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Great Wall to Open Assembly Plant in Russia
9/2/2014China's largest SUV maker, Great Wall Motor Co., has begun constructing a vehicle assembly plant in central Russia to begin operations in 2017, Automotive News China reports.
Ford Plans More Production Cuts in Romania
9/2/2014Ford Motor Co. confirms to local news agency Mediafax it will eliminate nine days of production at its factory in Craiova, Romania, this month because of slumping sales.
Fiat-Chrysler Aims for NYSE Listing on Oct. 13
9/2/2014Fiat Chrysler Automobiles NV hopes to list its shares on the New York Stock Exchange on Oct. 13, says Fiat-Chrysler CEO Sergio Marchionne.
Jeep Wrangler SUV to Get Aluminum Body?
9/2/2014Chrysler Group LLC is likely to switch from steel to aluminum for the bodywork of the next-generation Jeep Wrangler SUV due in mid-2017, according to Automotive News.
AvtoVAZ Seeks Cure for Corrupt Suppliers
9/2/2014Lada maker OAO AvtoVAZ is demanding complete cost transparency from suppliers as it seeks to cut spending on purchased parts 2% this year, Reuters reports.
Toyota Gets Michigan Tax Break on Tech Campus
8/29/2014Toyota Motor Corp. has received a $4 million tax break from the state of Michigan to help it relocate 250 purchasing employees to the state from its manufacturing headquarters in Kentucky.
Brazil Slips into Recession
8/29/2014Brazil's gross domestic product, which shrank a revised 0.2% in the first quarter of 2014, contracted 0.6% in April-June, according to the Brazilian Institute of Geography and Statistics (IBGE).
California Seeks to End EV Rebates for Wealthy Buyers
8/29/2014California Gov. Jerry Brown is expected to sign a bill that sets an income ceiling for electric-car buyers eligible to receive state incentives for buying an electric vehicle, Automotive News reports.
U.S. Court Dismisses Apartheid Claims Against Ford
8/29/2014A federal judge in New York City has dismissed a claim against Ford Motor Co. that the company encouraged human rights abuses in South Africa from the 1970s to early 1990s by supplying vehicles to the country's military.
Ruble Drops to 16-Year Low
8/29/2014The Russian ruble sagged to 37.03 per dollar on Friday, its weakest valuation since 1998.