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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 .

2011 New York auto show live pictures

Former UBS banker Bradley Birkenfeld runs into the Federal Courthouse in Ft Lauderdale
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.

China premium car market prize worth the hurdles

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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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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.
A worker polishes a Fiat logo during the launch of Chrysler-s flagship showroom in Los Angeles November 16, 2010.

Brazil posts record auto sales in 2010

Automobile sales in Brazil reached record high for the fourth consecutive year in 2010, as the country is expected to witness the fastest growth in more than two decades.

Volkswagen US sales up 17 pct in Dec

Volkswagen of America, Inc. today reported that December sales marked a 17 percent increase over prior year sales for the entire line of vehicles.
SAIC to invest $1.5 bln in Nanjing to produce 1 mln units

SAIC to invest $1.5 bln in Nanjing to produce 1 mln units

Shanghai Automotive Industry Corp, a partner of Volkswagen AG and General Motors, signed a memorandum of understanding with the city government of Nanjing, capital of Jiangsu province, pledging to invest 10 billion yuan (1.5 billion U.S. dollars) for the expanded production.
Ford Figo voted 2011 Indian Car Of The Year

Ford Figo voted 2011 Indian Car Of The Year

India's best-selling compact model vehicle, Ford Figo, was awarded the Indian Car of the Year (ICOTY) 2011 title on Thursday. Now in its sixth year, the ICOTY is awarded to a new vehicle after comprehensive testing by a jury of automobile journalists in India.

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