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Italy’s Prime Minister: Fiat Jobs Key to Chrysler Merger
9/30/2014Italy Prime Minister Matteo Renzi tells reporters in Detroit that adding jobs in Italy is more important than where Fiat SpA puts its headquarters after merging with Chrysler Group LLC.
Hyundai Reaches Tentative Wage Deal in Korea
9/30/2014Union workers at Hyundai Motor Co. in South Korea will vote on Wednesday whether to accept a new one-year wage agreement.
Toyoda Gosei Agrees to Plead Guilty to Price Fixing in U.S.
9/30/2014Toyoda Gosei Co. Ltd. is the latest supplier to agree to plead guilty to rigging bids for auto components, the U.S. Dept. of Justice reports.
GM Raises Ignition Switch Death Toll to 23
9/30/2014The General Motors Co. program to compensate victims of its defective ignition switches has now approved claims covering 23 deaths attributed to the flaw.
NHTSA Will Review Claims of Chrysler Electronic Flaws
9/30/2014The National Highway Traffic Safety Administration says it will investigate claims that a flawed electronic control unit is causing a wide range of electrical malfunctions in 4.9 million Chrysler trucks, vans and SUVs.
Ford Cuts Pretax Profit Forecast
9/30/2014Ford Motor Co. tells investors it expects to report a pretax profit of $6 billion in 2014, short of the $7 billion-$8 billion it expected.
Ford Plans Big Shift to LED Plant Lighting
9/30/2014Ford Motor Co. estimates it will cut its annual lighting energy use by 56 million kWh next year after installing 25,000 new LED fixtures worldwide at its manufacturing facilities by the end of 2014.
Airstream to Boost Production Capacity 50%
9/30/2014Thor Industries Inc. says its Airstream unit will spend $6 million to hike production space at its travel trailer factory in Jackson Center, Ohio, 70% to 228,000 sq ft by next May.
BMW Plans Self-Driving Car Tests in China
9/30/2014BMW AG is partnering with China Internet provider Baidu Inc. to test highly automated cars in Beijing and Shanghai over the next two years.
U.S. Opens Probe into Unexpected Surging in Toyota Corollas
9/30/2014Safety officials have begun an investigation into complaints from Toyota Corolla owner that their cars unexpectedly surge at low speeds.