Ford to double Russian car sales in 2006
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Ford's F.N car sales in Russia will   double to an estimated 120,000 units in 2006, half of them   produced locally, the head of the Russian unit Henrik Nenzen   said on Wednesday.
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Ford Motor Co.  said  on Tuesday it would boost production in Russia to 125,000 cars  per year by 2009 from 72,000 as it seeks to satisfy booming  demand in Europe&#39;s fastest growing car market.
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Skoda Auto, the Czech Republic's biggest car producer, boosted first-half net profit by 62.3 percent to 6.4 billion koruna (224.7 million euros, 287.2 million dollars).
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Ford Motor Co.  on Tuesday said U.S. vehicle sales rose 5 percent in September amid signs that sales of pickup truck and sport utility vehicle were stabilizing.
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Russia's economics minister said Monday that the economy could grow 7 percent this year, beating the government's original forecasts, news reports said.
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Ford Europe Chief Executive John Fleming   said on Thursday the European unit of the U.S. auto maker was   on track to post a profit in 2006 for the third consecutive   year.
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Chrysler Group (DCXGn.DE)  plans to strengthen its presence in Russian car sales and  production, a top executive said in the advance abstract of an  interview with Automotive News Europe.
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After launching three new cars last  year, Ford Motor Co. F.N will boost its sedan lineup this  year with the Mexican-built, mid-size Fusion, which is expected  to be on sale in the fall.
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Ford Motor Co.  posted its fourth consecutive month of weaker U.S. sales with a 7 percent drop in September results on Friday, and the automaker doubled its incentives on some models to kick-start sales this month.
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Toyota and Ford, two of the world's three largest auto makers, reported strong first-half sales in China's fast-growing market, where as relative newcomers they are competing to roll out new models to attract customers.
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The Japanese automaker Nissan said Sunday that it would begin production at its first Russian factory in 2009.
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Microsoft Corp. said on Wednesday it  expects to sell twice as many copies of its new Vista PC  operating system in its first year on sale compared with the  launch of its last major upgrade, Windows XP, in 2001.
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Ford Motor Co., the second-largest US automaker, said its US sales of cars and trucks fell 5 percent in October. The 268,474 vehicles sold included a decline of 20 percent from a year
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Struggling auto giant Ford Motor Co. has said it would produce about two million engines per year in the UK by 2009, thanks to a multi-million-pound investment in &quot;flexible&quot; manufacturing.
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Russia will seek to raise at least 246.75 billion rubles ($8.6 billion) by selling a majority stake in OAO Yukos Oil Co.&#39;s main oil-producing unit next month, the Federal Property Fund said.
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Gazprom, Russiaâs natural gas export monopoly, said 2006 profit doubled, to a record $22.6 billion, beating estimates, as it sold more fuel at higher prices. Net income surged 97 percent, to 613.3 billion rubles, from 311.1 billion rubles a year earlier, the state-run company said. The profit equals $22.6 billion at the average ruble rate for the period and is 8.2 percent higher than the median estimate of six analysts in a Bloomberg survey. Rising prices in Europe, where Gazprom has a quarter of the market, and increased shipments to former Soviet nations drove the gain in earnings, the highest ever reported by a Russian company. Gazprom, based in Moscow, relies entirely on exports for profit because it loses money on sales in Russia, where prices are capped.
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Ford Motor Co.'s F.N Land Rover luxury   unit is on track to set a fresh record in global sales, helping   the brand attain sustained profitability, the unit's managing   director said.