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Hyundai increases its European Market share by 10%

Despite a weak car sales market across Europe, Hyundai has managed to increase its market share in January 2013 by almost 10 per cent. As we reported just the other day, the European car market is in a bit of a mess with sales down by 9.6% in January 2013 and even the mighty sales of the VW Golf – Europe’s best-selling car – dropping by 17.8 per cent. But despite the European car market falling back, Hyundai has managed to increase its market share in Europe by almost 10 per cent, from 3.3 per cent in January 2012 to 3.6 per cent in January 2013.

Ford speeds up effort to cut vehicle platforms

Ford Motor Co. is accelerating its One Ford global product development plan by reducing its target for vehicle platforms worldwide to nine from 11 previously, and by moving the target date up to 2013 from 2014, global marketing chief Jim Farley said Wednesday. "It won't be 11 platforms" as earlier planned, Farley said at the Automotive News World Congress.

Microsoft CEO Steve Ballmer gets Ford with 1-millionth Sync system

It's taken a little more than two years for Ford to build 1 million vehicles with the Sync entertainment and communications system, and the automaker marked the milestone by having Ford CEO Alan Mulally deliver a Ford Fusion hybrid with the 1-millionth system to Microsoft CEO Steve Ballmer. Ford also let Mulally, a former Boeing executive, make a return visit to Seattle, home to the Microsoft headquarters. Microsoft supplies the software that is the heart of the Sync system.