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Ford's Lincoln brand to debut in China with eight stores in seven cities: exec

BEIJING (Reuters) - Ford Motor Co. said on Friday it plans to launch its premium Lincoln brand in China in October, when it will open eight stores in seven Chinese cities. John Lawler, head of Ford's China operations, said Lincoln might be late to China's luxury boom but believes the country's upscale car market still has plenty of steam left for growth to make its debut worthwhile. He said Ford plans to boost the number of Lincoln stores to 60 and push into a total of some 50 cities by 2016.

Europe's car sales upturn fails to halt price war

By Laurence Frost PARIS (Reuters) - Europe's car sales recovery may be taking hold, according to registrations data published on Thursday, but a confidential industry survey shows the pickup is failing to halt a price war. Discounts outgrew first-quarter sales, according to the data seen by Reuters, casting doubt on the strength of the recovery and earnings outlook for carmakers in the region.

German, Japanese carmakers cash in on Korea-U.S. trade deal: data

By Hyunjoo Jin SEOUL (Reuters) - Japanese and German automakers are benefiting more than their U.S. peers from a free trade deal between Washington and Seoul, according to import figures suggesting U.S. brands are not reaping the rewards they may have expected from the pact. U.S. automakers are battling a perception that they lag German peers in fuel efficiency just when sales figures show South Korean consumers are developing a particular taste for diesel-powered models, the German brands' mainstay.

Japan steelmaker ready to ship world's longest rail tracks

Japan's top steelmaker said Thursday it has built a system to make and ship the longest pieces of railway track in the world, extending to 150 metres (492 feet). Nippon Steel & Sumitomo Metal said its extra-long rails are more durable than shorter ones that need to be welded together and can offer passengers a quieter, more comfortable ride. The company, the world's second-largest steelmaker after ArcelorMittal, has been making the 150-metre rails since 2002, but had to cut them to 25-metre or 50-metre units in order to send them to customers.

European auto market pulls away from crisis: trade data

Demand for cars in Europe moved up another gear in March and struggling French group Peugeot Citroen did well, trade data showed on Thursday, but the market is still suffering badly from a recent slump. Sales of new cars in the European Union surged by 10.6 percent last month on a 12-month comparison to a total of 1.45 million. Sales rose in all countries in March with the British market leading the way, jumping 17.7 percent, followed by an increase of 10.0 percent in Spain, 8.5 percent in France, 5.4 percent in Germany and 5.0 percent in Italy.

Hyundai Motor aims to sell more than 10,000 fuel cell cars in S. Korea by 2025

SEOUL, April 17 (Yonhap) -- Hyundai Motor Co., South Korea's No. 1 carmaker, said Thursday it plans to sell more than 10,000 fuel cell electric vehicles in its home market by 2025. Outlining its domestic green car road map for the Tuscon fuel cell electric vehicle (FCEV) to local media, Hyundai said it will start selling the cars in June, with total delivery expected to hit 40 within the year. Initial sales will be made to regional governments.

In green car race, Toyota adds muscle with fuel-cell launch

By Norihiko Shirouzu, Paul Lienert and Yoko Kubota TOYOTA CITY, Japan/IRVINE, California (Reuters) - In 1997, Toyota caught its competitors by surprise with the revolutionary Prius, the first commercially successful gasoline-electric hybrid car. Now, the Japanese firm is trying to do the same with a technology that seems straight out of science fiction. Toyota Motor Corp will next year launch a hydrogen-powered car in the United States, Japan and Europe. For now, people at Toyota are calling it the 2015 FC car, for fuel-cell.

Loud in a crowd: Nissan range gets grille makeover

By Norihiko Shirouzu BEIJING (Reuters) - Japanese carmaker Nissan Motor Co <7201.T> is going for a facelift to stand out from the crowd. In an increasingly competitive global market - in China alone there are some 80 automakers battling for sales - Nissan plans to put a V-shaped front grille design on most of its models to give itself a "distinct, unified face", says global design chief Shiro Nakamura.

Loud in a crowd: Nissan range gets grille makeover

By Norihiko Shirouzu BEIJING (Reuters) - Japanese carmaker Nissan Motor Co <7201.T> is going for a facelift to stand out from the crowd. In an increasingly competitive global market - in China alone there are some 80 automakers battling for sales - Nissan plans to put a V-shaped front grille design on most of its models to give itself a "distinct, unified face", says global design chief Shiro Nakamura.

China gears up for huge car show, eyeing growth prospects

Global automakers will flock to the largest car show in the world's biggest car market next week -- but environmental concerns and slowing Chinese economic growth mean the road ahead could be bumpy. The Beijing auto show, which opens to the public on Monday, will showcase more than 1,100 vehicles, according to organisers. Leading global automakers such as General Motors, Toyota, Volkswagen and Hyundai are set to attend along with domestic manufacturers SAIC Motor -- the country's biggest by sales -- and Dongfeng Motor.
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