Headlines for Thursday, December 13, 2012

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Audi will decide on Brazil assembly line in 2013

Audi will decide next year whether to start producing vehicles in Brazil again, following rival BMW's plans for a new plant and word that Japanese brands Acura and Infiniti are on the way. Read More »

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Q&A WITH GM CEO DAN AKERSON:

Akerson bullish on PSA alliance, Opel's new models

General Motors CEO Dan Akerson is steadily putting his stamp on the automaker. He is forging a cost-saving alliance with PSA/Peugeot-Citroen and is bullish about Opel's entry into new segments with the debuts of the Adam minicar and Mokka subcompact SUV. Read More »

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Ex-VW boss Pischetsrieder to chair Munich Re insurance group

Former VW chief Bernd Pischetsrieder will be the new supervisory board chairman of Munich Re. Read More »

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DOUGLAS A. BOLDUC:

If it's not core, it's out the door

The simple rhyme above seems to be the mantra at European automakers lately. Renault, PSA and Daimler have shed substantial stakes in non-core assets. Read More »

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Jaguar drops plan to build C-X75 supercar

Jaguar said it will not build the hybrid C-X75 supercar, citing global economic pressures. The British luxury brand announced in May last year it would build 250 units of the two-seat car that would sell at prices up to 900,000 pounds ($1.5 million). Read More »

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PSA declines to comment on report of Algeria investment

PSA has declined to comment on a French news report that says the Algerian government plans to discuss an investment in the automaker with French officials during a visit by President Francois Hollande to the country next week. Read More »

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Marchionne to outline plans to build Jeeps, Fiat SUVs in Italy, report says

Fiat CEO Sergio Marchionne will soon give details of his plans for the production of Jeeps and Fiat SUVs at the automaker's factory in Melfi, Italy, sources said. Read More »

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JLR sales rise 14% in Nov. as China offsets weak N. America

Jaguar Land Rover global sales rose a record 14 percent in November as China demand surged, helping to offset a decline in North American deliveries. Read More »

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Porsche shores up profitability dominance with labor accord

Porsche will shore up its industry-leading profit margins by cutting the number of labor hours required to produce a vehicle. Read More »

VW negotiates with Chrysler on minivan future as output pauses

Volkswagen is negotiating with Chrysler about future production of its Routan minivan in Windsor, Canada, as output of the model stops for at least five months. Read More »

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Renault will sell Volvo Trucks stake to boost investment in carmaking

Renault will sell its remaining 6.5 percent stake in truckmaker Volvo as it seeks to cut debt and boost investment in carmaking. The sale will raise $1.92 billion and ends Renault's 11-year run as the Swedish truckmaker's largest shareholder. Read More »

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Lamborghini will mark 50th anniversary with new model

Lamborghini is laying big plans for its 50th birthday celebration next year, including a new car. Lamborghini CEO Stephan Winkelmann said the automaker will unveil "a special car that will celebrate" the anniversary -- a one-off design. Read More »

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Growth of 2% forecast for Europe car market
Europe's car market will probably expand 2 percent this year as demand recovers, ACEA said. ...
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European December car sales jump 13%, boosted by discounting
European new-car sales surged 13 percent in December, boosted by price cuts. Full-year sales fell by ...
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W. European 2013 sales beat forecast
Western Europe's 12 percent rise in new-car sales in December caused the region's overall 2013 volum ...
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Car-sales rise in southern Europe fails to halt regional decline in 2013
A rise in December new-car sales in France, Italy and Spain points to a pick-up in demand in souther ...
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Better Nov. car sales herald European growth in 2014, forecaster says
Western European car sales may improve by nearly 3 percent next year after November showed modest growth, LMC Automotive forecasts. ...
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European car sales rise as VW, Renault make Nov. gains
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Italy slump continues as November car sales fall 5%
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Porsche extends CEO Mueller's contract by five years
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Back to Britain for ex-Volkswagen exec Browning
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Honda names veteran exec Mikoshiba to head Europe operations
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Renschler hired by VW to push truck alliance
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Daimler names former VW, BMW CEO Pischetsrieder to supervisory board
Daimler nominated former Volkswagen CEO Bernd Pischetsrieder to the company's supervisory board. ...
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Audi names VW executive as production chief
Audi named Volkswagen executive Hubert Waltl as its production chief. Waltl succeeds Frank Dreves wh ...
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New Vauxhall chief is former Mitsubishi Europe boss Tozer
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Renault names former PSA exec Wertans as global sales boss
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