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AM General Begins Production of Mercedes R-Class Minivans
8/12/2015U.S. military vehicle maker AM General LLC began making the Mercedes-Benz R-Class luxury minivan in Indiana on Tuesday.
BMW Heir Asks for Exemption to Required Takeover Bid Rule
8/12/2015A member of the Quandt family, which owns nearly 47% of BMW AG, has asked Germany's BaFin regulatory agency to be exempted from making an offer to acquire the entire company.
Takata Proposes Longevity Tests for Airbag Inflators
8/12/2015Takata Corp. has suggested a testing procedure to assess the quality and durability of its replacement airbag inflators that are part of campaigns to replace some 34 million defective devices.
Hyundai Plans “Wage Peak” Payment Scheme
8/11/2015Hyundai Motor Group intends to begin paying employees next year under a scheme in which wages peak, then decline as retirement approaches, Reuters reports.
Ford to Assemble Ranger Pickup Trucks in Nigeria
8/11/2015Ford Motor Co. plans to begin assembling midsize Ranger pickup trucks in Ikeja, Nigeria, in the fourth quarter of 2015.
Ford Hires GM Exec to Head Marketing in China
8/11/2015Ford Motor Co. has hired Joseph Liu, who retired last year as executive vice president at Shanghai GM, as head of marketing and sales in China.
Cadillac Aims to Become Its Own Business Unit by 2017
8/11/2015Cadillac brand President Johan de Nysschen tells analysts the General Motors Co. until will become a separate business unit in two years, Automotive News reports.
JLR Choses Slovakia for New Assembly Plant
8/11/2015Jaguar Land Rover Ltd. has signed a letter of intent to erect an assembly plant in Nitra, Slovakia.
Developer Readies Titanium Supercar
8/11/2015Icona Design & Engineering Co. will take the wraps of the second iteration of its Vulcano supercar concept next week at the Pebble Beach Concours d'Elegance show in California.
German Economic Sentiment Slides Again
8/11/2015Germany's financial market continues to grow more cautious about the country's economic future, according to the closely watched ZEW Indicator of Economic Sentiment.