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GM Avoids Strike in Brazil
1/28/2013General Motors Co. has reached a tentative agreement with unions at its assembly plant in San Jose dos Campos, Brazil, thus averting an impending strike.
Toyota Leads Global Sales; Honda, Nissan Set Records
1/28/2013Toyota Motor Corp. reports it sold 9.75 million vehicles worldwide last year slightly more than it previously estimated and a 23% jump from 2011.
Suzuki Aims to Double Output in India
1/28/2013Suzuki Motor Corp.'s Maruti Suzuki unit plans to build its fourth factory in India, which would double the company's production in the country to about 3 million vehicles by 2017, Chairman R.C.
VW Ponders Low-Cost Car Line for China
1/27/2013Volkswagen AG tells Reuters it will decide this year whether to create a new family of ultra-low-cost cars in China.
Hennessey Venom Sets 0-300 kph Record
1/27/2013Guinness World Records has named Hennessey Performance's latest Venom GT the world's fastest-accelerating car from zero to 300 kph (186 mph).
VW Plans Electric Golf Model Next Year
1/27/2013Volkswagen AG confirms it will introduce an electric powertrain option for its seventh-generation Golf hatchback in mid-2014, according to the AutoBild.de.
VW Ponders New Ultra-Low-Cost Cars for China
1/27/2013If Volkswagen AG goes ahead with developing no-frills vehicles for emerging markets, the first models would probably debut in China, Reuters reports.
Porsche Extends CEO’s Contract
1/27/2013CEO Matthias Mueller tells Automobilwoche that Porsche AG has added a year to his contract, which will now run through October 2014.
Fiat Union Agrees to Model Changeover Layoffs
1/27/2013Fiat SpA has won the acceptance of its union to idle half of its assembly plant in Melfi, Italy, for as long as 23 months while the company revamps the facility to make small crossover vehicles.
Britain’s GDP Declines
1/27/2013The U.K. economy, which expanded 0.9% from the second to the third quarter of 2012, contracted 0.3% in the October-December period, according to the preliminary estimate from the country's Office for National Statistics.