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Ford Recalls Escape Crossovers to Fix Brake Pedal Problem
7/15/2012Next week Ford Motor Co. will begin recalling 10,500 of its 2013 Escape crossover vehicles in North America to reconfigure carpet padding and trim that could interfere with brake pedal operation.
Honda Aims to Double Fit Minicar Sales
7/15/2012Honda Motor Co. will add new models to its Fit minicar lineup beginning next year in a bid to double worldwide sales, says The Nikkei, which cites no sources.
Ford Recalls Escape to Fix Pedal Interference Problem
7/15/2012Ford Motor Co. is recalling 10,500 of its 2013 Escape crossover vehicles in North America to remove carpet padding that could interfere with brake pedal operation.
New EV Battery Coolant 3x As Effective As Water
7/13/2012Researchers in Germany say their experimental new coolant for electric vehicle batteries can absorb three times as much heat as plain water.
Activist Investors Boost Navistar Holdings
7/13/2012Activist investors Carl Icahn and Mark Rachesky have separately increased their stakes in Navistar International Corp. this week to levels close to the 15% limit that would trigger the poison-pill provision the truckmaker set in place last month.
Schaeffler: Thermal Module Can Hike Fuel Economy 4%
7/12/2012Replacing an engine's thermostat with Schaeffler Group's powertrain thermal management module can reduce cabin warm-up time as much as 40% and boost fuel economy as much as 4%, according to the company.
UPDATE: PSA to Close Plant, Cut As Many as 8,000 More Jobs
7/12/2012PSA Peugeot Citroen says it intends to further slash operating costs by shedding as many as 8,000 jobs in France, shuttering its 39-year-old small-car plant in Aulnay in 2014 and reducing output at a factory in Rennes.
Ford Tops ARPA Grants for Natural Gas Storage Research
7/12/2012Ford Motor Co. has won a $5.5 million grant from the U.S.
Opel CEO Stracke Steps Down
7/12/2012Karl-Friedrich Stracke has abruptly resigned as CEO of General Motors Co.'s Adam Opel unit just two weeks after presenting a new five-year Opel business plan that some investors criticized as slow-paced and vague.
Stracke Gives Up the Wheel at Opel
7/12/2012Karl-Friedrich Stracke has abruptly resigned as CEO of General Motors Co.'s Adam Opel unit just two weeks after presenting a new five-year Opel business plan that some investors criticized as slow-paced and vague.