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POLLUTION: Daimler welcomes German federal government's concept for cleaner air

  • Date: 16-11-18
  • Category: POLLUTION
  • Source: Daimler

Daimler supports the concept of the German federal government and will implement further wide-ranging measures to speed up the improvement of air quality in priority regions defined by the government. The package of measures builds on the existing plan to strengthen the future of the Diesel engine that has been in effect since July 2017 and includes an attractive diesel trade-in program.

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RUTHENIUM: NGK Unveils High Ignitability Spark Plug Line

  • Date: 15-11-18
  • Category: RUTHENIUM
  • Source: Modern Tire Dealer

The new NGK Ruthenium HX spark plug line from NGK Spark Plugs (U.S.A) Inc. consists of 25 part numbers covering over 200 million vehicles currently in operation.

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CHINA: China state planner douses hopes for auto tax cuts, tells sector to buckle up

  • Date: 15-11-18
  • Category: CHINA
  • Source: REUTERS

BEIJING/SHANGHAI (Reuters) - China’s powerful state planner said on Thursday it had not considered reducing the vehicle purchase tax, seemingly pouring cold water on industry hopes that Beijing might cut the tariff by half to shore up the flagging auto market.

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AUTO SALES: European Car Sales Slump Again, Testing VW's Upbeat Outlook

  • Date: 15-11-18
  • Category: AUTO SALES
  • Source: Bloomberg

European carmakers had another difficult month in October with car registrations slumping once more, putting to the test a fourth-quarter bounce-back projected by Volkswagen AG and Daimler AG.

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JEWELLERY: Industry, retailers seek new ways to spur platinum jewellery demand in China

  • Date: 15-11-18
  • Category: JEWELLERY
  • Source: Mining Weekly

The platinum industry is, together with key retailers, changing its strategy in China to try to reignite platinum jewellery demand in that market, says financial services provider BMO Capital Markets.

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MACROECONOMICS: Japan's economy contracts in third quarter, trade war clouds rebound outlook

Japan’s economy shrank more than expected in the third quarter, hit by natural disasters and a decline in exports, a worrying sign that trade protectionism is starting to take its toll on overseas demand.

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MACROECONOMICS: Euro zone GDP growth rate confirmed at four-year low

The euro zone economy grew at its slowest pace in four years in the third quarter of 2018, while employment growth also eased during the period, data released on Wednesday showed.

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AUTO SALES: China car market on verge of rare annual contraction after Oct sales slide

  • Date: 14-11-18
  • Category: AUTO SALES
  • Source: Reuters

BEIJING (Reuters) - China’s automobile sales fell 11.7 percent in October, bringing the world’s biggest car market closer to an annual contraction not seen since at least 1990.

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