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Daimler May Build Mercedes Plant in Brazil
8/4/2013Daimler AG plans to open a new assembly plant in Brazil in 2015 with capacity to produce 20,000 Mercedes-Benz C-Class cars per year, according to Der Spiegel.
U.S. Jobless Rate Drops to 7.4%
8/4/2013Employers added 162,000 new jobs in the U.S. last month, the smallest increase since March, according to the Dept. of Labor.
Fiat-Chrysler Aims to Hike Japan Sales 69%
8/4/2013Fiat SpA and its Chrysler Group affiliate hope to boost their combined sales in Japan to about 30,000 vehicles by 2016 from 17,800 last year.
Vehicle Sales Climb 8% in South Africa
8/4/2013Deliveries of passenger and commercial vehicles in South Africa rose to 58,100 units last month from 54,100 in July 2012, according to the National Assn. of Automobile Manufacturers of South Africa.
Autodata Updates Annualized Sales Figures
8/4/2013Autodata Corp. has revised its monthly figures for seasonally adjusted annual rate (SAAR) of U.S. light vehicle sales to reflect the Commerce Dept.'s recalculation late last week of seasonal factors for auto sales.
Toyota Profit Surges 94%
8/2/2013Toyota Motor Corp. reports that its net earnings jumped 94% to 562 billion yen ($5.6 billion) in the fiscal first quarter ended June 30.
GM Hires Former VW, Volvo Exec as International Unit Chief
8/2/2013General Motors Co. has appointed Stefan Jacoby, former CEO of Volvo Cars and a longtime Volkswagen executive, as executive vice president for its International Operations unit.
Conti Earnings Soar 35%
8/2/2013Continental AG's net profit jumped to €701 million ($929 million) in the April-June period of 2013 from €520 million ($689 million) a year earlier.
Magneti Marelli Debuts Computer-Controlled Headlamp
8/2/2013A new headlamp system from Magneti Marelli SpA uses three computer chips, a forward-looking camera, dual beams, internal shutters and an array of 55 light-emitting diodes to project illumination that continually varies to suit driving conditions.
Japan’s Car Demand Plunges 16%
8/2/2013Sales of passenger vehicles (excluding minivehicles) in Japan plummeted to 249,900 units last month from 295,700 units in July 2012, according to the Japan Automobile Dealers Assn.