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Volkswagen to build two new factories in China

Volkswagen to Build Two New Plants in China
Volkswagen continues its quest to become the world's largest automaker with announcement of two new plants in China. The factories will each have the capacity to produce 300,000 vehicles annually. One will be in the eastern part of the country and one will southern China.
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Daimler's robust Q1 underwhelms hopeful market

Daimler posted robust quarterly results that underwhelmed investors whose expectations had been inflated by recent stellar reports by peers such as Volkswagen and truck maker Volvo .
Former UBS banker Bradley Birkenfeld runs into the Federal Courthouse in Ft Lauderdale

2011 New York auto show live pictures

The New York auto show happens at the end of the international auto show season, is fairly small, and above all was over-shadowed by the Shanghai International Auto Show this year. Consequently, there were few surprises and big global debuts. During the first day, updates for several small cars were revealed, and more efficient engines entered the mix.
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China premium car market prize worth the hurdles

Luxury car makers that have learned the ropes in the familiar markets of Europe and the United States are having to adapt to new ways in China, but with the market expected to boom, they have little choice but to get on board.
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VW recalls about 71,000 Jettas for wiring issue

Volkswagen AG's U.S. unit recalled more than 71,000 Jetta sedans due to a defect in the wiring system controlling the car horn that can cause the car to stall, a company spokeswoman said on Monday.
GM eyes doubling of China sales by 2015

GM blazes trail of small car exports from China

Flush from heady sales in the world's largest auto market, foreign car makers now see China as a launch pad for exports, with General Motors (GM.N) (GM) blazing the trail with shipments of its Chevy Sail.
China's SAIC shares to remain suspended next week

China's SAIC shares to remain suspended next week

Trading in the shares of SAIC Motor Corp, China's top car maker, will remain suspended for another five working days from Monday, the company said in a filing with the Shanghai Stock Exchange on Friday.
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GM Brazil chief quits amid tumble in market share

The head of General Motors Co's (GM.N) Brazilian unit, Denise Johnson, has stepped down after just eight months on the job, the company said. Johnson's resignation, announced on Tuesday, comes amid a decline in GM's market share in Brazil.
VW, PSA to invest $1.5 bln in south China-Xinhua

VW, PSA to invest $1.5 bln in south China-Xinhua

Volkswagen AG (VOWG.DE), PSA Peugeot-Citroen (PEUP.PA) and other automakers will invest more than 10 billion yuan ($1.52 billion) in manufacturing capacity in China's Guangdong province this year, Chinese state media reported on Sunday.
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Darth Vader commercial in Super Bowl (VIDEO)

Volkswagen USA has called on the Dark Side for help selling its cars. In a commercial which aired in the Super Bowl on Sunday, a young child wearing a Darth Vader costume from the Star Wars movie is shown attempting to use the “Force” on various household items to no avail.
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Is Diesel engine better than petrol version?

Diesel-engine vehicles are a better value compared to vehicles with gasoline engines because of their lower operating costs and higher resale value over time, according to a new study released by Carnegie Mellon University.

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