Author: Automotive News Feed
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Europe’s car sales forecast to rise 3% in 2014, but price war to linger
Europe’s battered car market is set to grow in 2014 after its six-year slump comes to an end, but with some of the region’s carmakers saddled with losses that will weaken them for years, the rebound will be slow.
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http://www.nxtbook.com/nxtbooks/crain/ane_7844098824RBCKL
Turn the pages of the latest E-Magazine of Automotive News Europe on your computer
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Check out the ANE monthly e-magazine
The latest issue of the Automotive News Europe monthly e-magazine is ready for you to view. This edition explains why Europe’s battered car market is set to grow in 2014 after a six-year slump.
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Fiat-Chrysler likely to list stock in New York, further sidelining Italy
CEO Sergio Marchionne’s merger of carmakers Fiat and Chrysler will probably entail a share listing in the United States that cements North America as the group’s new center of gravity and further sidelines Italy.
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Mercedes beats BMW in U.S. luxury race
Mercedeshad to withstand another December charge by BMW to capture the U.S. luxury-brand sales crown for 2013 — the first time Mercedes finished on top since 1999. Fresh products did the trick, said Steve Cannon, CEO of Mercedes-Benz USA.