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FCA’s Pretax Profit Rises 7%
10/30/2014Fiat Chrysler Automobiles NV posted earnings before interest and taxes of €926 million in the third quarter compared with €862 million in the same period of 2013.
FCA to Spin Off Ferrari
10/30/2014Fiat Chrysler Automobiles NV is expected to raise about €910 million by selling 10% of its legendary Ferrari SpA unit in the form of a share sale.
DeVito to Head Tech Operations for Eaton's Vehicle Group
10/30/2014Eaton Corp. has appointed Gerald DeVito to become vice president of technology for its Vehicle Group, effective Nov. 1.
Fed Ends Quantitative Easing Program
10/30/2014This week the Federal Reserve will phase out the debt purchase initiative it launched two years ago to bolster the American economy.
Renault’s Revenue Rises on Flat Sales
10/30/2014Renault Group's vehicle sales were unchanged at 612,900 units in July-September.
GAO Asked to Review NHTSA Recall Procedures
10/30/2014The independent Government Accounting Office has been asked to look into how the National Highway Traffic Safety Administration gathers and acts on recall information.
FCA Recalls 569,100 Trucks, SUVs
10/29/2014Fiat Chrysler Automobiles NV is planning two global callbacks to fix fuel leaks and an electronic problem in large trucks and SUVs made by its Chrysler unit.
Goodyear Sales Slip, Adjusted Profits Soar
10/29/2014Goodyear Tire & Rubber Co. reports its third-quarter revenue dropped 7% to $4.7 billion.
AutoNation Suspends Sales of Cars in Airbag Recalls
10/29/2014AutoNation Inc., America's largest chain of car dealerships, has halted the sale of all used vehicles involved in the Takata airbag recalls until the models are repaired.
Carmakers Losing Their Desire to Innovate?
10/29/2014Carmakers are shifting more focus from innovation to cost cutting, asserts this year's report from Boston Consulting Group on the world's most innovative companies.