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Japan Emerges from Recession
2/16/2015Japan's gross domestic product grew by an annualized 2.2% in October-December and 0.6% from the third to fourth quarter, according to government data.
Ford Now Employs More U.S. Hourly Workers Than GM
2/16/2015For the first time since the 1930s, Ford Motor Co. employs more hourly workers in the U.S. than does General Motors Co., according to Automotive News.
GM Confirms Plans to Build Bolt Electric Sedan
2/15/2015General Motors Co. confirms a Reuters report last week that it will produce the all-electric Chevrolet Bolt.
U.S. Recalls Soar to Record High
2/15/2015Carmakers recalled 63.9 million vehicles in the U.S. last year, more than double the previous record of 30.8 million in 2004, according to the National Highway Traffic Safety Administration.
Honda Drops 2017 Sales Target Amid Quality Woes
2/13/2015Honda Motor Co. has shelved plans to push its annual sales volume to 6 million units by 2017.
Tesla Plans Home Energy Storage System
2/13/2015Tesla Motors Inc. plans this spring to debut a home energy storage system that combines solar panels and a lithium-ion battery, according to CEO Elon Musk.
Toyota’s Union Ask for 6,000-Yen Raise
2/13/2015The union representing Toyota Motor Corp.'s hourly workers tells Bloomberg News it is asking the company for a 1.7% monthly increase in base pay for its 63,000 members.
Special Charges Hurt TRW Earnings
2/13/2015TRW Automotive Holdings Corp. reports a net loss of $360 million in the fourth quarter of 2014, reversing a $363 million profit a year earlier.
Nissan Plans Flywheel Hybrid for LeMans Race
2/13/2015Nissan Motor Co. plans to compete at the LeMans 24 Hours race in mid-June with a flywheel hybrid entry that can briefly boost powertrain output by 700 hp.
Renault Delays Plan to Consolidate AvtoVAZ
2/13/2015Renault SA says it will probably delay until next year plans to consolidate its Lada-making OAO AvtoVAZ unit, Bloomberg News reports.