<?xml version="1.0" encoding="utf-8" ?><rss version="2.0"><channel><title>Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.</title><link>http://autonews.gasgoo.com/index.html</link><description><font></font>Gasgoo automotive news covers China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.</description><item><title><![CDATA[Volvo Cars gains market share after 'the darkness']]></title><link>http://autonews.gasgoo.com/auto-news/1012853/Volvo-Cars-gains-market-share-after--the-darkness-.html</link> <description><![CDATA[Volvo Cars, the Swedish automaker that Geely Holding Group Co. wants to buy from Ford Motor Co., is gaining market share as the industry shows signs of recovering from the global recession.]]></description><copyright>Gasgoo.Com</copyright><pubDate>2009-11-07 10:56</pubDate></item><item><title><![CDATA[Audi expects 2009 sales to exceed 920,000 vehicles]]></title><link>http://autonews.gasgoo.com/auto-news/1012851/Audi-expects-2009-sales-to-exceed-920-000-vehicles.html</link> <description><![CDATA[Volkswagen&apos;s premium brand Audi expects its vehicle sales to fall less than previously thought to over 920,000 vehicles this year, Audi sales chief Peter Schwarzenbauer told a German newspaper.]]></description><copyright>Gasgoo.Com</copyright><pubDate>2009-11-07 10:31</pubDate></item><item><title><![CDATA[Mercedes-Benz Oct sales up 4.1% to 97,700 vehicles]]></title><link>http://autonews.gasgoo.com/auto-news/1012850/Mercedes-Benz-Oct-sales-up-4-1-to-97-700-vehicles.html</link> <description><![CDATA[Daimler AG said Friday that sales at its core Mercedes-Benz Cars division rose 4.1% on the year in October to 97,700 vehicles, marking the first monthly increase in 2009.]]></description><copyright>Gasgoo.Com</copyright><pubDate>2009-11-07 10:25</pubDate></item><item><title><![CDATA[Magna focusing on core business after Opel saga]]></title><link>http://autonews.gasgoo.com/auto-news/1012844/Magna-focusing-on-core-business-after-Opel-saga.html</link> <description><![CDATA[Magna International Inc is not looking at taking over any other automakers following the collapse of its deal to buy a stake in General Motors Co&apos;s European operations, the auto parts maker&apos;s co-CEO, Don Walker, said on Thursday.]]></description><copyright>Gasgoo.Com</copyright><pubDate>2009-11-06 17:25</pubDate></item><item><title><![CDATA[Kia Motors aims for 17% U.S. sales growth in 2010]]></title><link>http://autonews.gasgoo.com/auto-news/1012843/Kia-Motors-aims-for-17-U-S--sales-growth-in-2010.html</link> <description><![CDATA[Kia Motors Corp., South Korea&apos;s second-biggest carmaker, aims to increase U.S. sales as much as 17 percent next year as it rolls out new models and predicts a recovery in industrywide demand.]]></description><copyright>Gasgoo.Com</copyright><pubDate>2009-11-06 17:20</pubDate></item><item><title><![CDATA[Renault, Nissan to form car battery JV with French state]]></title><link>http://autonews.gasgoo.com/auto-news/1012836/Renault--Nissan-to-form-car-battery-JV-with-French-state.html</link> <description><![CDATA[Renault SA and alliance partner Nissan Motor Co. will develop and make electric-car batteries in a French government-backed joint venture with the country&apos;s CEA energy research agency.]]></description><copyright>Gasgoo.Com</copyright><pubDate>2009-11-06 09:40</pubDate></item><item><title><![CDATA[Chrysler IPO may value automaker at $8 bln]]></title><link>http://autonews.gasgoo.com/auto-news/1012834/Chrysler-IPO-may-value-automaker-at-$8-bln.html</link> <description><![CDATA[Chrysler Group LLC, the U.S. car company run by Fiat SpA, may have an equity value of as much as $8 billion if it sells shares to the public in two years, Citigroup Inc. said. 
