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Toyota Expects U.S. Prius Sales to Top 2012 Goal
5/8/2012Toyota Motor Corp. says American sales of its four-model Prius hybrid lineup are likely to exceed its target of 220,000 units this year.
29% of Young Drivers Say They Text While Driving
5/8/2012Almost half of U.S. drivers aged 16-21 agree that texting or using smart-phone apps, e-mail or social media while driving is very dangerous, according to a survey by Consumer Reports.
Romney Takes Credit for Domestic Auto Turnaround
5/8/2012Mitt Romney the presumed Republican presidential nominee and vocal opponent of the U.S. government's $62 billion bailout of Chrysler and General Motors says he deserves "a lot of credit" for the rebound of the two companies.
BMW Global Sales Rise 6% to April Record
5/8/2012BMW AG sold a record 145,500 vehicles worldwide last month compared with 137,200 units in April 2011.
UPDATE: Automakers Boost Sales in China
5/8/2012Most major foreign carmakers are reporting bigger year-over-year sales increases in China for April than they did for March.
Nearly One-Third of Young Drivers Text While Driving
5/8/2012Nearly half of U.S. drivers aged 16-21 agree that texting or using smart-phone apps, e-mail or social media while driving is very dangerous, according to a survey by Consumer Reports.
Ford Plans to Boost Sales Outlets in China 28%
5/8/2012Ford Motor Co. aims to expand its distribution network in China by about 110 dealerships this year, thus bringing the total to 510 outlets, says Asia-Pacific chief Joe Hinrichs.
GM Hires VW Exec to Head Asia-Pacific Sales
5/8/2012General Motors Co. has recruited Mark Barnes, a veteran U.S. sales executive at Volkswagen AG, as vice president of sales, marketing and aftersales at its international unit.
Toyota Attacks Costs
5/8/2012CEO Akio Toyoda has launched a major cost-cutting effort at Toyota Motor Corp. to improve the company's profit margins, Reuters reports.
Opel Restructuring Deal Could Be Three Months Away
5/8/2012Adam Opel labor leader Wolfgang Schaefer-Klug tells reporters that the company could have an agreement with its unions about a turnaround plan in two to three months.