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Renault Earnings Plummet 95% on One-Time Charges
7/29/2013Renault SA's net profit plunged to €39 million in the first half of 2013 from €734 million a year earlier.
GM Fires Top Engine Chief Over False Emission Data in India
7/29/2013General Motors Co. says it has dismissed 11 powertrain employees including Sam Winegarden, vice president for global engine engineering for violating company policy.
ZF Opens Its First Car Transmission Plant in U.S.
7/29/2013ZF Friedrichshafen AG has begun producing 8- and 9-speed automatic transmissions at its new plant in Gray Court, S.C.
Nissan Hikes Profit 14% As Yen Weakens
7/28/2013Nissan Motor Co. boosted net earnings to 82 billion yen ($834 million) in the fiscal first quarter ended June 30 from 72 million yen ($732 million) a year earlier.
Weaker Yen, Strong U.S. Sales Fuel Nissan Profit Jump
7/28/2013Nissan Motor Co. boosted net earnings to 82 billion yen ($834 million) in the fiscal first quarter ended June 30 from 72 million yen ($732 million) a year earlier.
GM Ousts Executives Over Rigged Emissions Tests in India
7/28/2013General Motors Co. says it has dismissed Sam Winegarden, vice president for global engine engineering, and 10 other powertrain employees in the U.S. and India for breaches of company policy.
Nissan’s European Sales Chief Quits
7/28/2013Paul Willcox, senior vice president for European sales and marketing at Nissan Motor Co., has left the company after two years in that job and 21 years with Nissan.
Lear Raises Outlook After Quarterly Sales Gain
7/26/2013Lear Corp.'s revenue advanced 12% to $4.1 billion in the second quarter of 2013 compared to a year earlier.
Truck Sales Slip 5% in Europe
7/26/2013Registrations of commercial vehicles across Europe (excluding Russia) dropped to 156,200 units in June from 164,400 vehicles a year earlier, according to industry group ACEA.
Michelin Earnings Plunge 45%
7/26/2013Michelin & Cie. netted €507 million in the first half of 2013 compared with €915 million a year earlier as €250 million in restructuring charges eroded profits in the latest period.