Analysts led by John Lawson placed Chrysler&apos;s equity value to Fiat at 1.4 euros ($2.08) a share in a report issued today.]]></description><copyright>Gasgoo.Com</copyright><pubDate>2009-11-06 09:29</pubDate></item><item><title><![CDATA[Obama to push S. Korea to allow more U.S. autos]]></title><link>http://autonews.gasgoo.com/auto-news/1012833/Obama-to-push-S--Korea-to-allow-more-U-S--autos.html</link> <description><![CDATA[The Obama administration, backing a request by Ford Motor Co., said South Korea should &amp;quot;level the playing field&amp;quot; by removing barriers to U.S. automobile sales in order to clear the way for a pending free-trade agreement.]]></description><copyright>Gasgoo.Com</copyright><pubDate>2009-11-06 09:24</pubDate></item><item><title><![CDATA[GM criticized for keeping Opel, doubts raised about sale]]></title><link>http://autonews.gasgoo.com/auto-news/1012831/GM-criticized-for-keeping-Opel--doubts-raised-about-sale.html</link> <description><![CDATA[As General Motors&apos; new board of directors became more immersed in the automaker&apos;s business, it began to question more and more the idea of selling off a majority stake in the company&apos;s Opel division, a top executive indicated Wednesday.]]></description><copyright>Gasgoo.Com</copyright><pubDate>2009-11-05 18:22</pubDate></item><item><title><![CDATA[Chrysler puts motorsports program under review]]></title><link>http://autonews.gasgoo.com/auto-news/1012830/Chrysler-puts-motorsports-program-under-review.html</link> <description><![CDATA[Chrysler has put its motorsports program, which includes NASCAR, under review as part of a restructuring announced on Wednesday, but does not plan to cut spending at this time.]]></description><copyright>Gasgoo.Com</copyright><pubDate>2009-11-05 18:19</pubDate></item><item><title><![CDATA[Toyota pulls out of Formula One racing to cut costs]]></title><link>http://autonews.gasgoo.com/auto-news/1012821/Toyota-pulls-out-of-Formula-One-racing-to-cut-costs.html</link> <description><![CDATA[
Toyota is pulling out of Formula One racing.
The world&apos;s largest automaker announced Wednesday it needs to cut costs and focus on its core business.]]></description><copyright>Gasgoo.Com</copyright><pubDate>2009-11-05 09:33</pubDate></item><item><title><![CDATA[Tata plans 25,000 Jaguar XJs a year, rivaling BMW]]></title><link>http://autonews.gasgoo.com/auto-news/1012819/Tata-plans-25-000-Jaguar-XJs-a-year--rivaling-BMW.html</link> <description><![CDATA[Tata Motors Ltd. will build as many as 25,000 Jaguar XJ luxury cars annually starting next quarter in a bid to take customers from Bayerische Motoren Werke AG&apos;s 7 Series and Daimler AG&apos;s Mercedes S Class.]]></description><copyright>Gasgoo.Com</copyright><pubDate>2009-11-05 09:19</pubDate></item><item><title><![CDATA[BMW profit drops 74% as recession saps luxury sales]]></title><link>http://autonews.gasgoo.com/auto-news/1012818/BMW-profit-drops-74-as-recession-saps-luxury-sales.html</link> <description><![CDATA[Bayerische Motoren Werke AG, the world&apos;s largest maker of luxury cars, reported a 74 percent plunge in third-quarter profit as the recession sapped demand for higher-priced models.]]></description><copyright>Gasgoo.Com</copyright><pubDate>2009-11-05 09:14</pubDate></item><item><title><![CDATA[Hyundai leads U.S. sales rally for Asian carmakers]]></title><link>http://autonews.gasgoo.com/auto-news/1012815/Hyundai-leads-U-S--sales-rally-for-Asian-carmakers.html</link> <description><![CDATA[Hyundai Motor Co., South Korea&apos;s biggest carmaker, led Asia-based automakers to a U.S. sales increase last month as industrywide demand stabilized amid signs of economic recovery. 
