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Volkswagen to add budget brand

Volkswagen AG (Xetra: VW), a Germany-based automaker, is reported to be adding a budget brand aimed at developing regions. Reports claim that the automaker is developing a new budget brand to compete with Dacia in emerging markets. The company is …

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Car Repair

Insurance industry should ban referral fees

Car insurance premiums have been rising for some time, with the cost of a standard comprehensive policy doubling since 2008. One of the main reasons behind this appears

Car factory

Tata to set up $100m assembly facility in Mexico

Tata Motors Limited (NYSE: TM) (LSE: TYT) (TYO: 7203), the India-based automaker that owns the Jaguar and Land Rover brands, is set to establish a $100m assembly facility

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Toyota Motor Corporation reports August sales in Thailand

Toyota Motor Corporation (NYSE: TM) (LSE: TYT) (TYO: 7203), a Japan-based automaker, has reported an increase in sales for the month of August 2012 in Thailand. The automaker sold

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BMW to launch new 6 Series Gran Coupe in New Zealand

BMW AG (Xetra: BMW), a Germany-based automaker, is launching its new 6 Series Gran Coupe in New Zealand. The vehicle is available with a range of six cylinder diesel

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BMW AG to offer free security fix

BMW AG (Xetra: BMW), a Germany-based automaker, is providing a free fix for a security flaw in its vehicles to all customers in the United Kingdom. The flaw allows

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Luxgen reveals details of Luxgen7

Luxgen, a Taiwan-based automaker, has revealed details of the Luxgen7 SUV. The model is to arrive at European dealerships from 2013. The automaker has launched the vehicle at the

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Hyundai Motor Company to withdraw V8 options for 2013 model year

Hyundai Motor Company (KSE: 005380), a South Korea-based automaker, is planning to withdraw standard V8 options for the 2013 model year. The automaker is withdrawing the Genesis' 4.6-litre V8

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