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BMW to Replace Faulty Airbag Seat Sensors
12/17/2013BMW AG is preparing to launch a U.S. recall to replace faulty passenger seat occupant detection mats that could crack and fail, thus preventing the passenger airbag from inflating in a crash.
Finalists Named for European Car of the Year
12/17/2013A panel of journalists from 23 countries has selected seven finalists for the 2014 European Car of the Year award.
Akerson: GM May Pay Dividend in 2014
12/17/2013General Motors Co. CEO Dan Akerman says the company has built up enough "bandwidth" in the form of cash and a strengthened balance sheet to consider paying a dividend next year.
PACCAR Names New CEO
12/17/2013Ronald Armstrong, currently president of commercial truckmaker PACCAR Inc., will take over as CEO on April 27.
U.S. Fuel Economy Averages Up for All Major Carmakers
12/17/2013New passenger vehicles sold in the U.S. during the 2012 model year averaged a record 23.6 mpg, up 1.2 mpg from 2011, according to the latest analysis by the Environmental Protection Agency.
GM Launches $1.3 Billion Capacity Expansion in U.S.
12/16/2013General Motors Co. plans to spend almost $1.3 billion most of it in the next two years to upgrade five factories in the Midwest to make next-generation pickup trucks and the powertrains to go with them.
Mitsubishi to Open Sales Unit in Myanmar
12/16/2013Mitsubishi Motors Corp. is forming a joint venture with Japanese trading house Mitsubishi Corp. and local partners to being selling new cars in Myanmar, The Nikkei reports.
Mercedes-Benz Names New U.S. Sales Chief
12/16/2013Daimler AG's Mercedes-Benz unit has selected Dietmar Exler to take over as vice president of sales for Mercedes-Benz USA on Jan. 1.
BMW Breaks Ground for Brazil Plant
12/16/2013BMW AG has begun construction of a €200 million assembly plant in Araquari, Brazil.
Ford: 70% of N. American Lineup to Offer Stop-Start by 2017
12/16/2013Ford Motor Co. says it will offer an automatic engine stop-start system in 70% of the models it sells in North America by 2017.