Headlines for Thursday, January 24, 2013

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Renault will build new Nissan hatchback in France, report says

Jan. 24, 2013 21:06 CET
Nissan plans to build its a new hatchback at one of alliance partner Renault's French factories, a French newspaper reported.

PSA-GM joint vehicle programs will use French carmaker's platforms

Jan. 24, 2013 12:12 CET
General Motors and PSA will build joint vehicle programs using underpinnings from the French automaker. The first vehicles from the tie-up are due in 2016.

Mitsubishi recalls 14,700 EVs globally over brake problem

Jan. 24, 2013 13:29 CET
Mitsubishi said it will recall about 14,700 electric vehicles globally, including some PSA models, due to a brake pump problem.

JLR profit growth stalls on Evoque's growing share of sales

Jan. 24, 2013 06:01 CET
Jaguar Land Rover said fiscal third-quarter profit growth probably stalled because of currency shifts and its cheaper Evoque SUV model attracting a higher share of buyers.

Ghosn says Renault must act to lift French competitiveness

Jan. 24, 2013 11:19 CET
Renault CEO Carlos Ghosn said the automaker must take action to increase productivity. 'The best thing we can hope for is a market stabilization' in Europe, he said.

Toyota, BMW sign agreement for fuel-cells, sports car

Jan. 24, 2013 10:59 CET
Toyota and BMW are tightening technical ties with plans to jointly develop a sports car platform, lithium-air batteries and new lightweight materials.

BRUCE GAIN

Europe's crisis forces Renault to get tough

12:01 am U.S. ET | Jan. 24, 2013
Faced with steep sales declines, Renault may dare the previously unthinkable: Closing unproductive car plants in France.

VW plans extra shifts to meet demand for new Golf

Jan. 24, 2013 06:01 CET
Volkswagen says it is planning additional weekend production to meet demand for the latest version of its best-selling Golf which went on sale at the end of last year. Orders for the seventh-generation model have exceeded 100,000 cars, the company said.

Volkswagen joins other carmakers investing in Spanish output

Jan. 24, 2013 10:13 CET
Volkswagen plans to invest 785 million euros ($1 billion) over the next 5 years in a plant in northern Spain that builds the subcompact Polo model. VW is the third carmaker in recent months to boost investment in the recession-hit country.

 
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