Auto Sector

We will fight car protectionism in Europe, US, Brussels vows

Car IndustryBrussels - The European Union's executive will use the force of the law to fight c

Japan's major carmakers suffer output declines in January

Japan's major carmakers suffer output declines in January

Deal to save jobs at TATA-owned Jaguar on anvil

Deal to save jobs at TATA-owned Jaguar on anvilLondon, Feb. 25: A deal to save hundreds of jobs at the TATA-owned carmaker Jaguar Land Rover (JLR) is on the anvil.

According to Sky News, the deal with the unions should save JLR 60 million pounds.

Staff at the firm has been voting on proposals to cut their hours and freeze pay in exchange for the guarantee of no compulsory redundancies for two years.

Under the deal, workers would work a four-day week, with hours cut from 35 hours to 32. They would also give up bonuses and have their pay frozen until October 2010.

Exclusive special edition of Peugeot 308 CC

Paris  - Prior to the official European sales start of the Peugeot 308 CC in March, the French car maker is offering a special open-air edition limited to 100 units in black metallic and exclusive

Porsche Panamera to sell for 94,575 euros

Porsche Panamera to sell for 94,575 eurosStuttgart  - Porsche's first sedan, the Panamera, will sell for a basic price of 94,575 euros (121,600 dollars) with the car celebrating its world debut at the Auto China in Shanghai in March, company has announced.

The basic Panamera S comes with the V6 engine from the Cayenne SUV with an output of 221 kW/300 hp. The Panamera 4S four-wheel drive will sell for 102,251 euros (131,600 dollars) and the top of the range Panamera Turbo for 135,154 euros (174,000 dollars). It is fitted with the V8 powering 368 kW/500 hp.

Still running after 50 years - Mini remains popular style icon

Longbridge, England  - When the first Mini was unveiled to the public in August 1959, it was based on a concept that still applies in the 21st century - compact and economical small cars have a future in times of rising raw material and oil prices.

The British Motor Corporation (BMC) gave Sir Alexander Arnold Constantine "Alec" Issigoinis the task of developing a cheap, small car in the 1950s when fuel prices soared amid the Suez Canal crisis.

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