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Guardian Industries Sells Auto Glass Units
9/17/2014Japan's Carlex Glass Co. has agreed to buy the U.S. and European automotive glass operations of privately held Guardian Industries Inc.
Mercedes-Benz Details Plug-in Hybrid S-Class Sedan
9/17/2014Daimler AG's Mercedes-Benz unit has released details about the S 500 BlueTEC plug-in hybrid luxury sedan it will begin delivering this month.
ZF to Acquire TRW for €9 Billion
9/17/2014ZF Friedrichshafen AG has agreed to buy U.S. safety systems supplier TRW Automotive Holdings Corp. for $105.60 per share.
NHTSA Opens Probe of Ford Fiesta Door Latches
9/17/2014The National Highway Traffic Safety Administration has launched a preliminary investigation into 61 reports of door latches failing in 2011-2013 Ford Fiesta minicars.
Cadillac Defends Big Price Hikes
9/17/2014General Motors Co.'s Cadillac unit will stick with its higher-price strategy, even though it will mean years of lower sales volume, the brand's new chief Johan de Nysschen tells Automotive News.
NHTSA Botched Data Showing GM Ignition Switch Flaw
9/17/2014The National Highway Traffic Safety Administration ignored repeated indications of a problem with General Motors Co. ignition switches for years before finally ordering a recall, The New York Times reports.
“Great Uncertainty” About Germany’s Economy
9/17/2014Confidence in Germany's economy fell again in September, marking the ninth consecutive month of decline, according to ZEW's latest Indicator of Economic Sentiment.
European Sales Growth Slows in August
9/17/2014Growth in new-car registrations across Europe rose 6% to 1.08 million units) in July, but the year-on-year pace slowed to 2% (701,100 units) in August, industry group ACEA reports.
Honda Starts Process for Third Auto Plant in India
9/17/2014Honda Motor Co. says it has begun acquiring land in Gujarat, India, on which to eventually erect its third assembly plant in the country, The Nikkei, reports.
Hyundai Now Plans Two Assembly Plants in China
9/17/2014China's central government has asked Hyundai Motor Co. to erect two car factories in China instead of one, sources tell Reuters.