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U.S. Car Sales Climb Nearly 5% in February
3/3/2015Carmakers sold 1.26 million vehicles in the U.S. last month compared with 1.19 million in February 2014, Autodata Corp. reports.
Goodyear Tire Concepts Make Electricity, Adjust to Road Conditions
3/3/2015Two tire technologies one that generates electricity and one that adjusts the tread to optimize grip under various road conditions have been unveiled at the Geneva auto show by Goodyear Tire & Rubber Co.
VW to Buy 25% Stake in Carbon-Fiber Supplier
3/3/2015Volkswagen AG's Porsche unit is preparing to acquire a 25% stake in German carbon-fiber maker Capricorn Composite GmbH.
Marchionne Coy about “Ideal” Merger Partner
3/3/2015Fiat Chrysler Automobiles NV CEO Sergio Marchionne says he has an ideal candidate in mind for a merger with FCA, but he won't say who.
Toyota Axes Venza Crossover
3/3/2015Toyota Motor Corp. says it will stop making its slow-selling Venza midsize crossover for the U.S. market in June and phase out export versions in September 2017.
Five Victims Reject GM Ignition Switch Offer
3/2/2015Five victims injured in crashes linked to defective General Motors Co. ignition switches have rejected settlements offered by the company, The Detroit News reports.
GMC Aims for Big Gains in Truck Market Share
3/2/2015The head of sales for General Motors Co.'s GMC brand tells reporters the unit intends to hike its share of the American light truck market from 3% today to at least 5% in 10 years by broadening its product line and doubling its advertising.
Takata Says Heat, Humidity Cause Inflator Failures
3/2/2015Takata Corp. says tests appear to confirm that failures of its airbag inflators are caused by long exposure to heat and high absolute humidity.
Nissan Aims to Overtake Honda in U.S.
3/2/2015Nissan Motor Co. tells reporters it expects to surpass Honda Motor Co.'s share of the U.S. market by April 2017.
Takata Hikes Airbag Inflator Production Capacity 29%
3/2/2015Takata Corp. says its monthly capacity to make replacements for its defective airbag inflators has climbed to 450,000 units from 350,000 in December.