been appointed as the new chief operating officer for Audi of America with immediate effect. Del Rosso succeeds Tom Del Franco, who left the company in June 2007. Del Rosso will direct sales operations, vehicle distribution, market strategy and planning, corporate sales, and certified PreOwned (CPO)

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Germany: New passenger vehicle sales fall 20% in December

New passenger vehicle sales in Germany plummeted 20% year-on-year in December to 243,000 units. Full-year 2007 figures dropped as well, falling 9% to 3,149,300 units, according to data published by the VDA automotive industry association. The poor results, a 17-year low, have been attributed to a sales tax increase early in the year. In ...

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Italy: New owner for Carrozzeria Bertone

Carrozzeria Bertone, the Italian contract manufacturer and design house, has been sold to Domenico Reviglio, though the entrepreneur has delayed by a week the announcement of his plans for the company. According to a report by Italiaspeed.com, Reviglio says he expects to retain all 1,300 workers at the firm.

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