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U.S. Car Sales Surge 14%
8/1/2013Demand for new cars and light trucks in the U.S. jumped to 1.32 million in July from 1.15 million a year ago, Autodata Corp. reports.
Car Sales in France Rise 1% For First Gain in 21 Months
8/1/2013Registrations of new passenger vehicles in France grew to 150,200 units in July from 148,900 units a year earlier.
Report: Ford Could Erase Pension Gap by 2015
8/1/2013Ford Motor Co. could cut its U.S. pension shortfall in half this year and eliminate it entirely by the end of 2014, according to Reuters.
Sales Up, Profits Down for Honda
8/1/2013Honda Motor Co.'s revenue jumped 16% to 2.83 trillion yen (€21.6 billion) in its April-June first fiscal quarter.
Higher Spending Trims Honda’s Profit
8/1/2013Honda Motor Co. blames higher spending on product development, factory launches and a less profitable sales mix for a 7% drop to 122 billion yen ($1.2 billion) in net income in the fiscal first quarter ended June 30.
Conti Touts 3-D Instrument Panel, Wide-Angle HUD
8/1/2013Continental AG will use the Frankfurt auto show in September to unveil a new system that combines its large auto-stereoscopic 3-D instrument cluster with a new next generation head-up display (HUD).
Honda’s Net Income Drops 7%
8/1/2013Honda Motor Co. boosted revenue 16% to 2.83 trillion yen (€21.6 billion) in its fiscal first quarter ended June 30.
Ford Goes Mainstream with Natural Gas
8/1/2013Carmakers in the U.S. have for years offered small numbers of commercial vehicles equipped to burn natural gas.
Toyota Pumps Production for 2014 Tundra Pickup
7/31/2013Toyota Motor Corp. is already planning to boost output of its redesigned fullsize Tundra pickup, even though the 2014 truck won't go into production until late August.
Delphi’s Earnings Rise 11%
7/31/2013Delphi Automotive plc reports second-quarter earnings of $367 million, up from $330 million in the same period last year.