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Volkswagen profit surge 10-fold to 2.2 billion Euros

Volkswagen announced that it’s third-quarter net profit surge more than 10-fold to 2.2 billion Euros due to strong demand and strict cost controls. “Increased demand for our group models and our disciplined cost management led to these strong results, which have strengthened our sound financial base,” a statement quoted by VW finance director Hans Dieter Poetsch. VW officially said that ...

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New car sales sink in Japan in October

In Japan, the new vehicle sales tumbled more than a quarter in October, suffering the steepest year-on-year fall in 18 months as subsidies for green cars ended, an auto industry group said Monday. Sales of new vehicles, including cars, trucks and buses, totalled 193,258 units in October, down 26.7 percent from a year earlier, according to monthly data from the ...

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2011 Proton Inspira – an OEM collaboration with Mitsubishi

[singlepic id=4283 w=630 h= float=] To all guys that anticipating the new Proton model which is based on current model of Mitsubishi Lancer. The new Proton Inspira – four-door sedan will be official launch on 10 November 2010. [singlepic id=4270 w=630 h= float=] Proton Group MD – Datuk Syed Zainal Abidin Syed Mohamed Tahir highlighted during the new Proton Inspira ...

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Honda is gearing up to improve the Insight’s fuel economy

[singlepic id=4202 w=630 h= float=] Honda is gearing up in the entry-level hybrid fight to improve the Insight’s economy.  The improvements are done by adding stop-start strategy to make it more economical. Changes have meant that that its engine can be switched off for up to three times as long as before. [singlepic id=4221 w=630 h= float=] [singlepic id=4222 w=630 ...

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2011 Honda Civic Type-R Euro (FN-2) only 1,500 units to Japan

[singlepic id=4138 w=630 h= float=] The British-built Honda Civic Type-R Euro batch will be the last of this model series to make its way to Japan as production of the current generation FN2 Civic Type R Euro has been terminated in Europe because its K20A 2.0-litre VTEC engine does not meet the Euro-5 emissions regulations. In 2009, Honda Japan had ...

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Audi Quattro vs BMW xDrive – Audi Q5 vs BMW X3

It will be the last thing on earth that I will ever think BMW makes better all-wheel drive systems than Audi’s Quattro system. But…. You got to believe me! After watching this clip his will totally change your perception. Keep in mind both of the cars had traction control settings switched off as this was more of a test to ...

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Volkswagen introduces new 2011 VW Jetta from Euro 20,900 in Germany

Volkswagen has announced that the 2011 VW Jetta will launch for Europe market by next year and will start at Euro 20,900 in Germany. Promising to inject “a new dimension of quality to the saloons of the compact class,” that opening gambit price will get you the 103-horsepower, 1.2 TSI model in Trendline trim and Highline trim with the 2.0 ...

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Hyundai brand value up 9.3%

Hyundai Motor Company saw its brand value increase by 9.3% from a year earlier in the Best Global Brands 2010 by Interbrand, outperforming the industry’s average growth rate. Hyundai, which has been included in the Best Global Brands for six consecutive years, ranked No.65 out of 100 brands this year, a steady increase from the no.84 position in 2005. The ...

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