Headlines for Thursday, November 29, 2012
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EU will start free trade talks with Japan despite carmaker fears
EU trade ministers agreed to start negotiations toward a free-trade agreement with Japan despite resistance from European carmakers. Read More »
Aston Martin says it has entered 'advanced' talks to boost funds
Aston Martin, the British luxury-car maker controlled by Investment Dar, is in “advanced” talks to sell new shares to investors to boost funding for future development. Read More »
Volkswagen agrees to extend JV with China's FAW
Volkswagen has reached an agreement to extend its joint venture with China's FAW Group for another 25 years after concluding that neither side infringed on technology patents. Read More »
Fiat sees potential in U.S. for SUV-styled 500L
Fiat says the 500L Trekking, an SUV-styled variant of its 500L small minivan, could account for half of overall 500L sales in the U.S. market. Read More »
In LA, SUVs take inspiration from BMW
At this year's Los Angeles auto show, it seems that BMW X1s are everywhere. A cute blue vehicle I passed looked just like an X1 SUV. Actually, it was a Mazda CX-5 that resembled an X1 from the side, but had a nose and tail different than the X1. Read More »
Porsche says new Cayman has more aggressive design
Porsche's head of design, Michael Mauer, said the new Cayman coupe has lost the “modesty” of the current model to become a real sports car in its own right. Read More »
Automakers shrink their European dealer networks
Automakers are using the expiry of the EU's block exemption regulations for new-car sales to eliminate underperforming dealers and shrink dealer networks in countries where vehicle sales are falling heavily. Read More »
