Mitsubishi Heavy net income falls 49% to $310 million

) reported Thursday net income for the fiscal third-quarter totaled 27.8 billion yen ($309.7 million), down 49% from...

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BMW Targets 20,000 Car Sales In Russia 2009

. More than two thirds of the vehicles sold are in the upper class and luxury segments; while sales of models in the...

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India Government To Buy More Buses To Boost Auto Industry - Min

-(Dow Jones)- India's federal government will allocate funds to provinces to buy buses for urban transport as...

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General Motors,China FAW In Talks To Form Partnership

The two automakers plan to set up a light commercial vehicle joint venture, said an FAW official who declined to be...

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Honda starts selling cheap hybrid Insight

Honda introduced Thursday the cheapest hybrid on market, starting at 1.89 million yen ($21,000) in Japan and under...

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