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Oil Prices Drop to Six-Month Low
5/15/2012Crude oil futures fell 80 cents per barrel on Tuesday on the New York Mercantile Exchange to settle at $93.98, the lowest closing price since Dec. 19.
Germany Helps Eurozone Skirt Recession
5/15/2012The eurozone barely avoided falling back into recession in the first three months of 2012, according to EU statistics bureau Eurostat.
U.S. Inflation Halted in April
5/15/2012America's consumer price index was unchanged from March to April, reined in by a drop in energy prices, the Dept. of Labor says.
GM’s Facebook Ads Didn’t Win Enough Friends
5/15/2012General Motors Co. says it will end its paid advertising on Facebook after concluding that the campaign didn't have much impact on users of the social media site.
Ford’s Sales in Europe Drop 10%
5/15/2012Ford Motor Co.'s sales in Europe fell to 115,700 vehicles last month compared with 105,200 in April 2011.
Ford’s Sales Fall 10% in Europe
5/15/2012Ford Motor Co.'s sales in Europe dropped to 115,700 vehicles last month compared with 105,200 in April 2011.
Investor Optimism Fades in Germany
5/15/2012Germany's investor community is slightly more positive about the country's current economic conditions than it was in April.
Former Ford Chairman Poling Dies
5/15/2012Harold "Red" Poling, retired chairman and CEO of Ford Motor Co., who led the company through two U.S. recessions, died on Saturday in Pacific Grove, Calif.
BMW Reveals 3 Series Wagon
5/15/2012BMW AG says the sport wagon version of its redesigned 3 Series sedan will debut in Europe this autumn and in the U.S. next spring.
GM to Debut Small Crossover for Global Markets
5/15/2012General Motors Co. says it will use the Paris auto show in September to publicly introduce the Chevrolet Trax, a small crossover vehicle to be sold in 140 markets but not in the U.S.