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Bentley First-Quarter Sales Soar 47%
4/4/2012Volkswagen AG's Bentley Motors unit boosted sales 47% to nearly 1,800 vehicles worldwide in the first quarter of this year compared with 1,200 units in the same period of 2011.
Oil Prices Drop Below $102
4/4/2012Crude oil futures fell $2.54 per barrel on the New York Mercantile Exchange on Wednesday to close at a seven-week low of $101.47.
U.K. Union: Loss of Astra Output Would Doom Plant
4/4/2012General Motors Co.'s Opel assembly plant in Ellesmere Port, England, will close if the company decides not to build the next-generational Astra small car there, the Unite union tells Dow Jones Newswires.
Ford Raises 2012 Outlook for American Auto Market
4/4/2012Ford Motor Co. has hiked its forecast for industrywide U.S. vehicle sales 5% to 14.5 million-15 million units, including medium- and heavy-duty trucks, says Mark Fields, president of the company's Americas unit.
Retired Toyota Chair Okuda Named to Bank Post
4/4/2012The state-owned Japan Bank for International Cooperation has appointed Hiroshi Okuda, retired president and chairman of Toyota Motor Corp., as its new president.
Fisker May Abandon U.S. Assembly Plant
4/4/2012Fisker Automotive Inc. says it may not produce its Karma and just-announced Atlantic extended-range hybrid cars at its factory in Wilmington, Del., after all.
Porsche to Add Diesel Cayenne in U.S.
4/4/2012Porsche AG says it will debut a diesel option for U.S. versions of its 2013 Cayenne crossover in September.
Fisker May Scrap Plans for Delaware Plant
4/4/2012Fisker Automotive Inc. says it is reviewing its plans to build its new Atlantic extended-range hybrid at a former General Motors Co. factory in Wilmington, Del., because it lacks the funds to retool and staff the facility.
Auto Sales Climb 13% in U.S.
4/4/2012Carmakers sold 1.4 million light vehicles in the U.S. last month compared with 1.2 million in March 2011, according to Autodata Corp.
Nissan Unveils Redesigned Altima
4/4/2012Nissan Motor Co. is touting its revamped 2013 Altima midsize sedan as lighter and more efficient than its competitors.