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Tesla Confirms “Conversations” with Apple
2/20/2014Tesla Motors Inc. CEO Elon Musk confirms to Bloomberg TV that the company met with Apple Inc. last year for "conversations."
Report: GM Knew About Ignition Switch Defect in 2004
2/20/2014General Motors Co. knew ignition switches were defective in its Chevrolet Cobalt/Pontiac G5 small cars 10 years before announcing last week it would recall 778,600 of them to fix the problem, USA Today reports.
EC Gives Preliminary Okay for French Stake in PSA
2/20/2014PSA Peugeot Citroen has been given initial European Commission approval to make the French government a 14% owner of the company, Bloomberg News reports.
Audi to Debut Next-Generation TT in Geneva
2/20/2014Audi has released official design sketches of its redesigned TT sports car ahead of a public unveiling at the Geneva auto show in two weeks.
Opel Gets Funky with Adam Mini-Crossover
2/20/2014General Motors Co.'s Opel unit will use next month's Geneva auto show to unveil the latest addition to its Adam minicar lineup, the Adam Rocks crossover.
AvtoVAZ Swings to a Loss
2/19/2014OAO AvtoVAZ, Russia's largest carmaker, says a slumping domestic market cut sales of its Lada sedans 19% to 481,000 units and reduced revenue 4% to 175 billion rubles (€3.6 billion) last year.
Tavares Sketches Plan to Revamp PSA
2/19/2014Carlos Tavares, who will take over as CEO of PSA Peugeot Citroen at the end of March, says he will hike product development, shrink the company's model lineup and create low-cost vehicle platforms for local production in emerging markets.
Profits Jump 17% for Bridgestone
2/19/2014Bridgestone Corp., the world's largest tiremaker, reports a record net profit in calendar 2013 of 202 billion yen ($2 billion), as revenue climbed 17% to nearly 3.6 trillion yen ($35 billion).
VW’s Labor Chief Threatens to Block New Investment in the South
2/19/2014Bernd Osterloh, a Volkswagen AG board member and the company's top labor representative, says he may try to thwart any new investment in America's southern states after workers at VW's plant in Chattanooga, Tenn., rejected the United Auto Workers union.
GM Next to Tee Up an Aluminum Pickup Truck?
2/19/2014General Motors Co. is scrambling to develop an aluminum-intensive fullsize pickup truck and introduce it by the end of 2018, according to The Wall Street Journal, which cites unidentified sources.