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VW rides on strong China sales, luxury cars

Source:  Shanghai Daily VOLKSWAGEN, Europe’s biggest auto group,  posted on Thursday a robust quarterly net profit, thanks to growth in China and higher profits at its luxury car divisions Audi and...

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Maserati celebrates 10 years in China, adds more dealerships in first and...

Source:  Red Luxury To celebrate its 10 year anniversary in China and 100th anniversary as a company, Maserati has planned a China-Italy Centennial Rally and expansion of its dealership network in...

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China’s auto sales decelerate but buying of SUVs rises 30pc

Source:  Shanghai Daily China’s auto sales growth decelerated further in August to 8.5 percent while sales of SUVs surged by nearly a third. Drivers in the world’s biggest auto market by vehicle sales...

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China fines Volkswagen affiliate USD40m for price-fixing

Source:  The Malaysian Insider An affiliate of German carmaker Volkswagen has been fined more than USD40.5 million for price-fixing in China, authorities said Thursday, the latest company to be...

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Warren Buffett buys new-car retail chain

Source:  The Wall Street Journal Online Warren Buffet wants to sell your car. The billionaire investor on Thursday agreed to buy America's fifth-largest auto retailer and use it to launch a...

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Tesla in Alibaba tie-up to test mainland market

Source:  scmp.com Carmaker Tesla became the third major company in recent weeks to set up an online-only business in China by announcing Tuesday it is partnering solely with Alibaba for its first...

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Tire shops thrive in India’s smaller cities, rural areas

Source:  Retail in Asia Shops selling commercial vehicle and passenger car tires in smaller cities and villages are expected to thrive, buoyed by a younger population, rising purchasing power and...

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Lamborghini’s sales in China in decline

Source:  Red Luxury The ultra-luxury automobile market in China is expanding at a rapid pace. This trend, in turn, is greatly increasing the importance of the market in manufacturers’ marketing...

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Snapdeal, Hero MotoCorp tie up to sell two-wheelers online

Source:  The Hindu Business Line E-commerce major Snapdeal and the world’s largest two-wheeler manufacturer Hero MotoCorp are tying up to sell the latter’s products online. View full story

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India’s Junglee.com introduces pre-owned vehicles category

Source:  RetailTech Innovation India's product search and comparison site Junglee.com has introduced a new category for pre-owned vehicles in its e-commerce site.The new pre-owned Vehicles Store...

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After terrible year, Thailand's auto sector is expecting 2015 recovery

Source:  Chinapost.com.tw The Thai auto industry may have suffered a terrible year, with domestic sales plummeting by almost 40 percent during the first 10 months, but many believe the worst has...

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Luxury carmakers clock best-ever India sales in 2014

Source:  The Hindu Business Line Riding on high demand that outstripped supply, luxury car manufacturers Audi and Mercedes-Benz have ended 2014 with best-ever sales in their history in India. German...

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Motor-vehicle industry drives retail spending in New Zealand

Source:  Retail In Asia Retail spending in New Zealand in the December 2014 was driven by the motor-vehicle industry, with retail sales rising 3.4 percent.“The motor-vehicle industry drove this...

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Suzuki settles dispute with Volkswagen

Source:  The Japan Times  Suzuki Motor Corp. said it has reached a settlement with Germany’s Volkswagen AG following the dissolution of their capital and business tie-up.Suzuki said Wednesday it will...

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Honda (Thailand) optimistic about export growth

Source:  The Bangkok Post Honda Automobile (Thailand) remains bullish on vehicle and parts shipment this year despite the economic slowdown in China.According to chief operating officer Pitak...

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