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Ford to Trim Production in Michigan
11/26/2013Ford Motor Co. plans a one-week production suspension in Michigan of three models to align supplies with demand, Automotive News reports.
Judge to Hear Fisker Bankruptcy Sale Plan in January
11/26/2013A federal bankruptcy judge in Delaware has set a Jan. 3 hearing date for a proposed sale of bankrupt Fisker Automotive Inc. to a consortium led by Hong Kong billionaire Richard Li.
Toyo Tire to Pay $120 Million Price-Fixing Fine
11/26/2013The U.S. Dept. of Justice says Toyo Tire & Rubber Co. has agreed to pay a criminal fine of $120 million for conspiring to rig prices on anti-vibration parts it sold to Nissan, Subaru and Toyota.
Zipcar to Offer Monthly Membership Option
11/26/2013Car-sharing network Zipcar, Inc. is introducing a monthly membership option for occasional-use customers.
3-Cylinder Engines in JLR’s Future
11/26/2013Tata Motors Ltd.'s Jaguar Land Rover unit will begin making its own engines next year for the first time since 1998, and plans could include adding 3-cylinder gasoline and diesel powerplants to the 4-cylinder mix, Automotive News Europe reports.
Mini-Based Front-Drive BMW Due in 2015
11/26/2013BMW AG's compact multipurpose vehicle, based on the 2012 Active Tourer concept and sharing front-wheel-drive underpinnings with the newest Mini Cooper, will go on sale in the U.S. in early 2015, according to Automotive News.
Ford Recalls 173,300 Escape Crossovers to Fix Fire Hazards
11/26/2013Ford Motor Co. is launching two recalls in the U.S. to fix oil and fuel leaks in 150,000 2013 Escape crossovers equipped with 1.6-liter 4-cylinder engines.
JLR to Build €324 Million Factory in Brazil
11/26/2013Tata Motor Ltd.'s Jaguar Land Rover unit is ready to invest about 1 billion reais (€324 million) to erect an assembly plant in Itatiaia, Brazil, government sources tell Reuters.
Hyundai Aims to Double U.S. Sales Growth
11/26/2013Hyundai Motor Co. hopes to increase its vehicle sales in the U.S. next year 10%, Reuters reports.
Daimler Launches Engine Production in China
11/26/2013Daimler AG has begun production at a new $542 million engine facility outside Beijing.