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Chinese Economic Growth Cools
4/13/2012China's gross domestic product, which expanded at an annual rate of 8.9% in the fourth quarter of 2011, grew at an 8.1% pace in the first quarter of this year, the country's National Bureau of Statistics reports.
Dongfeng, Renault Agree on China Venture
4/13/2012Renault SA and Dongfeng Motor Group Co. have worked out the framework for a carmaking venture in China that will include SUVs and electric vehicles, according to Reuters.
Renault, Dongfeng Agree on China Venture
4/13/2012Renault SA and Dongfeng Motor Group Co. have worked out the framework for a carmaking venture in China that will include SUVs and electric vehicles, according to Reuters.
Mexico’s Auto Sales Rise 11%
4/13/2012Automakers sold 83,600 cars and light trucks in Mexico last month compared with 75,100 units in March 2011, carmaker group AMIA reports.
U.S. Trade Gap Narrows More Than 12%
4/13/2012America's trade deficit declined to $46 billion in February from a revised $52.5 billion in January, the Dept. of Commerce reports.
Strong Demand Stalls Subaru Sports Car Debut
4/13/2012Fuji Heavy Industries Ltd. will delay deliveries of its new Subaru BRZ sports car until early next year because it has been overwhelmed by orders that are four times the expected volume, The Nikkei says.
Sarkozy Aims to Prevent Rumored PSA Plant Closing
4/13/2012French President Nicolas Sarkozy has summoned CEO Philippe Varin to a meeting on Saturday at the Elysee Palace to discuss the future of PSA Peugeot Citroen's assembly plant in Aulnay.
EU Protests Trade Barriers in Argentina, Brazil
4/12/2012The European Commission has complained to the World Trade Organization and the governments of Argentina and Brazil about "protectionist trade measures" those countries place on imports of autos and auto parts.
EU Protests Trade Barriers in Argentina, Brazil
4/12/2012The European Commission has complained to the World Trade Organization and the governments of Argentina and Brazil about "protectionist trade measures" those countries place on imports of autos and auto parts.