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United Kingdom

Autos

VW's Skoda to ponder U.S. production amid market push

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PARIS Volkswagen's Czech division Skoda said it will assess the possibility of building cars in the United States as it considers selling in the world's second largest auto market where its parent continues to grapple with an emissions scandal.

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Nissan sets 'hard Brexit' compensation condition for new UK investment 29 Sep 2016

PARIS/LONDON Nissan wants Britain to pledge compensation for any tax barriers resulting from its decision to leave the European Union, or the Japanese automaker could scrap a potential new investment in the country's biggest car plant, its CEO said on Thursday.

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Toyota drops diesel from new model, signals likely phase-out 29 Sep 2016

PARIS Toyota has decided to drop diesel engines from its new C-HR compact in the wake of Volkswagen's emissions scandal and will probably do the same for future model renewals, the carmaker's second-ranking global executive said on Thursday.

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Renault sees 'stabilisation' of European car market in 2017 29 Sep 2016

PARIS Renault expects the European car market to grow 5 percent this year before steadying in 2017, an executive at the French car manufacturer said on Thursday.

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VW brand CEO expects 2016 auto sales to grow year-over-year 29 Sep 2016

PARIS Volkswagen expects sales of its VW-branded cars to rise this year, brand chief Herbert Diess said on Thursday at the Paris car show.

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VW CEO hopeful of deal with U.S. authorities by year-end 29 Sep 2016

PARIS Volkswagen AG Chief Executive Matthias Mueller said on Wednesday he is hopeful the German automaker can reach agreement by the end of the year with the U.S. government on the size of a fine to settle a criminal investigation of the company's alleged violations of U.S. clean air laws.

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Spain looks at possible merger of Bankia and Banco Mare Nostrum 28 Sep 2016

MADRID Spain's bank rescue fund said on Wednesday it would look into a merger between state-owned banks Bankia and Banco Mare Nostrum (BMN) that would potentially create a new entity with total assets of over 240 billion euros (£206 billion).

Honda reports another Takata airbag rupture in fatal Malaysia crash 28 Sep 2016

KUALA LUMPUR Honda Motor Co Ltd said on Wednesday that the driver-side airbag inflator ruptured during a fatal crash in Malaysia, in the fourth death this year in the Southeast Asian country linked to airbags from supplier Takata Corp .

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Volkswagen says finances robust after media report knocks shares 27 Sep 2016

FRANKFURT Volkswagen said on Tuesday its finances remained robust as it sought to allay concerns after a share fall which some traders linked to a media report which said the U.S. Justice Department was assessing whether fines could put the automaker out of business.

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Diesel scrutiny shifts to London's building sites 27 Sep 2016

LONDON Volkswagen's admission it cheated pollution law has exposed a wider problem of diesel emissions from thousands of generators belching fumes across building sites and countryside.