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India’s Economy Expands 7.5%
6/1/2015India's economy grew 7.5% in the first three months of 2015 compared with the same period last year, according to the government's new way of calculating gross domestic product.
Suzuki Launches New Auto Plant in Indonesia
6/1/2015Suzuki Motor Corp. has officially opened its third car assembly plant in Indonesia, expanding annual capacity in the country by 50% to 316,000 units.
GM, Subaru Expand Takata Airbag Recalls
6/1/2015General Motors Co. and Subaru maker Fuji Heavy Industries Ltd. are adding a combined 411,300 vehicles to previous recalls to replace defective Takata Corp. airbag inflators that could explode.
U.S. Economy Shrank in First Quarter
6/1/2015America's gross domestic product contracted by an annualized 0.7% in January-March compared with the same period in 2014, according to the U.S.
BMW Will Add X4 Crossover Assembly in Russia
6/1/2015BMW AG tells Automotive News Europe it will assemble its new coupelike X4 crossover in Russia with local partner ZAO Avtotor.
California Tweaks EV Rules for Smaller Carmakers
6/1/2015California has rejected a plea from low-volume carmakers to be spared from a rule requiring them to sell zero-emission vehicles in the state, Automotive News reports.
EPA Trims Bio-Fuel Mandate
6/1/2015The U.S. Environmental Protection Agency plans to lower the mandated 2015 and 2016 ethanol quotas for the oil industry.
Skoda Fined €1.8 Million for Profit Margin Fixing
6/1/2015The Czech Republic has fined Volkswagen AG's Skoda unit 49 million Czech korunas (€1.8 million) for manipulating distributor margins in 2011-2012, Reuters reports, citing the government's anti-monopoly Web site.
Tiny 4-Door Bimmer in the Works
5/29/2015BMW AG is developing a new four-door version of its 2 Series Coupe to compete against the Mercedes-Benz CLA, unnamed company sources tell Auto Motor und Sport.
Daimler to Market Lithium-ion Batteries for New Uses
5/29/2015In June, Daimler AG will begin marketing Mercedes-Benz-branded lithium-ion batteries for stationary energy storage.