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Moody’s Upgrades Chrysler Credit Rating
2/4/2013Moody's Investors Service has raised its rating of Chrysler Group LLC debt one notch to B1, but still four steps below investment grade.
Car Sales Continue to Slump in Italy, France, Spain
2/4/2013Registrations of new vehicles in France fell to 125,000 units last month from 147,000 units in January 2012, according to industry association CCFA.
Ex-Visteon Workers Sue Ford in U.K. Class Action
2/4/2013A court in London has granted class action status to lawsuits brought by former employees Visteon Corp. against Ford Motor Co.'s actions when it spun off the supplier in 2000.
Lear Profit Soars on Tax Benefit
2/3/2013Lear Corp. netted $882 million in the fourth quarter of last year compared with $107 million in the same period of 2011.
GM Plans 10 Weeks of Downtime at Truck Plants
2/3/2013General Motors Co. intends to idle the three North American factories that build its fullsize pickup trucks for a combined total of 10 weeks as it retools to produce next-generation models.
Vehicle Sales in Japan Drop 8%
2/3/2013Sales of cars, minivehicles, trucks and buses in Japan fell to 383,500 units last month compared with 415,900 units in January 2012, according to industry groups.
American Factory Activity Picks Up
2/3/2013U.S. manufacturing expanded in January, spurred by growth in new orders, according to the Tempe, Ariz.-based Institute for Supply Management.
U.S. Jobless Rate Rises to 7.9%
2/3/2013Employers added 157,000 jobs in the U.S. in January, according to the Dept. of Labor.
Chrysler Debuts Mopar Dart
2/3/2013Chrysler Group LLC will use this week's Chicago auto show to publicly unveil the limited-edition Mopar '13 Dodge Dart.