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Truck Sales in Europe Slip 3%
1/28/2015Registrations of new commercial vehicles across Europe declined to 172,700 units last month from 177,500 units in December 2014, according to trade group ACEA.
U.S. Recall Costs Could Cut Hourly Worker Profit Sharing This Year
1/28/2015The costs of big safety recalls in 2014 are likely to trim profit-sharing checks for hourly workers at General Motors and Ford this year, The Detroit News reports.
VW Opens Its First Engine Plant in India
1/27/2015Volkswagen AG has launched production at its first engine making facility in India, a factory in Chakan that can build 98,000 diesel engines per year on three shifts.
GMC Ponders a Jeeplike SUV
1/27/2015General Motors Co.'s GMC brand is evaluating a plan to expand its truck lineup with a rugged offroader to compete with Fiat Chrysler Automobile NV's Jeep Wrangler SUV, sources tell The Wall Street Journal.
GM Considers Opel Minicar Variant for Buick in U.S.
1/27/2015The head of General Motors Co.'s Buick brand says he is eager to add a variant of the Opel Adam minicar in the American market.
Aston Martin Shareholder Vows Funding to Back New Products
1/27/2015London-based private equity firm Investindustrial, which owns 37.5% of Aston Martin Lagonda Ltd., tells Bloomberg News it will provide the iconic British luxury carmaker with "all funding needs" to keep its product development plans on schedule.
Mitsubishi Readies Small SUV for Geneva Auto Show
1/27/2015Mitsubishi Motors Corp. plans to use the Geneva auto show on March 3 to unveil a small SUV concept equipped with the company's latest plug-in hybrid propulsion system.
Bain to Buy TI Automotive
1/27/2015Oxford, England-based TI Automotive Ltd. has agreed to be acquired by private-equity firm Bain Capital LLC.
AM General to Build Mercedes R-Class Crossover
1/27/2015Daimler AG is assigning U.S. production of its Mercedes-Benz R-Class crossover to South Bend, Ind.-based assembly contractor AM General LLC.
Detroit Auto Show Attendance at 12-Year High
1/27/2015Organizers report the North American International Auto Show attracted 808,800 ticketed attendees, including 5,000 journalists during preview week, before closing on Sunday.