Porsche Seen Likely to Realize VW Merger
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The European Court of Justice is expected to strike down the so-called Volkswagen Law, created by Germanyâs government to protect the automaker from an unwanted takeover.
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Friction is mounting between German automaker Porsche and workers at Volkswagen, where employee representatives fear losing their influence if VW is swallowed up by Porsche.
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DaimlerChrysler AG's Chrysler Group   DCXGn.DE could link up with a Chinese automaker to   launch a new small car as Chrysler works to conclude a review   of potential partners in the coming weeks, Chief Executive Tom   LaSorda said on Monday.
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Italian Economy Minister Tommaso Padoa-Schioppa has said that a merger of Italian highway operator Autostrade and the Spanish group Abertis was now possible.
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Luxury automaker Porsche AG said Friday it expects a 4.5 increase in net profit for the first half of 2005 with brisk sales of its redesigned mainstay 911 sports car.
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FRANKFURT : Labour conflict looks set to boil over in the German automobile sector in the coming weeks as car makers such as Volkswagen and Opel seek to impose rigorous belt-tightening measures as an answer to chronically weak demand.
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A new facility for VW and Audi could take the edge off the companyâs currency woes. VW sales and marketing chief Georg Flandorfer, in an interview with Frankfurter Allgemeine Zeitung, said that steep losses
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Top managers of German car giant Volkswagen were aware of a system set up to provide labour leaders with favours in exchange for peaceful relations, witnesses told a court here Tuesday.
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Auto giant DaimlerChrysler AG  (DCXGn.DE) is in detailed discussions with China's Chery  Automobile to make cars for sale in the United States and other  markets and could finalize the deal soon, sources said on  Friday.
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Europe&#39;s biggest carmaker said 30,000 jobs could be cut in Germany if unions do not agree to cost-cutting plans. Volkswagen is pushing for a wage freeze and more flexibility in working hours to counteract falling sales.
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German sports car maker Porsche's  stake of almost 30 percent in Volkswagen  is enough to assert its interests in Europe's biggest carmaker, Porsche's chief executive told a German newspaper.
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DaimlerChrysler   shareholder DWS has called on the carmaker's management to consider a spin-off of the firm's ailing U.S. Chrysler unit as an option as it gets ready to unveil its latest restructuring plan for Chrysler, a German newspaper reported.
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Volkswagen is to buy a 15% share of  truck firm MAN, as it seeks to create a three-way alliance in the industry.
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DaimlerChrysler's  chief executive is examining the possible spinoff of the firm's ailing U.S. unit Chrysler, Handelsblatt and Frankfurter Allgemeine Zeitung said on Wednesday, citing sources close to the matter.
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German carmaker Porsche expects its streak of strong earnings to continue in the current fiscal year that ends in July, the company said on Wednesday.
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Europe's biggest carmaker Volkswagen is to meet with unions for talks that experts say are vital to the firm's future.
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Volkswagen and Apple rumored to be partnering on an 'iCar' or car computer system, German magazine reports.