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Renault calls its Talisman a premium sedan. The Talisman is based on the SM7, which is built by Renault Samsung in South Korea. The Talisman, which will be sold only in China, will be exported from South Korea.
PSA will close r&d site to reduce spending
Marchionne apologizes for 'wop engine' comment
Daimler may sell company-owned German dealerships to cut costs
Toyota overtakes BMW as most valuable global car brand
Former Saab CEO Jonsson, two other execs arrested on tax charges
