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  • Ferrari gives caution 2016 guidance, shares drop Tuesday, 2 Feb 2016 | 11:28 AM ET

    MILAN, Feb 2- Italian carmaker Ferrari has made a cautious forecast for its financial performance this year, its first as a standalone company, after reporting fourth-quarter numbers in line with expectations, pushing its shares down more than 8 percent. Ferrari, which was spun off from Fiat Chrysler Automobiles at the start of the year, said on Tuesday it expects...

  • DETROIT, Feb 2- U.S. auto sales appeared to fare better than expected in January, early returns showed on Tuesday, as the industry benefited from low gasoline prices, easy credit and moderate economic growth. Those trends, which boosted sales in 2015, helped blunt the challenges of two fewer selling days and a massive East Coast snowstorm in January.

  • FRANKFURT, Feb 2- Chancellor Angela Merkel summoned auto bosses to Berlin on Tuesday to discuss ways to increase sales of low emissions electric and hybrid cars in the wake of Volkswagen's pollution cheating scandal. BMW, Mercedes-Benz and Audi now rank 12th, 14th and 22nd respectively in terms of global sales of hybrid and electric vehicles, data from LMC...

  • MOSCOW, Feb 2- As Russia wrestles with an economic crisis, more and more Porsches and Rolls-Royces are appearing on its roads. Sales of Porsche, Bentley, Rolls-Royce and Lexus cars all rose last year, even as Russia sank into recession. "It's bizarre," said IHS Automotive analyst Tim Urquhart.

  • Why self-driving cars could upset insurers Tuesday, 2 Feb 2016 | 9:29 AM ET
    A bicyclist rides by a Google self-driving car at the Google headquarters.

    Self-driving cars and automatic safety features are set to reduce the number of road accidents, but could dent the revenues of car insurers.

  • DETROIT, Feb 2- Fiat Chrysler Automobiles and Nissan Motor Co reported higher U.S. sales for January, indicating a stronger-than-expected start of the year for the auto industry than many observers expected. Fiat Chrysler shares traded in Milan rose from the minutes after its U.S. sales were announced. They were up 1 percent at 6.45 euros on Tuesday afternoon in...

  • January US auto sales fall slightly due to storm Tuesday, 2 Feb 2016 | 8:10 AM ET

    Sales fell less than 1 percent to 1.1 million, according to Autodata Corp. The mid-January storm, which buried New York and Washington D.C. under more than 2 feet of snow, cost automakers around 15,000 vehicle sales, said John Humphrey, J.D. Power's senior vice president of automotive. Ford, Toyota, Honda and Volkswagen all saw sales decline from last January.

  • DETROIT, Feb 2- Fiat Chrysler Automobiles reported its 70th straight month of year-on-year monthly sales gains in the United States on Tuesday, with January sales up 7 percent. The two brands appear to be the key to the company's future in North America after Chief Executive Officer Sergio Marchionne announced last week that Fiat Chrysler would stop...

  • *China says not protectionism; standards just lag Europe. BEIJING, Feb 2- Some global automakers are worried that China is pushing its weight around as the world's biggest car market- by enforcing its own, often outdated, vehicle certification standards on foreign cars. China previously allowed global brands to sell cars without local certification in many...

  • WASHINGTON, Feb 1- Volkswagen AG faces a Feb. 2 deadline to submit a repair plan for 80,000 diesel SUVs and larger cars that emit excess pollution, even as it considers buying back some vehicles and a prior fix plan for smaller vehicles was rejected. The second largest automaker still hasn't announced any timetable for winning approval from U.S. and California...

  • Bullish Tesla analyst now worried about growth Monday, 1 Feb 2016 | 2:24 PM ET
    Tesla Model S is seen ahead of the IAA Frankfurt Motor Show in Frankfurt, Germany on September 15, 2015.

    Morgan Stanley's Adam Jonas says he sees several signs that Tesla will face tougher growth prospects in coming years.

  • PARIS, Feb 1- French car registrations rose 3.9 percent in January, the country's main auto industry body said on Monday, as Volkswagen appeared to shrug off the scandal over its diesel test-rigging, outpacing Renault and PSA Peugeot Citroen. Sales rose to 138,395 cars, the Paris- based CCFA said in a statement. France's domestic brands also lagged behind foreign...

  • TOKYO— Toyota Motor Corp. said Monday it will suspend vehicle production in Japan for six days this month due to a shortage of parts. The automaker said the shortage stems from a Jan. 8 explosion at an Aichi Steel Corp. manufacturing plant. Vehicle production in Japan will be suspended from Feb. 8 to Feb. 13.

  • Toyota may halt Japan output on steel shortage Saturday, 30 Jan 2016 | 3:24 AM ET
    A Toyota dealership in Deerfield Beach, Florida.

    Toyota Motor said it may halt production at domestic plants early next month due to a steel shortage after an explosion at a plant operated by an affiliate.

  • DETROIT, Jan 29- General Motors Co executives used to boast about how frequently the company redesigned cars and trucks. Starting with the new Chevrolet Cruze compact, the basic underpinnings of vehicle lines could last a dozen years or more, GM President Dan Ammann told Reuters. The move underscores the balancing act the automaker faces in tackling...

  • VW halts production at two German plants -spokesman Friday, 29 Jan 2016 | 3:11 PM ET

    BERLIN, Jan 29- Volkswagen is suspending production at its main gearbox plant as the carmaker grapples with reduced demand and the effects of technical problems at another German site. Europe's largest automaker will halt production in some areas of its factory in Kassel on Feb. 1, Feb. 5 and Feb. 8, a spokesman for the factory said on Friday, confirming a report by...

  • The U.S. National Highway Traffic Safety Administration, which said on Friday that 846,000 vehicles in the United States would be recalled, has received complaints from owners of Altimas whose hoods unexpectedly opened. Transport Canada in an online posting on Friday said 24,895 vehicles were affected. Nissan spokesman Steve Yaeger said 58,644 vehicles...

  • PROVIDENCE, R.I.— Rhode Island is offering $2,500 rebates to encourage residents to buy or lease plug-in cars, joining a growing number of states inviting drivers to go electric. Only about 450 electric-powered vehicles are on the roads of the nation's smallest state, far fewer than in neighboring Massachusetts— where nearly 5,500 are registered— or...

  • BERLIN/ FRANKFURT, Jan 29- German politicians and auto executives will discuss creating incentives worth up to 5,000 euros to boost sales of electric and hybrid cars, a senior ally of Chancellor Angela Merkel said on Friday. Germany has set itself a goal of bringing 1 million electric cars onto its roads by 2020, but has so far made little progress in encouraging...

  • Suzuki recalls 68K motorcycles Friday, 29 Jan 2016 | 10:00 AM ET
    Suzuki recalls 68K motorcycles

    The auto company is recalling motorcycles due to a battery charging system issue.