Fisker Automotive issues inaugural business update

Fisker Automotive published its first business update by announcing that revenues had exceeded $100-million in the first four months of 2012. 

The company, which began deliveries of the Fisker Karma luxury four-door electric sedan in December 2011, also revealed that

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Marc Engelen appointed as President & CEO, Volvo Cars of Canada

Marc Engelen has been appointed as President & CEO, Volvo Cars of Canada Corporation, succeeding Jeff Pugliese. Pugliese will conclude his four year term as President & CEO of Volvo Cars of Canada, returning to Volvo Cars of North America to head up the commercial

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Fiat and Mazda announce co-operation program

Fiat Group Automobiles  S.p.A. (Fiat) and Mazda Motor Corporation (Mazda) have signed a non-binding Memorandum of Understanding (MoU) for the development and manufacturing of a new roadster for the Mazda and Alfa Romeo marques based on Mazda’s next-generation

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The new Mercedes-Benz M-class sets a new benchmark among luxury SUVs in India

Mercedes-Benz India introduced the powerful, agile and luxurious new third generation M-class, sporting the Mercedes-Benz new design language, to the market. The New M-class stays true to the lineage of its predecessors and drives into the future with better fuel efficiency,

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Toyota applauds Welsh, Lancashire and Lincolnshire dealers with European Customer Satisfaction Awards

Toyota dealers at Harlech North Wales, Rochdale Lancashire and Boston Lincolnshire were awarded with the top honours at Toyota’s ‘Ichiban’ European Customer Satisfaction Award event at National Assembly Building in Budapest.

Harlech Toyota,

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JLR commits extra £1-billion to UK suppliers – and creates 300 jobs

Jaguar Land Rover (JLR) is to spend an additional £1-billion with UK suppliers over the next four years amid continued global demand for the Range Rover Evoque.

JLR has increased the value of UK supply contracts by £1-billion, in addition to the £2-billion supply

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BMW Financial Services steps up Investment in India

The BMW Group has increased its investment in BMW Financial Services India to Rs. 5.3-billion (US$ 106-million) in 2012 from Rs. 2.3-billion (US$ 50-million) in 2010.

"In less than two years, BMW Financial Services India has successfully established itself as the

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Ford Credit earns $295-million net income in the first quarter of 2012

Ford Motor Credit Company reported net income of $295-million in the first quarter of 2012, compared with $451-million a year earlier. On a pre-tax basis, Ford Credit earned $452-million in the first quarter, compared with $713-million in the previous year. The decrease

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Chrysler Group first quarter 2012 net income more than quadrupled to $473-million

Chrysler Group LLC reported preliminary net income of $473-million for the first quarter of 2012, up more than 300 per cent from $116-million a year ago, driven primarily by its 40 per cent increase in US retail sales.

“Another positive quarter – built on sales gains

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Zipcar appoints Ciara Smyth as Executive Vice-President of Human Resources

Zipcar, Inc. announced the appointment of Ciara Smyth as its EVP of Human Resources. In this role, Smyth will be based in Zipcar's Cambridge, Mass. office and will oversee global talent programs and policies at Zipcar. She will report directly to Scott

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Toyota named one of DiversityInc's Top 50 Companies for Diversity for the 6th consecutive year

Toyota has been named one of DiversityInc's Top 50 Companies for Diversity, finishing 41st overall in the publication's 12th annual survey.

Toyota’s 2012 inclusion marks the sixth

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Ford Motor Company and Dana Holding Corporation recognised for unique technology

Ford Motor Company and Dana Holding Corporation were honored this week with the 2012 Automotive News PACE Innovative Partnership Award. Ford and Dana were recognised for collaborating and bringing to market Dana’s new line of Long active and passive warm-up technology.

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Volvo Car Corporation signs MoU on strategic partnership with China Development Bank Corporation

Volvo Car Corporation and China Development Bank Corporation announced the signing of a Memorandum of Understanding (MoU) for a strategic partnership. Under the intent of the MoU, the parties will evaluate a possible cooperation related to China

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Citroen DS line success; 200,000 sales in two years

Just two years after its launch, the three-model DS line - consisting of DS3, DS4 and DS5 - has already sold over 200,000 examples worldwide, with 25,000 sales in the UK alone.

To celebrate the occasion, Citroen recently visited 10 cities across the UK with a selection

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Ford China sells 121,393 vehicles in Q1

Ford China sold 121,393 wholesale vehicles in the first quarter, compared to 140,566 sold from January to March in 2011. In March, Ford China sold 49,439 wholesale vehicles, compared to 55,292 vehicles in March 2011.

“Ford’s aggressive plans in China are

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Russia welcomes new Lamborghini dealership

With a spectacular event Lamborghini has celebrated its return to the Russian Market. In the presence of Stephan Winkelmann, President and CEO of Automobili Lamborghini S.p.A., the new Lamborghini Aventador LP 700-4 has been presented officially

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Maruti Suzuki unveils India's first Life Utility Vehicle 'Ertiga’

Maruti Suzuki India Limited, unveiled industry's first Life Utility Vehicle - Ertiga. With Ertiga, the Company formally announced its much awaited entry in the Utility Vehicle (UV) segment. Ertiga strengthens the product portfolio of the market leader and also creates

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Chrysler Group LLC introduces industry-first in-vehicle wireless charging

After being the first to eliminate heavy, bulky owner manuals from its vehicles, Chrysler Group LLC, through its Mopar division, will now be the first to eliminate unsightly dangling power cords in its vehicles by offering in-vehicle wireless charging.

The

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Roses key to effective car cleaning during hosepipe ban

Despite hosepipe bans being implemented on April 5 across southern and eastern England, motorists can keep their cars gleaming with surprisingly little water, according to the car care experts at Autoglym. When using an advanced shampoo with

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Mitsubishi Motors North America reports record Outlander Sport sales in March

Mitsubishi Motors North America (MMNA) reported March 2012 sales, including 1,634 sales of the Outlander Sport CUV.  This marks the largest number of Outlander Sport sales in a single month since the model was introduced in October 2010, exceeding the

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