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Renault-Nissan raising production capacity in India

Automotive World — Tue, 21 May 2013 16:19:35 +0000

The Renault-Nissan Alliance has confirmed that it is expanding its production capacity at the Renault Nissan Automotive India (RNAIPL) plant in Oragadam near Chennai in Tamil Nadu, southern India. Renault’s line-up in India comprises five models, while Nissan sells six models in the country. The alliance’s manufacturing facility in India currently … This article is available only to members of Automotive World. If you are already a member, please login to your account. Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars. Next steps Join Contact us

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Venezuela receives first batch of Ladas

Automotive World — Tue, 21 May 2013 12:38:34 +0000

Following the April 2010 deal between AvtoVAZ and the government of Venezuela, the Russian OEM has delivered the first batch of 450 Lada branded cars to Venezuela. The models to be sold in Venezuela include the Kalina, Priora and 4×4 Niva units, reports RIA Novosti. The agreement signed in April … This article is available only to members of Automotive World. If you are already a member, please login to your account. Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars. Next steps Join Contact us

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Mercedes strike ends but Numsa far from happy

Automotive World — Tue, 21 May 2013 12:26:07 +0000

Strike action at the Mercedes-Benz plant in East London, South Africa, was brought to a halt after just two days but the National Union of Metalworkers of South African (Numsa) is far from content with the current situation. The strike – the first at the plant in 24 years – … This article is available only to members of Automotive World. If you are already a member, please login to your account. Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars. Next steps Join Contact us

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Haldex launches further SEK 250m streamlining programme

Automotive World — Tue, 21 May 2013 12:12:27 +0000

Just over a year after announcing a new functional organisational structure, commercial vehicle components and systems supplier Haldex has detailed a new SEK 250m (US$37.4m) restructuring programme, which includes cash costs of around SEK 150m and asset write-downs of SEK 98m. The company estimates the programme will deliver annual cost … This article is available only to members of Automotive World. If you are already a member, please login to your account. Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars. Next steps Join Contact us

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G4 concept becomes Mitsubishi Attrage

Automotive World — Tue, 21 May 2013 09:36:14 +0000

Mitsubishi has announced that the production version of the G4 concept will be called the Attrage and launch in July – considerably earlier than the 2014 introduction predicted by some sources. The G4 was shown earlier this year at the Bangkok auto show. The new global compact sedan will arrive first … This article is available only to members of Automotive World. If you are already a member, please login to your account. Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars. Next steps Join Contact us

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Geely Auto aims for further overseas expansion

Automotive World — Tue, 21 May 2013 08:57:31 +0000

Speaking at the company’s recent annual shareholders’ meeting, Geely Automobile executives have delivered an upbeat assessment of the company’s performance so far in 2013 and a positive outlook for the remainder of the year. The company recently reported that its sales in April totalled 44,491, a 23% year-on-year gain and one … This article is available only to members of Automotive World. If you are already a member, please login to your account. Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars. Next steps Join Contact us

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US plug-in sales hit symbolic milestone but still shy of targets

Automotive World — Tue, 21 May 2013 08:37:15 +0000

The number of plug-in vehicles in operation in the US has passed the 100,000 mark. The landmark figure is based on sales of the latest generation of highway-capable plug-in vehicles, which began with the Nissan Leaf in 2010. Advocacy group Plug In America set up a counter on its website … This article is available only to members of Automotive World. If you are already a member, please login to your account. Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars. Next steps Join Contact us

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Bankruptcy court approves A123 Systems’ reorganisation plan

Automotive World — Tue, 21 May 2013 08:22:06 +0000

Bankrupt battery manufacturer A123 Systems has secured final approval from a bankruptcy court for the company’s reorganisation plan. A123′s plan to exit bankruptcy will see it repay creditors from the proceeds of the sale of nearly all its assets. Wilmington, Delaware Bankruptcy Court Judge Kevin Carey approved the reorganisation plan. The … This article is available only to members of Automotive World. If you are already a member, please login to your account. Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars. Next steps Join Contact us

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Toyota grabs brand value crown from BMW

Automotive World — Tue, 21 May 2013 08:15:03 +0000

Toyota has overtaken BMW in the latest BrandZ Top 100 Most Valuable Global Brands list. The rankings are based on data collected by Millward Brown and geared at demonstrating how brand building enhances a company’s financial health. Toyota led the global OEM brands in this year’s study, with a 12% improvement … This article is available only to members of Automotive World. If you are already a member, please login to your account. Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars. Next steps Join Contact us

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Hong Kong launches first all-electric taxi fleet

Automotive World — Mon, 20 May 2013 14:54:28 +0000

Chinese electric vehicle manufacturer BYD recently announced the launch of Hong Kong’s first all-electric taxi fleet. A ceremony was held at the Hong Kong Science Park to mark the launch. The electric taxi fleet comprises BYD’s e6 electric crossover sedans. A total of 45 e6 Taxis have been placed into … This article is available only to members of Automotive World. If you are already a member, please login to your account. Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars. Next steps Join Contact us

