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UPDATE: Another 218,000-Unit Recall for GM
5/21/2014A day after announcing its 29th recall of the year, General Motors Co. has added one more: plans to fix 218,000 Chevrolet Aveo minicars with a lighting system defect that could cause a fire.
VW Slips on Brand Value List
5/21/2014The Volkswagen brand value declined 4% to $8.4 billion in this year's Brandz top 100 brand value list, which is compiled by the London-based Millward Brown brand research company.
Historic Shortages of Platinum, Palladium Loom
5/20/2014Disrupted supplies and growing demand threaten to create the biggest shortages in platinum and palladium in more than 30 years, says Johnson Matthey plc, the London-based specialty chemicals giant.
Toyota Rated Most Valuable Global Car Brand Again
5/20/2014Toyota, which outscored BMW last year to become the world's most valuable car brand, retained that position in 2014 in the Brandz Top 100 list compiled by U.K.-based brand research firm Millward Brown.
Saab Car Production Stops, Again
5/20/2014The relaunched Saab car company has run short of funds and suspended production of a variant of the Swedish brand's 9-3 sedan, Reuters reports.
New Toyota Power Chip Could Hike Hybrid Efficiency 10%
5/20/2014Toyota Motor Corp. says the new power controller chip it has designed could improve the overall fuel efficiency of a hybrid vehicle as much as 10%. The chip uses silicon carbide (SiC) wafers, which waste less energy as heat.
GM Boosts Recall Total to 13.6 Million Vehicles
5/20/2014General Motors Co. is launching four more vehicle recalls, this time covering 2.4 million cars, pickup trucks and crossover vehicles with various flaws.
Chrysler Unleashes 600-hp Dodge Challenger
5/20/2014Chrysler Group LLC has unveiled its most powerful engine ever the supercharged, 6.2-liter Hellcat V-8 rated at more than 600 hp in its new 2015 Dodge Challenger SRT sport coupe.
Daimler Rules Out Mercedes-Brand Minicar
5/19/2014Daimler AG tells Automotive News Europe the company has decided against developing a Mercedes-Benz-branded car smaller than its current subcompact A-Class model.
GM Hires PR Veteran Cervone to Head Global Communications
5/19/2014General Motors Co. has hired Tony Cervone as senior vice president of global communications, effective immediately.