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LONDON (AFP) - Lotus have set their sights on a top-three finish in this year's Formula One (F1) world championship after becoming the first team to unveil their car for the forthcoming campaign.
DETROIT (AP) - Nissan is recalling about 11,000 Juke small sport utility vehicles (SUVs) to fix a problem with the rear seats.
PRAGUE (AFP) - Czech-based carmaker TPCA, a joint venture between France's PSA Peugeot Citroen and Japan's Toyota, said on Tuesday it would cut 345 jobs from its 2,800 work force amid declining sales.
TOKYO (REUTERS) - Mitsubishi Motors said on Tuesday it has added production of the Outlander Sport compact sport utility vehicle to its Normal, Illinois, factory in a move that will eventually double output and turn the plant into an export hub.
PARIS (AFP) - The head of French carmaker PSA Peugeot, Mr Philippe Varin, said on Tuesday that the firm had no choice but to close its historic Aulnay plant north of Paris as he defended a shock announcement to cut 8,000 French jobs.
PARIS (REUTERS) - The decline in French new car orders deepened in June, according to a dealership survey, casting further gloom over PSA Peugeot Citroen and Renault's domestic outlook.
BANGKOK (REUTERS) - Toyota Motor's Thai unit said on Tuesday it expected the Thai automotive industry to achieve record sales of 1.2 million units in 2012, helped by government subsidies.
SYDNEY (AFP) - Carmaker Ford announced on Tuesday that it would sack 440 Australian workers as it scaled back production due to muted demand, despite a multimillion-dollar government bailout earlier this year.
BERLIN (REUTERS) - European auto sales for June declined to the slowest pace in eight months as the region's biggest market Germany and the United Kingdom posted small gains.
PARIS (REUTERS) - The closure of PSA Peugeot Citroen's Aulnay plant will reduce the French automaker's fixed costs by 108 million euros (S$167 million), Le Figaro reported, citing company documents.
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