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VW Replaces Production Chief Macht
8/1/2014Volkswagen Group's top manufacturing executive, Michael Macht, has abruptly resigned a day after the company announced a 3% drop in operating profits.
VW May Boost Stake in FAW Venture
8/1/2014Volkswagen AG signals it may seek to increase its 40% stake in its joint venture with China's FAW Group Corp. to 50%.
GM to Accelerate Launch of Next-Generation Pickups
8/1/2014General Motors Co. reportedly aims to roll out lighter and more efficient next-generation pickup trucks in late 2018, about nine months earlier than originally planned.
New GM Lawsuit Aims at Pre-Bankruptcy Ignition Claims
8/1/2014A Texas attorney has filed his second lawsuit in three days on behalf of people claimed to be injured or killed in crashes involving General Motors Co. cars equipped with faulty ignition switches.
ZF Board Supports TRW Bid
8/1/2014ZF Friedrichshafen AG's supervisory board has approved management's plan to negotiate a purchase of U.S. supplier TRW Automotive Holdings Corp.
BorgWarner Posts Higher Sales, Profits
8/1/2014BorgWarner Inc. reports its net income in the second quarter rose 9% to $190 million as sales jumped 16% to $2.2 billion.
Gen Y’ers Second Only to Baby Boomers in Car Purchases
8/1/2014Baby boomers (people born between 1946 and 1964) remain America's largest car-buying group with a 38% share of new-car purchases.
Toyota Supplier Exec Pleads Guilty to Price Fixing
8/1/2014A former executive from Japan's G.S. Electech Inc. has pleaded guilty to rigging bids and fixing prices on antilock brake system components sold to Toyota Motor Corp., the U.S. Dept. of Justice reports.
Denso’s Quarterly Earnings Fall 17%
7/31/2014Denso Corp.'s revenue climbed 3% to 1 trillion yen ($10 billion) in the fiscal first quarter ended June 30.
Hyundai Reveals Next-Generation i20 Small Hatch
7/31/2014Design renderings for Hyundai Motor Co.'s redesigned i20 B-segment car reveal a stylish rival for the Ford Fiesta and Volkswagen Polo.