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Kia Posts 12% Higher Profit
4/25/2014South Korea's Kia Motor Corp.'s profits climbed to 876 billion won ($842 million) in January-March 2014 from 784 billion won a year earlier.
Volvo Truck’s Quarterly Income Surges
4/25/2014Volvo Group reports its first-quarter sales in 2014 climbed 13% to 65.6 billion kronor (€7.2 billion). The Swedish truckmaker's operating income jumped to 2.3 billion kronor (€253 million) from 482 million kronor in the same period last year.
Renault Delays Plan for Van Production in Russia
4/25/2014Renault SA has halted plans to build small commercial vans with Moscow-based truckmaker ZIL because the weakening ruble makes the project unprofitable, Reuters reports.
Honda Hikes Fit Production in Japan
4/25/2014Honda Motor Co. is increasing domestic output of its redesigned Fit subcompact sedan by about 20% to meet strong domestic demand, The Nikkei reports.
Delphi Earnings Climb 16%
4/25/2014Delphi Automotive plc reports net income of $320 million in the first quarter of 2014 from $276 million in the same period last year.
Nissan Tests Self-Cleaning Paint
4/24/2014Nissan Motor Co. is evaluating a new aftermarket paint coating that repels water, oils, mud and dirt.
SEC Joins List of Groups Probing GM’s Ignition Switch Recall
4/24/2014The U.S. Securities and Exchange Commission is investigating General Motors Co.'s belated recall of faulty ignition switches, the company notes in a regulatory filing.
Renault Boosts Sales But Not Revenue
4/24/2014Renault SA reports sales of 636,200 units in the first quarter of 2014, up 5% from the same period last year.
Recall Costs Cut GM Profit 89%
4/24/2014General Motors Co. earned net income of $100 million in the first quarter of 2014 compared with $900 million a year earlier as recall-related costs erased strong operating results.
Car Production Climbs 12% in U.K.
4/24/2014British car plants built 142,200 vehicles in March, the strongest output for the month in 10 years, according to the Society of Motor Manufacturers and Traders.