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  • BERLIN, Feb 5- Volkswagen has postponed publication of its financial results for 2015 and delayed its annual shareholders' meeting as the German carmaker struggles to put an exact price on its diesel emissions scandal. More than four months after the scandal broke in the United States, Europe's leading carmaker is still to come up with a technical fix for almost...

  • BERLIN, Feb 5- German carmaker Volkswagen said it would push back publication of 2015 results and its annual shareholders' meeting as it continues to grapple with effects of its emissions test-rigging scandal. More than four months after the scandal broke in the United States, Volkswagen still lacks a technical solution for almost 600,000 diesel cars and is...

  • The German carmaker said Friday it would give new dates for the earnings release, formerly slated for March 10, and for its shareholder gathering originally set for April 21. The U.S. Environmental Protection Agency is suing the company in federal court over what it says were 600,000 such vehicles. U.S. law firm Jones Day is conducting an investigation into who...

  • FRANKFURT, Feb 5- Daimler Chief Executive Dieter Zetsche insisted on Friday the German carmaker would not sacrifice margins in its quest to overtake arch rival BMW and become the best-selling luxury car brand. Exactly the opposite is true, "he told analysts at a conference to discuss fourth-quarter results in Stuttgart. The Mercedes CEO was more upbeat about...

  • *Labour boss demands more open management style. INGOLSTADT, Germany, Feb 5- Audi's labour boss said he will "hold management responsible" for adopting a new leadership culture, raising pressure on the luxury carmaker to implement change as it grapples with its emissions scandal. "Now we also want a thorough implementation" of new leadership principles, Audi works...

  • *Improved efficiency in China to boost Asia earnings. TOKYO, Feb 5- Toyota Motor Corp raised its full-year net profit forecast on Friday due to improvements in its Chinese operations, while the Japanese automaker also lifted its sales forecast for the North American market, where demand has been booming. The world's biggest-selling automaker said it expected...

  • Toyota Motor Corp., the No. 1 automaker in global vehicle sales, reported Friday a 627.9 billion yen profit for the October-December fiscal third quarter, up from 600 billion yen a year earlier. Toyota's vehicle production in Japan will be suspended from Feb. 8 to Feb. 13. Over the three month period through December, Toyota's vehicle sales rose in North America,...

  • TOKYO, Feb 5- Toyota Motor Corp raised on Friday its full-year sales forecast for North America due to strong demand in the United States, while posting a lower-than-expected operating profit for the third quarter due to an increase in expenses. The world's biggest-selling automaker posted an operating profit of 722 billion yen in the October-December...

  • TOKYO, Feb 5- Japan's Nikkei share average fell for a fourth day on Friday and was on track for a weekly loss as investors are worried that a stronger yen could squeeze exporters' earnings, hurting automakers like Toyota and Honda in particular. The dollar traded at 116.89 yen, up slightly from overnight trade but not far from Thursday's two-week low of 116.525 yen.

  • BRASILIA/ SAO PAULO, Feb 4- Brazil's trade minister called for unrestricted auto trade with Mexico and Argentina on Thursday, after data showed the local automotive sector had its worst January in a dozen years. In a brief interview with Reuters, Trade Minister Armando Monteiro said he would propose free trade in vehicles and auto parts when he travels next week...

  • *European Commission has proposed further reforms. *European Commission demanding answers from Volkswagen. They came close to securing a rare veto in the European parliament of a policy that had the backing of the EU's member state governments and, more grudgingly, the executive European Commission.

  • WASHINGTON/ DETROIT, Feb 4- Continental Automotive Systems said Thursday it supplied potentially defective air bag control units to 5 million vehicles used by Honda, Fiat Chrysler, Mercedes-Benz, and three other manufacturers built over a five-year period worldwide, widening an air bag safety crisis. Continental Automotive, a unit of Germany- based...

  • DETROIT— Haggling over a car price isn't always a bargain. When buyers use TrueCar, they get a bell curve of sales prices reported by dealers, plus three discounted price offers on the car they want from dealers in their area. TrueCar, founded in 2005, makes its money on fees paid by dealers for sales.

  • *ING up on solid results, reassuring message on oil risk. MILAN, Feb 4- European shares fell on Thursday as weak U.S. data fed concerns that the world's biggest economy may be slowing down, with export-oriented auto stocks leading the decline and Credit Suisse tumbling after reporting a full-year loss. "The dollar is weakening because the market is starting to worry...

  • WASHINGTON, Feb 4- Continental Automotive Systems said Thursday it supplied potentially defective airbag control units to 5 million vehicles used in Honda, Fiat Chrysler, Mercedes-Benz and other vehicles built over a five-year period, widening the auto industry's airbag safety crisis. On Thursday, Fiat Chrysler said it is recalling 112,000 U.S. vehicles for...

  • WASHINGTON, Feb 4- Continental Automotive Systems is recalling 5 million potentially defective airbag control units in Honda, Fiat Chrysler and other vehicles built over a five-year period, according to documents made public on Thursday. The unit of Germany- based Continental AG told the U.S. National Highway Traffic Safety Administration that the...

  • WASHINGTON, Feb 4- Continental Automotive Systems is recalling 5 million potentially defective airbag control units in Honda, Fiat Chrysler and other vehicles built over a five-year period, according to documents made public on Thursday. The unit of Germany- based Continental AG told the U.S. National Highway Traffic Safety Administration that the...

  • The documents, posted Thursday on the National Highway Traffic Safety Administration website, said Continental will notify automakers, who will recall cars dating as far back as 2006.. Already Honda, Fiat Chrysler, Volkswagen and Mercedes have issued recalls, and some unidentified Mazda and Volvo Truck vehicles are included. Honda reported two injuries from...

  • AUTO SUPPLIER CONTINENTAL AUTOMOTIVE SYSTEMS IS RECALLING 5 MLN U.S.

  • CARSON CITY, Nev.— Electric carmaker Tesla's northern Nevada battery plant is creating jobs more slowly than first projected, although state officials say it's still making satisfactory progress. Nevada landed the factory after an intense competition between several states. Tesla reported it had invested $374 million in capital in Nevada so far, below the...