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NHTSA Expands, Upgrades Toyota Fire Probe
6/18/2012U.S. safety investigators have widened their probe into the cause of power window master switch failures in Toyota Motor Corp. vehicles to more than 1.4 million units.
India Leaves Interest Rates Unchanged
6/18/2012The Reserve Bank of India has left its key interest rate at 8%, surprising economists who expected the bank would respond to slowing growth by cutting borrowing costs.
NHTSA Extends Toyota Fire Probe to 1.4 Million Vehicles
6/18/2012U.S. safety investigators have widened their probe into the cause of power window master switch failures in Toyota Motor Corp. vehicles to more than 1.4 million units.
Nissan Aims to Double U.S. Sales of Leaf EV
6/18/2012Nissan Motor Corp. confirms that it expects to boost American sales of its Leaf electric subcompact to about 20,000 units during the current fiscal year ending in March 2013 from about 10,000 units in the previous 12 months Bloomberg New reports.
India Leaves Interest Rates Unchanged
6/18/2012The Reserve Bank of India has left its key interest rate at 8%, surprising economists who expected the bank would respond to slowing growth by cutting borrowing costs.
GM Overhauls Global Design Structure
6/18/2012General Motors Co. has restructured its global design organization by creating new positions for executive director jobs of its four main North American brands and a global overseer of advanced design.
GM Revamps Global Design Structure
6/18/2012General Motors Co. has restructured its global design organization by creating new positions for executive director jobs of its four main North American brands and a global overseer of advanced design.
GM Shuffles Global Design Executives
6/18/2012General Motors Co. has appointed David Lyon to take over as vice president of design for GM Europe on Aug. 1.
GM Retirees: Swapping Pension for Annuity Too Risky
6/18/2012A group of General Motors Co. retired U.S. salaried employees has sharply criticized the company's plan to roll over their pension funds into group annuity run by Prudential Insurance Co. of America, which would make future monthly payments.
Toyota Reaffirms Plan to Maintain Japan Output
6/18/2012President Akio Toyoda reiterates that Toyota Motor Co. will continue to produce at least 3 million vehicles per year in Japan despite the strong yen.