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Ford, GM May Seek Lower Third-Tier Wages
3/24/2015Ford and General Motors are likely to launch this summer's labor talks with a proposal to create a third tier of wages below the two tiers currently in place, sources tell Bloomberg News.
Russia Hikes Aid to Auto Industry Again
3/24/2015Last week the Russian government extended a vehicle scrappage program with 10 billion rubles (€155 million) in new funding.
Jaguar Expands Warranty Coverage
3/24/2015Jaguar Land Rover Ltd. is expanding warranties and offering free routine maintenance for some of its vehicles.
GM Will Make Next-Generation Chevrolet Cruze in Mexico
3/24/2015General Motors Co. says it will spend $350 million to prepare its factory in Ramos Arizpe, Mexico, to build the next-generation Chevrolet Cruze small sedan.
Nissan to Offer Airbags in Datsun Model in India
3/23/2015Nissan Motor Co. will add airbags to its Datsun Go small car in India this summer after the car failed crash tests by the U.K.-based Global New Car Assessment Program.
Volvo Regionalizes Senior Management Structure
3/23/2015Volvo Cars Corp. has restructured its senior managers around three new business regions: Asia, the Americas and Europe/Middle East/Africa.
Fatalities Linked to GM Ignition Switches Now at 74
3/23/2015The number of fatalities attributed to defective General Motors Co. ignition switches by GM's compensation fund has grown to 74 from 67 last week, according to program administrators.
ChemChina Confirms Bid for Pirelli
3/23/2015China National Chemical Corp. (ChemChina) confirms its plan to acquire tiremaker Pirelli & Co.
VW to Cut Jobs, Production In Russia
3/23/2015Volkswagen AG says slumping sales, a weak ruble and no sign of economic recovery have prompted it to lower output and trim the workforce at its assembly plant in Kaluga, Russia.
BMW’s Mexico Plant to Offset Slower Sales Growth in China
3/23/2015BMW AG says the factory it will open in Mexico four years from now will help offset expected slower sales growth and lower profits in China.