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  • European shares close sharply lower on China concerns Monday, 27 Jul 2015 | 12:28 PM ET

    *China- exposed stocks among top decliners. LONDON, July 27- European equities dropped to a two-week low on Monday, recording their fifth straight daily decline, as fears for China's growth prospects overshadowed some forecast-beating results. But shares fell further following a weaker start on Wall Street on concerns that China's growth prospects were...

  • *Valeo sinks 3.7 pct despite guidance upgrade. *JPMorgan stays overweight Europe equities. "Most of the fall is coming from China...

  • *Valeo sinks 3.7 pct despite guidance upgrade. *JPMorgan stays overweight Europe equities. LONDON, July 27- European equities started the week on a downbeat note, heading for their fifth straight daily fall, with worries over China's growth prospects overshadowing some forecast-beating corporate results.

  • *Faurecia raises 2015 cash flow goal. PARIS, July 24- French car parts maker Faurecia said on Friday it was on track to beat its 2015 profitability target, sending its shares higher after first-half earnings almost doubled thanks to a recovering European car market and the help of a weaker euro. Net income rose to 157 million euros in January-June from 80 million a...

  • FRANKFURT, July 21- Dutch mapmaker TomTom has deepened its partnership in high-definition mapping with German auto supplier Robert Bosch to refine the technology crucial for autonomous driving. "By the end of 2015 we want to have new high-precision maps for automated driving for all freeways and freeway-like roads in Germany," said Jan Maarten de Vries,...

  • AMSTERDAM, July 21- Dutch navigation firm TomTom, which aims to reinvent itself as a supplier of high-definition maps for self-driving cars, posted quarterly results that hammered home how far it has travel to compete with major rival Nokia HERE. With Nokia expected to sell HERE to a consortium of German carmakers, industry experts see TomTom as an alternative...

  • July 20- France's Faurecia SA is set to explore a sale of its bumpers business, which may be worth about $450 million, Bloomberg reported on Monday, citing sources. The company, majority owned by PSA Peugeot Citroen, has also hired Citigroup Inc to work on a potential dispute, Bloomberg reported on its website. Faurecia, which has been considering a sale for about...

  • TORONTO/ FRANKFURT, July 16- Canadian automotive parts maker Magna International Inc said on Thursday it would buy privately-owned German car parts maker Getrag for 1.75 billion euros, in a bid to expand its automotive transmission systems business. Earlier this year, Magna sold most of its automotive interiors unit to Spain's Grupo Antolin for $525 million.

  • TORONTO, July 16- Canadian automotive parts maker Magna International Inc said on Wednesday it will buy privately owned German car parts maker Getrag for 1.75 billion euros, in a bid to expand its automotive transmission systems business. Earlier this year, Magna sold most of its automotive interiors unit to Spain's Grupo Antolin for $525 million.

  • Getrag is a joint-venture partner of Ford Motor Co and counts BMW, Daimler, Renault SA and Volvo among its customers.

  • LONDON, July 15- European private equity firm Apax has hired JP Morgan and UBS to explore a stock market listing or sale of its Italian auto-parts distributor Rhiag, six sources familiar with the matter said on Wednesday. But Apax, which bought the company in October 2013, wants to take advantage of high industry valuations and growing investors' appetite for...

  • Indian business dreads lifting of Iran sanctions Wednesday, 8 Jul 2015 | 9:28 PM ET

    *Exporters face renewed competition for Iran market. "I have been forced to take sleeping pills now to avoid nightmares as my business with Iran has drastically come down," said Bansal, 43, from his base in a teeming commercial district of South Delhi. Bansal's trading firm, TMA International, has expanded from metals into motors, auto parts and chemicals as rivals...

  • Maria-Elisabeth Schaeffler was moved to tears when 8,000 Schaeffler employees gathered near the family-controlled company's headquarters in 2009 to demand the German government help avert the ballbearing maker's collapse. The previous year, the matriarch and her son Georg had launched Schaeffler's audacious debt-financed takeover of Continental,...

  • *Family-owned company seeking to expand in US, Asia. The company, which specialises in exhaust technology as well as heating and air conditioning systems, has mandated Citi to help it look at strategic options, including whether to continue without new tie-ups, the sources said. "Eberspaecher does not necessarily need money and partnering with a peer would be...

  • Pep Boys, unlike AutoZone Inc and Advance Auto Parts Inc, has not benefited from healthy U.S. auto demand mainly due to higher costs and falling sales in its do-it-yourself business. "Pep Boys have been around for a long time but they weren't generating business the way AutoZone was," S&P Capital IQ analyst Efraim Levy said. "AutoZone came more to the forefront of many...

  • June 30- Pep Boys- Manny, Moe& Jack, an auto parts retailer, said it was considering putting itself up for sale, as it embarks on a strategic review barely two weeks after it named a new chief executive. Private equity firm Golden Gate Capital and other suitors had expressed interest in buying Pep Boys, the Wall Street Journal reported in May, citing people familiar with...

  • Auto parts retailer Pep Boys says may sell itself Tuesday, 30 Jun 2015 | 8:50 AM ET

    June 30- Pep Boys- Manny, Moe& Jack, an auto parts retailer, said it was considering putting itself up for sale, as it embarks on a strategic review.

  • MOSCOW, June 23- Russian automaker Avtovaz resumed production at its car assembly lines on Tuesday after experiencing problems with the supply of auto parts, the company said.

  • European shares sag as Greek stocks' losing streak worsens Wednesday, 17 Jun 2015 | 12:28 PM ET

    *Greece concerns, U.S. rate hike prospects dampen sentiment. *Telecom Italia up on report Vivendi to increase stake. LONDON, June 17- European stock markets lost ground on Wednesday as persistent concerns over Greece's debt problems offset gains in Telecom Italia and shares in energy companies.

  • European shares sag as Greek stocks lose more ground Wednesday, 17 Jun 2015 | 10:17 AM ET

    *Greece concerns, U.S. rate hike prospects dampen sentiment. *Telecom Italia up on report Vivendi to increase stake. LONDON, June 17- European stock markets edged lower on Wednesday as persistent concerns over Greece's debt problems offset gains in Telecom Italia and shares in energy companies.