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Union Strikes GM Plant in Brazil
7/16/2012Members of Brazil's Metalworkers Union of Sao Jose dos Campos conducted a 24-hour strike at General Motors Co.'s assembly plant near Sao Paulo to protest the potential closing of the factory.
Korean Shipbuilder Sell Stake in Hyundai Motor
7/16/2012South Korea's Hyundai Heavy Industries Co. has reduced its stake in Hyundai Motor Co. to 2% from 3.5% previously.
Toyota Shakes Up U.S. Sales Operations
7/16/2012Toyota Motor Corp. has appointed Bob Carter as senior vice president of automotive operations at its American sales unit, Toyota Motor Sales U.S.A.
Daimler to Double Investment in Small-Car Plant
7/16/2012Daimler AG has invested €600 million to retool its factory in Rastatt, Germany, for the next-generation Mercedes-Benz A-Class car.
Former GM Marketer Starts New Firm
7/16/2012Mike Jackson, former General Motors marketing chief for North America, and Las Vegas-based marketing agency R&R Partners have established Jackson & Partners in Detroit to provide marketing services to auto dealers.
North American Output Jumps 22%
7/16/2012Automakers produced 1.4 million vehicles in North America last month compared with 1.1 million units in June 2011, according to Automotive News.
VW Sales Climb 9% in First Half
7/16/2012Volkswagen AG sold 4.45 million passenger and commercial vehicles in the first six months of this year compared with 4.09 million units in the same period of 2011.
VW Boosts Sales 9% in First Half
7/16/2012Volkswagen AG sold 4.45 million passenger and commercial vehicles in the first six months of this year compared with 4.09 million units in the same period of 2011.
GM Appoints New Global Manufacturing Chief
7/16/2012General Motors Co. has named Tim Lee as vice president of global manufacturing, effective immediately.