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AUTOS' NEWS WORLDWIDE
* USA - GM Hopes Hyundai's Turnaround Plan, Adopts South Korean Automaker's Warranty Deal to Signal Improved QualityDetroit,Mich,USA -AdAge.com, by Jean Halliday -Sept 06, 2006: -- General Motors Corp., battling long-term misperceptions about the quality of its vehicles, is adopting a powertrain warranty similar to the one that helped Hyundai Motor Corp. execute one of the industry's most stunning turnarounds... Deutsch gets the assignment Saying "we believe in our cars and our trucks," Rick Wagoner, GM's chairman-CEO, today said the automaker would beef up its powertrain warranty to 100,000 miles or five years on all its 2007 models. The coverage on most of GM's models was 36,000 miles or three years... (Picture above)
* Germany - BMW's Real-Time Traffic With Inrix Dust Network
Germany -Techno Ride (New York,NY,USA), by Bill Howard -7 Sept 2006: -- Real-time traffic information (RTTI) took a big leap forward in accuracy today: BMW announced that it will offer RTTI as a free service on most 2007 BMWs equipped with a navigation system... BMW is the first automaker to adopt the so-called Dust Network, created by Microsoft spinoff Inrix Traffic Services... (Picture below)
* USA - Dodge trucks recalled for air bags
WASHINGTON,DC,USA-The Detroit News -7 Sept 2006: -- Chrysler said Wednesday it was recalling about 145,000 2006 Dodge Ram 1500 pickups to replace the passenger air bag pack and reprogram the air bag's computer system...
* USA - GM extends warranty to 100,000 miles
DETROIT,Mich,USA -The Detroit News -7 Sept 2006: -- General Motors Corp. rolled out a 100,000-mile warranty Wednesday designed to convince skeptical consumers of the improved quality of its 2007-model cars and trucks...
* USA - No deal for DaimlerChrysler, union says
DETROIT,Mich,USA -The Arkansas Democrat Gazette, by TOM KRISHER/AP -Sept 8, 2006: -- The United Auto Workers will not give the same health-care concessions to DaimlerChrysler AG’s Chrysler Group that it gave to General Motors Corp. and Ford Motor Co., the union’s president said Thursday... Ron Gettelfinger, speaking to reporters after a midday speech at the Detroit Economic Club, said the UAW analyzed Chrysler’s finances and determined the concessions weren’t in the union’s best interest...
* Japan - Mazda Reaches One Millionth Axela Produced in Japan
Tokyo, Japan -JCN Newswire -Sept 8, 2006: -- Mazda Motor Corporation has announced that total production of the Mazda Axela (known as Mazda3 in overseas markets) in Japan reached the one million unit milestone at the end of August 2006... This achievement comes three years and two months after production of the Axela started at Mazda's Hofu Plant No.1 (H1) at the end of June 2003 and establishes a new record for the fastest time to produce one million units of a Mazda vehicle...
* France - Peugeot Chief Folz to Retire; Successor by Year-End
Paris,France -Bloomberg, by Alan Katz -Sept. 8, 2006: -- PSA Peugeot Citroen Chief Executive Officer Jean-Martin Folz, who has overseen a three-year decline in the carmaker's profitability, will resign in January. The shares rose the most in almost a year... Folz, who has been CEO since 1997, told the board before he went on vacation Aug. 4 that he plans to leave in January 2007, when he turns 60 and becomes eligible for retirement...
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