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Toyota Confirms Plant-Building Hiatus
2/6/2013Toyota Motor Corp. says it will halt plans to build new plants through March 2016, except for those already announced, as The Nikkei reported last month.
PSA Unions Agree to Aulnay Plant Closing
2/5/2013PSA Peugeot Citroen has reached an agreement with three of its four French unions that will allow it to shutter its Aulnay assembly plant outside Paris in 2014.
GM Trims Malibu, LaCrosse Output Again
2/5/2013General Motors Co. is eliminating another two weeks of Chevrolet Malibu and Buick LaCrosse sedan production to help shrink dealer inventories, Automotive News reports.
Alfa Romeo Plans Limited Output of 4C Sports Car
2/5/2013Fiat SpA's Alfa Romeo unit plans to build only 1,000 units each of its upcoming 4C coupe and roadster, according to Carscoop.com.
Ford Nears 900 EV-Certified Dealer Count
2/5/2013Ford Motor Co. predicts at least 900 of its 2,700 dealers in the U.S. will be certified to sell and service the company's plug-in hybrid and electric cars by spring.
U.S. Fuel Economy Sets New Record High
2/5/2013The fuel economy of new cars and light trucks sold in the U.S. averaged a record 24.5 miles per gallon in January, according to the University of Michigan Transportation Research Institute.
Europe, Restructuring Cause 53% Drop in Delphi Profit
2/5/2013Delphi Automotive LLC's net earnings plunged to $136 million in the fourth quarter of last year from $290 million in the same period of 2011, dragged down by $192 million in restructuring and acquisition charges.
GM Eyes Acquisitions in China
2/5/2013General Motors Co. is interested in buying smaller carmakers in China to help achieve its goal of selling 5 million vehicles there by 2015, Bloomberg News reports.
Toyota Boosts Outlook after Net Profit Jumps 23%
2/5/2013Toyota Motor Corp. netted 99.9 billion yen (€793 million) in the fiscal third quarter ended Dec. 31 compared with 80.9 billion yen (€642 million) in the same period of 2011.
Bentley to Build Ultra-Luxury SUV
2/5/2013Volkswagen AG's supervisory board has approved a proposal by its Bentley Motors unit to develop its own SUV, according to Handelsblatt, which cites board sources.