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BMW Plans Coupe-Like X2 Crossover
5/15/2015BMW AG expects to begin prototype road tests later this month of a new X2 small crossover expected to go on sale in 2017, sources tell Autocar.
Isuzu Targets Growth in Emerging Markets
5/15/2015Isuzu Motors Ltd. is investing in local production and new dealerships in China, India and other emerging markets, The Nikkei notes.
Takata Wants to Pay Recall Costs in Installments
5/15/2015Takata Corp. has asked carmakers to allow the company to pay over time for recalls related to its flawed airbag inflators, a source tells Bloomberg News.
Ford Expects Big Profit Surge This Year
5/15/2015Ford Motor Co. CEO Mark Fields tells shareholder the company will deliver "breakthrough" results in the second half of 2015.
Takata Won’t Bolster Cash Reserves for Expanding Airbag Recalls
5/14/2015This week Japanese carmakers said they will recall another 11.5 million vehicles to replace Takata Corp. inflators that could explode.
Ford Chimes In
5/14/2015Many electronic features in today's vehicles come with their own audio alerts.
Justice Dept. Indicts Another Former Exec for Price Fixing
5/14/2015The U.S. Dept. of Justice has indicted Michitaka Sakum, former executive managing director of Japanese radiator supplier T.RAD Co., with fixing prices on radiators.
Court Upholds Dismissal of $450 Million Retiree Claim Against GM
5/14/2015A federal appeals court has upheld a lower court dismissal of a lawsuit claiming General Motors Co. owed $450 million in medical benefits to workers at Delphi Automotive plc.
GM Details $1 Billion Tech Center Project
5/14/2015General Motors Co. confirms it will invest $1 billion into its technical center in Warren, Mich.
Luxury Jeep in the Works
5/14/2015Fiat Chrysler Automobiles NV's Jeep unit is planning a luxury model that could top $100,000, Bloomberg News reports.