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U.S. Gasoline Prices Soar
2/19/2013Americans are paying an average of $3.73 per gallon nation for gasoline, up 14 cents in the past week and 43 cents higher than a month ago, according to AAA Daily Fuel Gauge Report.
Acura Adopts Aluminum-Steel System for Vehicle Doors
2/19/2013Honda Motor Co. says the North American version of its 2014 Acura RLX large luxury sedan will be the first to use a three-part system developed by the company to mass-produce doors with aluminum outer and steel inner panels.
Bridgestone Predicts Record Earnings
2/19/2013Bridgestone Corp. netted 55.7 billion yen ($593 million) in the fiscal third quarter ended Dec. 31 compared with 21 billion yen ($224 million) in the same period of 2011.
EU: Germany Seeks to Undermine CO2 Plan
2/18/2013The European Commission is criticizing efforts by Germany and its automakers to enlarge loopholes in proposed emission-reduction rules for the benefit of their luxury and performance cars, Reuters reports.
U.S. Worker Sues Hyundai for Cheating on Pay
2/18/2013An employee of a Hyundai Motor Co. affiliate has sued the carmaker in U.S. federal court for allegedly failing to pay overtime and cheating workers out of breaks, Bloomberg News reports.
Germany Expected to Avoid Recession
2/18/2013The German economy, which contracted 0.6% in the final three months of 2012, will expand slightly in the January-March period, the Bundesbank predicts.
Minivehicles Gaining Ground in Japan
2/18/2013The popularity of hybrid vehicles in Japan surged in 2012, but minivehicles will gain market share this year, The Nikkei reports.
Geely May Be Top Contender to Buy Fisker
2/18/2013China's Zhejiang Geely Holding Group is the leading candidate to acquire a majority stake in ailing hybrid vehicle maker Fisker Automotive Inc., according to Reuters, which cites unidentified sources.
Fisker May Be Leaning Toward Bid from Geely
2/18/2013China's Zhejiang Geely Holding Group is the leading candidate to acquire a majority stake in ailing hybrid vehicle maker Fisker Automotive Inc., according to Reuters, which cites unidentified sources.
Nissan Opens Larger Research Center in Silicon Valley
2/18/2013Nissan Motor Co. has officially opened an advanced research center in Sunnyvale, Calif., to develop technologies for connected and autonomous vehicles.