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PGM PRODUCERS: Sibanye ‘lying’ about need for layoffs – Amcu’s Mathunjwa

Lonmin made a net profit of R68 billion year-on-year from 2017 to 2018, he said, adding that job cuts have nothing to do with financial losses.

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ELECTRIC VEHICLES: Tesla Model 3 passes VW Polo as No. 1 seller in Dutch market

Tesla's Model 3 has moved past the Volkswagen Polo to become the best-selling model in the Netherlands.

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AUTO NEWS: Toyota Establishes Joint Research Institute with China's Tsinghua University

  • Date: 02-10-19
  • Category: AUTO NEWS
  • Source: Just Auto

Toyota says it is to establish a 'Joint Research Institute' with China's Tsinghua University. Through the Joint Research Institute, the two plan to conduct various research together over the next five years.

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SOUTH AFRICA: Mathunjwa decries government snubbing AMCU's elective congress

  • Date: 02-10-19
  • Category: SOUTH AFRICA
  • Source: Eye Witness News

JOHANNESBURG - The Association of Mineworkers and Construction Union (Amcu) on Tuesday decried government ministers’ snubbing of its elective congress last week.

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CHROME: The great Samancor ‘heist’

  • Date: 02-10-19
  • Category: CHROME
  • Source: Daily Maverick

Theft and corruption totalling over $500-million (about R7.5-billion now) is being alleged in court proceedings pitting workers against Samancor Chrome, one of South Africa’s major privately-owned mining and minerals processing companies, and its previous owner and chair, Croatian billionaire Danko Končar.

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AUTO PRODUCTION: Strike hits Fiat Chrysler plant in Italy after death of worker

MILAN (Reuters) - A Fiat Chrysler (FCHA.MI) worker died overnight in an accident at the group’s factory in Cassino, central Italy, prompting unions to launch a strike at the plant to demand tighter safety measures, officials said on Tuesday.

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AUTO SALES: Grim Start to U.S. Auto Sales Stirs Alarm That Collapse Is Here

  • Date: 01-10-19
  • Category: AUTO SALES
  • Source: Bloomberg

U.S. auto sales took a big step back in September, setting the stage for hefty incentive spending by carmakers struggling to clear old models from dealers’ inventory.

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AUTO SALES: Retail Auto Sales Jump To 10-Month High In September On Festive Season Discounts

  • Date: 01-10-19
  • Category: AUTO SALES
  • Source: Bloomberg Quint

Retail auto sales, measured by the number of new vehicles registered across India, jumped to the highest in 10 months in September as heavy discounts ahead of the festive season lured buyers into the showrooms.

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