The additional capital of JPY 130bn provides greater long-term security and flexibility for Marelli in the event of an extended market downturn.
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Profits are plunging at all three automakers and thousands of jobs will be at risk as Renault and Nissan announce separate restructuring plans later this week.
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Formula One is due to introduce a $145 million budget cap next year as the sport seeks to cut costs and help the 10 teams survive.
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The firm is poised to buy 50% of Anhui Jianghuai Automobile Group Holding, the parent of EV partner JAC Motors, for at least 3.5 billion yuan ($491 million)
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The new Mercedes-AMG C 63 Coupe is even cheaper than the previous-gen model which was on sale in India until early 2019.
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Customers can pre-book the motorcycle online across all Triumph dealerships.
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Volkswagen ventures into Omni-channel mobility products for its customers.
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Maruti Suzuki proactive measures help to reduce car damage and aid vehicles affected by Amphan cyclone.
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Pioneer provides the entire infotainment subdomain for cockpit solutions.
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Upgraded Rio features Kia’s first gasoline mild-hybrid powertrain.
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