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Production output decline slowing

By Alex Michaelides Motor Industry 24 July 2009 12:09 It appears there may be some light at the end of the tunnel for ailing car manufacturers as the most recent vehicle production figures are released. The data, presented by the Society of Motor Manufacturers and Traders (SMMT), show that, while production levels are still on the decline, the pace at which they are declining is slowing. Car production figures for June 2009 are still down by 30.2% compared with this time last year, however this is an improvement on the 50.2% by which production is down so far this year.

Audi Q5 Hybrid revealed +video

The Audi Q5 Hybrid gets revealed on the quiet I know, you’re thinking that Audi has decided to get some spoiler photos and powerplant details on the Audi Q5 Hybrid out in the open ahead of the Los Angeles Motor Show to spoil the normal leaks on a new model. But no, it’s a bit more peculiar than that. For some reason – and without fanfare or announcement – Audi has added details of the Q5 Hybrid to its websites.

U.S. says 90 percent of clunker claims have been approved

The U.S. Transportation Department says it has paid or approved $2.6 billion in cash-for-clunkers transactions, or 90 percent of the $2.9 billion submitted, as accelerated payments to dealers continue. A total of 534,598 claims for $2.3 billion were paid as of Sept.