Hyundai said its October sales in the U.S. jumped 49 percent from a year earlier, while affiliate Kia Motors Corp.]]></description><copyright>Gasgoo.Com</copyright><pubDate>2009-11-04 16:24</pubDate></item><item><title><![CDATA[Toyota raises production plan to 7M units this year]]></title><link>http://autonews.gasgoo.com/auto-news/1012808/Toyota-raises-production-plan-to-7M-units-this-year.html</link> <description><![CDATA[Toyota Motor Corp. raised its global production plan for the current fiscal year to 7 million vehicles from a previous target of 6.67 million, the Yomiuri newspaper reported, without saying where it obtained the information. 
The plan excludes subsidiaries such as Daihatsu Motor Co.]]></description><copyright>Gasgoo.Com</copyright><pubDate>2009-11-04 10:08</pubDate></item><item><title><![CDATA[Russia govt pledges 55 bln rouble for AvtoVAZ]]></title><link>http://autonews.gasgoo.com/auto-news/1012807/Russia-govt-pledges-55-bln-rouble-for-AvtoVAZ.html</link> <description><![CDATA[The Russian government plans to raise 54.8 billion roubles ($1.88 billion) on the market to help troubled car maker AvtoVAZ settle its debts, Prime Minister Vladimir Putin said on Tuesday.]]></description><copyright>Gasgoo.Com</copyright><pubDate>2009-11-04 10:03</pubDate></item><item><title><![CDATA[GM sees October sales bounce, Chrysler plunges]]></title><link>http://autonews.gasgoo.com/auto-news/1012806/GM-sees-October-sales-bounce--Chrysler-plunges.html</link> <description><![CDATA[General Motors posted its first monthly sales increase in nearly two years on Tuesday as a rebound in industrywide U.S. auto sales in October pointed toward a gradual recovery for the battered sector.
Chrysler was the weakest of the large automakers.]]></description><copyright>Gasgoo.Com</copyright><pubDate>2009-11-04 09:57</pubDate></item><item><title><![CDATA[GM opts to keep Opel, scraps sale to Magna]]></title><link>http://autonews.gasgoo.com/auto-news/1012805/GM-opts-to-keep-Opel--scraps-sale-to-Magna.html</link> <description><![CDATA[The board of General Motors Co has opted to keep Opel, undoing months of painstaking negotiations to sell the European unit to a Russian-backed group led by Canada&apos;s Magna.]]></description><copyright>Gasgoo.Com</copyright><pubDate>2009-11-04 09:52</pubDate></item><item><title><![CDATA[Monthly sales of Hyundai Sonata hit 13-year record]]></title><link>http://autonews.gasgoo.com/auto-news/1012798/Monthly-sales-of-Hyundai-Sonata-hit-13-year-record.html</link> <description><![CDATA[The Hyundai Sonata was the most popular car in Korea in October. The nation&apos;s largest carmaker sold more than 21,700 Sonatas, including 3,795 previous generation models, in the domestic market last month, the first time monthly sales of the mid-size sedan have topped 20,000 in 13 years.]]></description><copyright>Gasgoo.Com</copyright><pubDate>2009-11-03 14:47</pubDate></item><item><title><![CDATA[Credit crutch lost, U.S. auto demand may stay low]]></title><link>http://autonews.gasgoo.com/auto-news/1012797/Credit-crutch-lost--U-S--auto-demand-may-stay-low.html</link> <description><![CDATA[One of main lessons of the brutal U.S. recession -- that loose credit terms can come back to bite lenders -- may keep the U.S. auto market from returning to the peaks it hit earlier this decade.]]></description><copyright>Gasgoo.Com</copyright><pubDate>2009-11-03 14:26</pubDate></item></channel></rss>