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Takata: Nearly 34 Million U.S. Cars Have Defective Airbag Inflators
5/19/2015Takata Corp. says it has supplied 33.8 million vehicles in the U.S. with defective driver and front passenger airbag inflators that could explode when triggered.
AT&T Streams Ahead with Connected Car Services
5/19/2015AT&T Inc. plans to add exclusive content, including unique games and videos that can be streamed onto smartphones and other mobile electronic devices, to its Drive connected-car platform later this year.
Economic Sentiment Drops in Germany
5/19/2015Slower than expected economic growth in the first quarter of 2015 prompted Germany's financial community to soften its outlook for the country's economy, according to the latest economic sentiment indicator from ZEW (Mannheim Center for European Economic Research).
Toyota Takes a Closer Look at Fuel Cell Performance
5/19/2015Toyota Motor Corp. and Japan Fine Ceramics Center (JFCC) have developed a new way to monitor the behavior of nanometer-sized platinum particles during chemical reactions in fuel cells.
Conti Buys Elektrobit’s Automotive Unit
5/19/2015Continental AG is buying software developer Elektrobit Automotive GmbH for €600 million.
European Car Sales Climb 7%
5/19/2015Passenger vehicle deliveries across Europe grew to 1.21 million in April from 1.13 million a year earlier, trade group ACEA reports.
Tata Debuts GenX Nano
5/19/2015Today Tata Motors Ltd. is introducing the all-new GenX Nano, an upmarket version of its ultra-low-priced Nano sedan.
Ghosn: No Need to Restructure Renault-Nissan Alliance
5/19/2015Carlos Ghosn, CEO of Renault SA and Nissan Motor Co., tells reporters the alliance between the companies is "stable" and doesn't need an adjustment in its capital structure.
Two Investors Sue Turnaround Queen Tilton for Fraud
5/19/2015Two investors in funds managed by Patriarch Partners LLC say the firm, headed by turnaround expert Lynn Tilton, gave them false and misleading information, Bloomberg News reports.
GM Expects to Maintain Profit Margins in China
5/19/2015General Motors Co. expects to sustain profit margins of 9%-10% in China in spite of the market's rising price pressures and shrinking growth rate.