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Regional Strike Idles Maruti Suzuki’s India Plants
2/20/2013Maruti Suzuki India Ltd. says it will suspend work at its factories in India on Thursday, citing concern for worker safety.
Impala’s “Valet Mode” Locks Car’s Data, Storage Bin
2/20/2013Chevrolet's flagship 2014 Impala sedan will offer drivers a valet mode that locks a hidden valuables bin and blocks unauthorized access to the car's electronically stored contact list.
Volvo Cars to Cut 1,000 Jobs
2/20/2013Volvo Car Corp. plans to reduce costs by 1.5 billion kronor ($237 million), end about 750 consultant contracts and shed 250 salaried jobs in response to shrinking sales in China and Europe.
Lawsuit Claims Ford F-150 Engines Have Flawed Intercoolers
2/20/2013Some of Ford Motor Co.'s F-150 pickup trucks have a defect that can cause the engine to stumble or stall in humid weather, according to a complaint filed on Tuesday with the U.S.
Audi to Double Crossover Lineup by 2020?
2/20/2013Volkswagen AG's Audi unit plans to add three new crossover models by the end of the decade, thus doubling its current lineup in that fast-growing market segment, according to Bloomberg News.
Renault Presents Contract Offer to French Unions
2/20/2013Renault SA says it is awaiting a response from its French unions to a contract proposal that includes boosting auto production in France by one-third and not closing any plants there.
Economic Optimism About Germany, Eurozone Rises
2/19/2013Confidence among European analysts and institutional investors about Germany's economic outlook for the next six months climbed in February, according to the Centre of European Economic Research (ZEW).
German Carmakers Rush to Avoid Energy Surcharges
2/19/2013Germany's plan to shift from nuclear power to renewable energy will add as much as €792 million ($1.1 billion) in surcharges to the domestic auto industry's electric bill this year, Bloomberg News reports.
Optimism About German, Eurozone Economies Grows
2/19/2013Confidence among European analysts and institutional investors about Germany's economic outlook for the next six months climbed in February, according to the Centre of European Economic Research (ZEW).January.
Allison Transmission Quarterly Profit Drops 75%
2/19/2013Allison Transmission Holdings Inc. posted net income of $11 million in the fourth quarter of last year compared with $45 million a year earlier.