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Ford Quarterly Operating Profit Falls, Net Income Soars
1/28/2014Ford Motor Co. hiked global sales 7% to 1.6 million vehicles in the fourth quarter of 2013.
VW Workers Seek New Model for Hanover Plant
1/28/2014Workers at Volkswagen AG's Hanover, Germany, plant want the company to build a new model at the facility to protect jobs because it may lose an order for Porsche's next-generation Panamera high-performance sedan.
Ford's Fourth-Quarter Profit Jumps 88%
1/28/2014Ford Motor Co. reports net income in last year's fourth quarter of $3 billion compared with $1.6 billion for the same period in 2012, as favorable tax special items made up for lower operating results.
Honda Becomes a Net Exporter of Vehicles from U.S.
1/28/2014In 2013 Honda Motor Co. imported 88,500 vehicles from Japan to the U.S. but exported 108,700 American-made vehicle to foreign markets.
Berkshire Buys MyAssist Concierge Service
1/28/2014Berkshire Hathaway Inc., investor Warren Buffett's firm, is buying MyAssist Inc., a service that provides live in-car concierge services.
Hyundai Names New Sales Chief for U.S.
1/27/2014Hyundai Motor Co. has named Bob Pradzinski as its new vice president of national sales in the U.S.
Toyota Plans Production Cut in Japan
1/27/2014In April Toyota Motors Corp. will trim its vehicle production rate in Japan by about 10% to 12,000 units per day, The Nikkei says, without citing a source.
Toyota’s Next Prius: Lighter, More Efficient, Less Expensive
1/27/2014Toyota Motor Corp. intends to make its fourth-generation Prius hybrid more powerful, stylish and efficient but also lighter and simpler to make.
Volvo, Geely Developing Another Small-Car Platform
1/27/2014Zhejiang Geely Holding Group Co. and its Volvo Cars unit are co-developing a small-car chassis that Geely will use to enter the global auto market, The Wall Street Journal reports.
GM's New CEO Asserts Support for Opel
1/27/2014General Motors Co. CEO Mary Barra says Opel is a "vital part" of the company and will build an all-new model at its production complex in Russelsheim, Germany.