German Carmakers See U.S. Growth
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German carmakers held out hope on Sunday that a rash of new models would boost sales in the key U.S. market this year, but called for official action to address the dollar's weakness against the euro.
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German car maker Volkswagen  said on Tuesday its sales in the United States fell 7.2 percent year-on-year in September to 20,082 vehicles.
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DaimlerChrysler AG is looking at selling cars made by China's Chery Automobile Co. Ltd. in the United States through its Chrysler group, a German magazine reported yesterday. That could help the company meet demand for more fuel-efficient cars from American consumers.
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Two of Europe's biggest car-makers, Volkswagen and Opel, will this week open the latest front in German industry's battle to slash costs, secure longer working hours and impose more flexible conditions -- or ...
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BMW chief Norbert Reithofer is due to look into alliances with parts makers and have more car production in the US.
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But minor roadblocks won't stop the automaker's growth.
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Volkswagen's  Audi  premium unit aims to raise sales in the United States to 200,000 vehicles by 2015 from last year's 90,000, Audi's sales and marketing boss told a German newspaper.
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Germany&#39;s leading economic institutes on Tuesday raised their growth forecast for the country this year to 1.8 percent, but predicted that the recovery in Europe&#39;s largest economy would slow next year amid slowing export growth and high oil prices.
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German carmaker Daimler  aims for higher growth and to be one of the world's most profitable car manufacturers, its chief executive told workers in a letter, Frankfurter Allgemeine Sonntagszeitung reported.
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German industrial production grew by a slight 0.1 percent in July, less than expected by analysts, following a drop of 0.2 percent in June, preliminary data corrected for seasonal variations showed on Friday.
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German carmaker DaimlerChrysler AG on Wednesday said its total US vehicle sales grew 1.6 percent in October, with a slight rise in sales of Chrysler Group vehicles offset by waning demand at the Mercedes-Benz group.
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German auto giant Volkswagen posted strong third-quarter results Friday and restated a record full-year sales target as Chinese and South American growth offset slumping turnover at home and in the United States.
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This year&#39;s Frankfurt motor show saw the world&#39;s biggest car makers focused on smaller, more affordable models and turning more attention to emerging markets where demand was expected to surge.
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General Motors Corp. Chief Executive Rick Wagoner said he expects US auto-industry sales to rise about 2 percent to 3 percent this year and next, helped by the nation&#39;s economic growth.
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German premium car maker BMW   aims to increase its sales in the United States to  400,000 units per year in the medium term from 336,000, the  German Auto Motor und Sport magazine reported.
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U.S. manufacturing will increase as growth abroad offsets domestic sluggishness, according to a quarterly Manufacturers Alliance/MAPI survey released on Thursday.
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Nissan Motor Co, Japan&#39;s second- biggest carmaker, said total vehicle sales in the United States next year may be similar to 2004, even as the price of petrol rises and growth slows in the world&#39;s largest economy.