Ford Motor Co. Chief Executive Alan Mulally is expected to announce in India today that the automaker will build a new small car there, the Ford Figo, for sale in India and for export within the Asia-Pacific region and to Africa.
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Adding to its automotive empire, Fiat announced on Monday that it has signed a partnership with China’s Guangzhou Automobile Industry Group. The 50-50 joint venture will see Guangzhou building Fiat vehicles and engines in China by 2011.
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Volkswagen – Europe’s largest automaker — is said to be considering a tie-up with Japan’s Suzuki to gain access to the automaker’s small car know how. Suzuki’s small car experience has vaulted the comparably small automaker to become the number two selling marque in Japan, trailing only Toyota.
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