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Lexus Unveils Angular Minicar Concept
3/8/2015Toyota Motor Corp.'s Lexus unit used this week's Geneva auto show to present the LF-SA, a highly sculpted 2+2 urban minicar concept.
Audi Factory Tests Robots to Shuttle Cars
3/8/2015Audi AG's car plant in Ingolstadt, Germany, is testing a pair of robotic systems that pick up and transport cars to an interim storage area, then arrange them according to shipping destination The robot system, dubbed Ray, was developed by Grabenstatt-based Serva Transport Systems GmbH.
FCA Ignition-Switch Recall Expands to 702,600 Units
3/8/2015Fiat Chrysler Automobiles NV is expanding a recall to repair ignition switches that could be jolted out of the "on" position, thus turning off the engine and disabling the power steering, power brakes and airbag system.
U.S. Jobs Up, Unemployment Down
3/6/2015The jobless rate in the U.S. fell to a six-year low of 5.5% in February, according to the Dept. of Labor.
China Encouraging Non-Carmakers to Develop EVs
3/6/2015China's central government plans to encourage Internet companies and others outside the traditional auto industry to develop electric cars.
Ford Trims Layoff Plan for Romanian Factory
3/6/2015Ford Motor Co. will lay off about 500 workers, not nearly 700 as it predicted last November, at its B-Max van MPV plant in Craiova, Romania, this year, Reuters reports.
Nissan Expands Hood Latch Recall
3/6/2015Nissan Motor Corp. is broadening a recall of its Altima sedans in the U.S. and Canada from 238,000 units to more than 878,000 to fix a secondary hood latch that may not work.
Daimler Announces Sprinter Van Plant for U.S.
3/6/2015Daimler AG will spend $500 million to build a factory in Ladson, S.C., to make Mercedes-Benz Sprinter delivery vans.
Euro Sinks to Near Parity with U.S. Dollar
3/6/2015The euro has weakened against the American dollar from $1.40 last spring to a 12-year-low of about $1.09 today.
Marchionne’s Compensation Jumps 45%
3/6/2015Fiat Chrysler Automobiles NV CEO Sergio Marchionne received about €6.6 million in total compensation in 2014 as he completed the merger of the two companies, according to regulatory filings.