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Auto sales are expected to be in the range of 15 million and 15.5 million units this year, General MotorsCEO Daniel Akerson told CNBC.
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MILAN, March 19- Europe's car sales fell last month to their lowest February level in at least 23 years, industry figures showed on Tuesday, dwindling to the sort of trickle usually only seen during the August holiday when cities are empty.
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MILAN, March 19- Europe's car sales fell last month to their lowest February level in at least 23 years, industry figures showed on Tuesday, dwindling to the sort of trickle usually only seen during the August holiday when cities are empty.
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MILAN, March 19- Europe's car market shrank a further 10.2 percent in February, with sales of new vehicles falling to 829,359, according to figures from the Association of European Car Manufacturers. General Motors and Fiat were the next biggest fallers, dropping 20.1 percent and 15.7 percent respectively.
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MILAN, March 19- Europe's car market shrank a further 10.2 percent in February, with sales of new vehicles falling to 829,359, according to figures from the Association of European Car Manufacturers. General Motors and Fiat were the next biggest fallers, dropping 20.1 percent and 15.7 percent respectively.
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Europe's new car market shrank a further 10.2 percent in February.
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MILAN, March 19- Europe's new car market shrank a further 10.2 percent in February, according to figures from the Association of European Car Manufacturers on Tuesday. Ford, General Motors and Fiat were the worst performers, as European car registrations fell to 829,359 vehicles after hitting a 17- year low in January.
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MILAN, March 19- Europe's car sales fell last month to their lowest February level in at least 23 years, industry figures showed on Tuesday, dwindling to the sort of trickle usually only seen during the August holiday when cities are empty. General Motors Co and Fiat SpA were the next biggest fallers, dropping 20.1 percent and 15.7 percent respectively.
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JAKARTA, March 19- Car sales in Indonesia, an indicator of domestic demand in Southeast Asia's largest economy, grew 19.4 percent in February from a year earlier, a slower pace than January, industry data showed on Tuesday. A total of 103,269 cars were sold in the country last month, led by Toyota.
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BANGKOK, March 19- Data published by the Federation of Thai Industries. Thai monthly car and truck sales. -Thailand is the biggest car market in Southeast Asia and a regional vehicle production and export base for the world's top car manufacturers.
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Chrysler has issued an unusually dire warning to some owners of its Dodge Challenger muscle car instructing them to park the vehicles, NBC News reports.
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SYDNEY, March 18- Sales of new motor vehicles in Australia were flat in February, from January, but were still the best ever for that month and up strongly on February last year.
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Honda Motor will recall nearly 250,000 vehicles globally, including some Acura MDX crossover SUVs, due to braking problems, the automaker said.
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Kia has touched off an unexpected firestorm in Northern Ireland over the name of its new car.
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After a difficult January, when shoppers first felt the effect of a payroll tax hike that lowered take-home pay by 2 percent, some retailers got a little relief in February from growing employment and a rising stock market.
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Philippe Varin, CEO of Peugeot, tells CNBC why Peugeot are aiming to break even at the end of 2014, based on the current market conditions.
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Kevin Rose, global sales and marketing director at Bentley, tells CNBC that individuality and personality are key to the luxury market's success, whereas mass market products have become too much of a commodity.
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The world's major luxury auto manufacturers have been bucking the trend, rolling out new models for the super luxury market at the 83rd Geneva motor show, against a backdrop of slumping sales in the mass market in Europe.
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American car buyers, attracted by new models and cheap financing, are taking out bigger auto loans and stretching out the terms of those loans to a new record length.
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Europe's car market is facing a precipice and the region's shrinking demand shows little signs of recovery this year, Carlos Ghosn CEO of Renault Nissan, told CNBC Tuesday.
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Stephan Winkelmann, CEO of Lamborghini, tells CNBC that without going global it is very difficult for any manufacturer - luxury or mass market - to be successful.