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Renault Has Cut 2,500 Jobs Under Union Pact
4/7/2014Renault SA says it has shed about 2,500 jobs over the past 12 months under an agreement with three French unions.
VW to Make Plug-In Electrics in China
4/7/2014Volkswagen AG will use this month's Beijing auto show to announce plans to produce plug-in electric vehicles in China with partner First Automotive Works, according to Reuters.
Mercedes Sets Any-Month Sales Record
4/7/2014Daimler AG's Mercedes-Benz Cars unit sold 168,100 vehicles in March, its biggest monthly result ever.
GM Submits 200,000 Pages of Recall Documents
4/7/2014General Motors Co. says it has so far responded to roughly two-thirds of the 107 questions it has been asked by the National Highway Traffic Safety Administration about its delayed recall of 2.6 million cars with defective ignition switches.
Upgraded Hyundai Genesis Sedan Gets New AWD Platform
4/7/2014The Hyundai Motor Co. 2015 Genesis luxury sedan rides on an all-new chassis designed to support powertrain upgrades that include an optional all-wheel-drive system.
Blackstone Buys Gates
4/7/2014Gates Corp. is being sold for $5.4 billion to The Blackstone Group private equity firm.
U.S. Recoups 8.8 Million Jobs Lost During Economic Crisis
4/7/2014America added 192,000 jobs in March, bringing the total jobs created over the past four years to 8.9 million, thus surpassing the 8.8 million positions lost during the massive recession that began in 2007, the U.S.
BASF, Toda Kogyo to Form Battery Cathode Venture
4/4/2014BASF SE and Toda Kogyo Corp. are in talks to set up a venture in Japan to make cathode active materials for lithium-ion batteries.
GM Sales Climb 8% in China
4/4/2014General Motors Co. and its partners sold 313,300 vehicles in China in March compared with 290,600 a year earlier.
GM Takes $400 Million Hit on Venezuelan Currency
4/4/2014General Motors Co. will take a pretax charge of $400 million in the first quarter of 2014 caused by its own devaluation of Venezuela's currency.