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Poor sales run to see the end of the Skoda Fabia in India

Automotive World — Mon, 20 May 2013 14:05:58 +0000

The Skoda Fabia’s continued poor run in India has resulted in Skoda Auto India considering ending production of the model from this year. The Volkswagen Group subsidiary launched the Fabia premium hatchback in India in 2008. In the financial year ended 31 March 2013, sales of this model reached a … This article is available only to members of Automotive World. If you are already a member, please login to your account. Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars. Next steps Join Contact us

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Mercedes’ South Africa workers strike over outsourcing plan

Automotive World — Mon, 20 May 2013 12:50:04 +0000

Workers at the Mercedes-Benz plant in East London, South Africa launched strike action on 17 May. According to local publication the Daily Dispatch, this is the first strike at the South Africa operations in 24 years. The OEM has said the strike is illegal and that it will go to … This article is available only to members of Automotive World. If you are already a member, please login to your account. Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars. Next steps Join Contact us

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Holden closure concerns resurface

Automotive World — Mon, 20 May 2013 12:11:10 +0000

Fears that Holden could soon be forced to close down are resurfacing following warnings by University of Adelaide Associate Professor John Spoehr. Adelaide Now reports that Spoehr, who is executive director of the Australian Workplace Innovation and Society Research Centre, sees a growing number of similarities between Holden’s situation and … This article is available only to members of Automotive World. If you are already a member, please login to your account. Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars. Next steps Join Contact us

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Nissan/MMC minicar production gets underway

Automotive World — Mon, 20 May 2013 11:07:13 +0000

Just under two years since its formation on 1 June 2011, NMKV Co, Ltd, the 50:50 joint venture between Nissan and Mitsubishi, has produced its first minicar at the latter’s Mizushima plant, with initial launch on the domestic Japanese market to take place in June 2013 using the model names … This article is available only to members of Automotive World. If you are already a member, please login to your account. Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars. Next steps Join Contact us

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Average price of imported cars in China continues to fall

Automotive World — Mon, 20 May 2013 10:56:48 +0000

Following the recent unveiling of the new Mercedes-Benz S-Class, a model that has been developed with more than a passing nod to Chinese luxury-car buyers, there is evidence that pricing conditions in this target market are tightening further. High import taxes have failed to deter significant growth in imported luxury car … This article is available only to members of Automotive World. If you are already a member, please login to your account. Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars. Next steps Join Contact us

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Toyota’s Li-ion production boost confirms NiMH’s fall from favour

Automotive World — Mon, 20 May 2013 08:46:16 +0000

Toyota is reportedly preparing a massive production increase in lithium-ion batteries for its hybrid vehicles. The Nikkei claims that the OEM and its partner Panasonic are targeting a six-fold increase in output of lithium-ion battery capacity to 200,000 units a year. Toyota and Panasonic teamed up on battery production back in … This article is available only to members of Automotive World. If you are already a member, please login to your account. Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars. Next steps Join Contact us

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Competition Commission approves merger of 3 Ashok Leyland companies

Automotive World — Mon, 20 May 2013 08:26:49 +0000

The Competition Commission of India (CCI), the country’s fair trade regulator, has approved the proposed merger of three of Ashok Leyland’s group companies into a single entity. CCI has ruled that such an amalgamation is unlikely to result in any adverse competition in India. This proposed amalgamation of the three group … This article is available only to members of Automotive World. If you are already a member, please login to your account. Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars. Next steps Join Contact us

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CGT ends four-month Aulnay strike

Automotive World — Mon, 20 May 2013 07:24:37 +0000

PSA Peugeot Citroen and the CGT union have finally reached an agreement that will see an end to strike action at the Aulnay plant near Paris. Union workers began the strike on 16 January in protest of the manufacturer’s restructuring plans, which called for the closure of the facility in … This article is available only to members of Automotive World. If you are already a member, please login to your account. Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars. Next steps Join Contact us

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Opel renews powertrain line up with new engines and transmissions

Automotive World — Mon, 20 May 2013 07:00:00 +0000

Opel has begun a programme of powertrain renewal which will bring three new engine families and 13 new engines into play powering 23 new models by 2016. In addition, there will be new five and six-speed manual gearboxes and a revised automated manual transmission. “As part of Drive! 2022”, says … This article is available only to members of Automotive World. If you are already a member, please login to your account. Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars. Next steps Join Contact us

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Main ASEAN markets post strong sales growth in April

Automotive World — Fri, 17 May 2013 15:40:06 +0000

The major markets in the ASEAN (Association of Southeast Asian Nations) region reported double-digit sales growth in April 2013, compared with the same month a year earlier. The growth in the region’s automotive market has been attributed to low interest rates and increased minimum wages. Figures released by the Federation of … This article is available only to members of Automotive World. If you are already a member, please login to your account. Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars. Next steps Join Contact us

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