Audi strengthens DTM involvement
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After the successful DTM comeback was crowned by winning the Drivers&#39;, Manufacturers&#39; and Teams&#39; Championships, AUDI AG strengthens their works involvement in Europe&#39;s most popular touring car series.
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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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Walking around the Detroit auto show floor with a friend, we spied an uninspiring new production model at the General Motors section. âOh look,â I said. âNational Car Rental has its own display.â Closer inspection revealed this blasÃ© straight-to-fleet sedan was actually Chevroletâs new â50th Anniversary Editionâ Impala.
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A swift response to problems should speed the automaker's recovery.
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TRW Automotive Holdings  is  thinking about making a bid for the automotive engineering unit  of Germany's Siemens, the Financial Times reported on Tuesday,  citing three people involved in the bidding process.
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Former Formula One world champion Mika Hakkinen will make his race comeback with Mercedes next year in the German DTM touring car series, the carmaker announced on Saturday.
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Volkswagenâs chairman, Ferdinand Piech, may join the board of the truck maker MAN, of which Volkswagen owns a 29.9 percent stake, MAN said. Mr. Piech, along with an executive with Volkswagenâs truck division, Stephan Schaller, will be among those directors whom shareholders will vote on during the May 10 annual meeting, MAN said. Mr. Piech, above, and Mr. Schaller would join Rupert Stadler, an executive with Volkswagenâs Audi subsidiary. Volkswagen has been pushing for an alliance formed of itself, MAN and Sania, another truck maker.
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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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Former F1 world champion Mika Hakkinen will race in the DTM in 2005 with an AMG Mercedes C-Class, Mercedes-Benz Motorsport confirmed yesterday [Saturday] on the occasion of the traditional &#39;Stars and Cars Day&#39; at the DaimlerChrysler Stuttgart
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Minardi have filled one of its two vacant seats for next season, hiring Dutch driver Christijian Albers. The former German Formula 3 champion has competed in the DTM touring car series the last four years.
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Siebel Systems (Nasdaq: SEBL) and Deutsche Telekom's (NYSE: DT) T-Systems have announced an agreement under which T-Systems will market and deliver hosted CRM software to companies in Germany and eight other European countries starting in February 2005.
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(InfoWorld) - The T-Mobile brand could soon be coming to a market near you. As part of a strategy to revive profits, Deutsche TelekomÂ intends to expand its T-Mobile cellular business in markets in which the German telecommunications group is already offering fixed-line services and possibly in entirely new markets, the company said Thursday. T-Mobile is already one of the largest mobile phone operators in western Europe and the U.S. Its T-Mobile USA subsidiary has emerged as the group's main growth engine. Deutsche Telekom "does not rule out acquisitions" as part of its expansion strategy, it said. Acquiring the Dutch mobile phone subsidiary of France's Orange could be part of that strategy. The company is rumored to be among the bidders for the Dutch company, the smallest of four operators in the Netherlands. The new strategy carries the signature of RenÃ© Obermann, newly appointed CEO of Deutsche Telekom and the former head of the group's mobile phone business. Obermann is under pressure to tap new areas of growth to offset falling prices for mobile phone calls in mature markets such as Germany and the U.S. and to counter stiff competition from providers of fixed-line telephone services, particularly new VOIP (voice over Internet Protocol) service providers. More than 2.3 fixed-line customers defected to rivals last year. Obermann's new strategy also includes selling several business units, including the French and Spanish ISPs (Internet service providers) Club Internet and Ya.com and the T-Systems Media & Broadcast unit. In addition, the CEO hopes to find an international "strategic partner" for its T-Systems subsidiary. T-Systems provides IT services to about 60 multinationals and 160,000 smaller companies. The Frankfurt-based unit, which also operates and maintains Deutsche Telekom's global telecommunications network, was established a few years ago following the merger of DaimlerChrysler's IT outsourcing unit, Debis Systemhaus, and the systems integration activities of the German network operator. Last year, T-Systems acquired Gedas, the former computer services subsidiary of German car maker Volkswagen. Gedas has 12 subsidiaries around the world, including Brazil, China, Japan, and the U.S. Most of these are located in automobile manufacturing centers. By the end of 2010, Deutsche Telekom hopes to have 1.5 million customers for its new IPTV (Internet Protocol television) service. The operator intends to have 50 cities connected to its new VDSL (Very high bit-rate Digital Subscriber Line) network next year, with an additional 750 towns to linked via ADSL2+ (Asymmetric DSL) technology. Deutsche Telekom's VDSL network has been a contentious issue with regulators in Brussels. On Monday, the European CommissionÂ threatened the German governmentÂ with legal action unless it scraps a new law thatÂ protects Deutsche Telekom from competitionÂ in the broadband Internet access market. The Commission's action focuses on specific amendments in the German law that effectively exempt the German operator VDSL network from competition. The amendment was requested by the company, which is still partly owned by the German state. Â
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Volkswagen's new boss Martin Winterkorn has come up with a plan to save the German carmaker's threatened Brussels plant by building a new Audi model there.
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Porsche, the German maker of luxury sports cars, wants to further increase its stake in Europe's biggest car maker Volkswagen, Porsche chief Wendelin Wiedeking has said.
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The Skoda Fabia and Audi A5 models have attracted more customers and a corporate overhaul has reduced production costs.
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Mercedes-Benz Motorsport announced today that former Formula One World Champion Mika Hakkinen will race in the German based DTM series in 2005.
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The world's top automakers used one of the industry's biggest stages to roll out their latest cars and trucks, at the same time pledging to use the fresh offerings to attract greater numbers of new customers and expand their businesses.