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  • VW, GM shudder as China profit engine sputters Thursday, 16 Jul 2015 | 5:31 PM ET

    Both Volkswagen and GM are heavily exposed to China, which remains a growth market, but last week cut its 2015 forecast for vehicle sales. Barclays downgraded GM's stock to "equal weight" from "overweight" on Thursday, saying it was likely to face the sharpest of the China headwinds among the U.S. autos and auto part makers it covers. GM made 40 percent of its net income...

  • GOP bill would undermine auto, rail safety regulations Thursday, 16 Jul 2015 | 3:42 PM ET

    A bill approved this week on a party-line vote by a Senate committee brims with industry-sought provisions that would block, delay or roll back safety rules. The measure is to be part of a must-pass transportation bill that GOP leaders hope to put to a vote in the Senate as early as next week. One provision would block a new Department of Transportation rule...

  • DETROIT— General Motors officials met Thursday with the leader of an activist group demanding the automaker cut financial ties with Kid Rock over the musician's use of the Confederate battle flag, a discussion that both sides appeared optimistic about. Charles Williams II gave details about the meeting, but their comments indicated that some sort of...

  • Michigan plant will build Lincoln Continental Wednesday, 15 Jul 2015 | 4:04 PM ET

    DETROIT— A Michigan assembly plant will build the revived Lincoln Continental sedan. Ford Motor Co. said Wednesday that Flat Rock Assembly in suburban Detroit will build the Continental, which goes on sale sometime next year. Continentals were made at Michigan's Wixom Assembly Plant from 1958 to 2002. That plant closed in 2007..

  • DETROIT— Nissan is recalling about 270,000 vehicles worldwide because the ignition start buttons can malfunction and unexpectedly shut down the engine. Nissan says the buttons can stick inside a housing when exposed to hot temperatures. Nissan said in documents posted Tuesday with the U.S. National Highway Traffic Safety Administration that it got five...

  • Toyota recalls 625,000 hybrids worldwide Wednesday, 15 Jul 2015 | 1:42 PM ET

    DETROIT— Toyota is recalling 625,000 Prius hybrid vehicles worldwide because they can stall without warning. In the U.S., the recall affects 109,000 Prius V wagons from the 2012 to 2014 model years. The Prius V is known as the Prius Plus and Prius Alpha in other markets.

  • Ford temporarily halts edge sales to repair flaw Wednesday, 15 Jul 2015 | 12:02 PM ET

    DETROIT— Ford is temporarily halting sales of some Edge SUVs because water can leak inside and cause damage. The issue involves Edges built before April 28. Ford Motor Co. says around 19,000 SUVs potentially affected by the issue have already been sold to customers.

  • Subaru recalls 32,400 compact cars to fix air bag problem Wednesday, 15 Jul 2015 | 8:20 AM ET

    DETROIT— Subaru is recalling 32,400 Impreza compact cars in the U.S. to fix a problem that can stop the front passenger air bag from inflating in a crash. The recall affects certain four-door and station wagon Imprezas from the 2012 model year. Subaru says the system that detects the size of a person sitting in the passenger seat can malfunction if a phone or music...

  • WASHINGTON, July 14- Within hours of the announcement of an Iran nuclear deal early on Tuesday, lawyers around Washington were fielding calls from U.S. corporate clients eager to know what the 159- page deal would mean for their business prospects. U.S. companies face losing out to foreign competitors in Iran as they wait for signs that Tuesday's historic...

  • ARLINGTON, Texas, July 14- General Motors Co. GM Chief Executive Mary Barra has promised investors that the automaker will generate an average 20 percent return on its capital investments going forward, but the money spent on Arlington will deliver well in excess of that, people familiar with the company's plans say. Though GM operates almost 400 factories...

  • July 14- U.S. safety regulators said they were investigating airbag inflators made by ARC Automotive Inc for rupture, the second company to be probed for defective airbags after Japan's Takata Corp.. The ARC probe will cover airbags in about 420,000 Fiat Chrysler Town and Country minivans from model year 2002, and 70,000 Kia Optima midsize sedans from model...

  • DETROIT, July 13- General Motors Co and the United Auto Workers on Monday kicked off bargaining that will determine labor costs for the U.S. operations of the Detroit Three with a show of harmony that extended to the blue, open-collar shirts worn by officials on each side. UAW President Dennis Williams and GM Chief Executive Mary Barra staged the first of three...

  • GM-UAW launch bargaining with show of harmony Monday, 13 Jul 2015 | 1:22 PM ET

    DETROIT, July 13- General Motors Co and the United Auto Workers on Monday kicked off bargaining that will determine labor costs for the U.S. operations of the Detroit Three with a show of harmony that extended to the blue, open-collar shirts worn by officials on each side. UAW President Dennis Williams and GM Chief Executive Mary Barra staged the first of three...

  • BEIJING July 13- Prices for German luxury cars in China are tumbling as the country's stock market sell-off and worries about broader economic growth chill demand for auto brands that once commanded price premiums from affluent Chinese consumers. After a fall-off in customer traffic and orders, a dozen BMW stores run by a dealer group with showrooms across...

  • BEIJING July 11- Prices for German luxury cars in China are tumbling as the country's stock market sell-off and worries about broader economic growth chill demand for auto brands that once commanded price premiums from affluent Chinese consumers. A China- based spokesman for Mercedes-Benz owner Daimler AG could not immediately be reached for comment.

  • BEIJING July 11- Prices for German luxury cars in China are tumbling as the country's stock market sell-off and worries about broader economic growth chill demand for auto brands that once commanded price premiums from affluent Chinese consumers. A China- based spokesman for Mercedes-Benz owner Daimler AG could not immediately be reached for comment.

  • "Walmart and others were a fundamental force in getting many companies to go the way of the dodo," he said. Avgoustis was among some 2,000 executives from U.S. manufacturing companies who journeyed to Wal-Mart Stores Inc headquarters here on July 7 to huddle in tiny conference rooms with Walmart buyers and present products made in the U.S. They would also get...

  • DETROIT, July 10- The Big Three U.S. automakers and the United Auto Workers union will kick off bargaining Monday for new contracts that would set how much more robust, post-recession profits the industry shares with workers, and determine union costs to win more U.S. jobs. UAW leaders said they will insist on raises for 139,000 blue-collar workers at U.S. plants...

  • SAN FRANCISCO/ DETROIT, July 10- Carmakers are limiting the data they share with technology partners Apple Inc and Google Inc through new systems that link smartphones to vehicle infotainment systems, defending access to information about what drivers do in their cars. "We need to control access to that data," said Don Butler, Ford Motor Co's executive director of...

  • DETROIT, July 9- Ford Motor Co will move production of its Focus small cars and C-Max hybrids from its Michigan Assembly Plant near Detroit in 2018, it said on Thursday, highlighting difficulties U.S. automakers are having building fuel-efficient vehicles profitably at home. "We actively are pursuing future vehicle alternatives to produce at Michigan...