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Report: Toyota to Name Fuel-Cell Car “Mirai”
7/29/2014Toyota Motor Corp. plans to badge its upcoming fuel-cell sedan Mirai, a Japanese word for "future," an unnamed source tells Bloomberg News.
Chrysler Sued Over Ignition Switch Flaw
7/29/2014Chrysler Group LLC s decision last week to fix ignition switches in 792,300 Jeep SUVs worldwide has spawned its first lawsuit.
Michelin’s Profits Stall
7/29/2014Operating profits for Michelin & Cie. advanced only €6 million to €1.16 million in the first half of 2014 as net sales dropped 5% to €9.7 billion.
Renault Cautions on Emerging Markets as Earnings Rise
7/29/2014Renault SA reports its operating profit rose 25% to €729 million in the first half of 2014.
Court Approves Fisker Liquidation
7/29/2014A bankruptcy court has approved a plan to liquidate Fisker Automotive Holdings Inc. after the maker of Karma luxury plug-in hybrids sold its assets in February for $149 million to China's Wanxiang Group Corp.
Honda’s Quarterly Profit Jumps 20%
7/29/2014Honda Motor Co.'s net earnings rose 20% to 147 billion yen ($1.4 billion) in the company's April-June fiscal first quarter.
Truck Sales Climb 10% in Europe
7/29/2014Sales of commercial vehicles across Europe rose to 172,500 units in June from 156,800 a year earlier, reports industry group ACEA.
India’s Auto Supply Industry Rebounds
7/29/2014Sales by India's automotive components industry, which fell 2% to 21.2 billion rupees ($352 million) in the year ended March 31, will rise 4%-6% in the current 12-month period, the Automotive Component Manufacturers Assn. predicts.
Audi to Debut Electric Turbocharging in 2016
7/29/2014Audi AG tells Autocar it will introduce an electric turbocharger in 2016 in a sporty "S" version of its next-generation Q7 crossover vehicle.
S. African Union Accepts Deal, Ends Strike
7/28/2014Members of the National Union of Metalworkers of South Africa have agreed to a three-year labor contract offer and are expected to return to work on Tuesday.