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Opel Planning Electric Karl Minicar
1/23/2015General Motors Co.'s Adam Opel unit is developing an all-electric powertrain option for its new Karl five-door hatch, according to Autobild magazine.
Ford Takes Writedown on Venezuelan Currency
1/23/2015Ford Motor Co. is taking a $800 million pretax charge in the fourth quarter of 2014 because of its inability to exchange dollars for Venezuelan bolivars.
South Korea’s Economic Growth Stalls
1/23/2015South Korea's economy grew by a seasonally adjusted 0.4% in last year's fourth quarter compared with 0.9% in the previous quarter and 2.7% in October-December 2013.
Kia Sees Need for a Factory in India
1/23/2015Kia Motors Corp. has almost no presence in India, thanks to high import taxes and the lack of local production capacity.
PSA Scales Down Its "Hybrid Air" Project
1/23/2015PSA Peugeot Citroen is lowering its expectations for the hybrid powertrain it has developed with Robert Bosch GmbH.
Fiat Chrysler Posts 7% Growth Worldwide
1/23/2015Fiat Chrysler Automobiles NV sold 4.75 million vehicles worldwide last year, up 7% from 2013.
Harman Spends $950 Million to Buy Two Software Companies
1/23/2015Harman International Industries Inc. is investing $950 million in two deals to expand its services and connected-devices capabilities.
GM Says Opel Turnaround Is on Track
1/23/2015General Motors Co. tells Bloomberg News that efforts to return the carmaker's Adam Opel AG unit to profitability within a few years remain on schedule in spite of Europe's sluggish car market.
No Small SUV from Cadillac Until 2018
1/22/2015General Motors Co.'s Cadillac unit is developing a small SUV, but the vehicle won't arrive for at least four years, according to President Johan de Nysschen.
Continental Expands Electronic Tech Center in India
1/22/2015Continental AG has opened a 140,000-sq-ft addition to its electronics and software Technical Center India facility in Bangalore.