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  • DETROIT, Oct 22- The United Auto Workers hopes to be recognized as the exclusive bargaining agent for workers at a Volkswagen AG assembly plant in Chattanooga, Tennessee within a year, the union's President Dennis Williams said on Wednesday. He said "I hope so," however, when asked if the UAW would gain recognition to bargain for VW workers by the time contract talks...

  • DETROIT, Oct 22- Detroit's relatively fast move through municipal bankruptcy has resulted in costly creditor settlements and too little emphasis on fixing the city's broken operations, a restructuring expert testified in U.S. Bankruptcy Court on Wednesday. Still, Martha Kopacz, who was appointed by Judge Steven Rhodes to assess the viability of Detroit's...

  • 'Silicon Beach' brings tech boom to Los Angeles Wednesday, 22 Oct 2014 | 1:41 PM ET

    LOS ANGELES— So long Silicon Valley. In the past few years Google, Microsoft, Facebook, and YouTube have opened offices on the west side of Los Angeles from Santa Monica south to Venice and Playa del Rey. "Historically, Silicon Valley has been the center of gravity for tech and startups but I think more and more, these types of companies can be built anywhere," says Erik...

  • EPA: Gas mileage inflated on 4 Mini Cooper models Wednesday, 22 Oct 2014 | 10:56 AM ET

    It's the fourth time in the past two years that the EPA has found that an automaker overstated gas mileage test results. The automakers do their own estimates based on testing guidelines from the EPA. Hyundai-Kia, Ford and Mercedes-Benz all had to reduce mileage estimates on some of their models as the EPA increased its auditing efforts.

  • Expert says Detroit bankruptcy plan feasible Wednesday, 22 Oct 2014 | 9:18 AM ET

    DETROIT— Detroit's plan to get out of bankruptcy is feasible, a court-appointed expert testified Wednesday as the last witness in a historic trial to determine whether the largest city in U.S. history to file for Chapter 9 can get back on its feet. Martha Kopacz, a Boston- based expert who has participated in hundreds of restructurings, expressed confidence that...

  • DETROIT, Oct 22- U.S. safety regulators on Wednesday expanded the number of vehicles in the United States that may be affected by recalls for potentially defective Takata Corp air bags that could spray shrapnel at occupants. The NHTSA has urged owners of certain Toyota, Honda, Mazda, BMW, Nissan, Mitsubishi, Subaru, Chrysler, Ford and General Motors vehicles to...

  • Government ups air bag warning to 7.8M vehicles Wednesday, 22 Oct 2014 | 8:42 AM ET

    DETROIT— In a story Oct. 20 about an auto industry air bag recall, The Associated Press reported an incorrect age for Hien Thi Tran, who died after being severely injured in a Florida crash. DETROIT— The U.S. government issued an urgent plea to more than 4.7 million people to get the air bags in their cars fixed, amid concern that a defect in the devices can possibly kill...

  • FRANKFURT, Oct 22- Daimler AG will book a $780 million windfall from the sale of its four percent stake in U.S. electric car maker Tesla Motors, a move late on Tuesday that surprised investors and fuelled speculation of a growing rivalry. The maker of Mercedes-Benz cars invested in Tesla in 2009 as a way of securing cutting edge battery technology.

  • FRANKFURT, Oct 21- Daimler AG said on Tuesday it would book a $780 million windfall from selling its 4 percent stake in rival electric car maker Tesla Motors Inc. The stake sale comes as a surprise, even though the Stuttgart- based maker of Mercedes-Benz cars insisted that a technological cooperation deal between the two carmakers remains unchanged.

  • DETROIT, Oct 21- Michigan Governor Rick Snyder signed a bill on Tuesday that will keep electric carmaker Tesla Motors Inc from selling its cars directly to consumers in the state, home to the biggest U.S. automakers. Michigan becomes the fifth U.S. state to keep Tesla from easily selling cars directly to consumers, joining Texas, New Jersey, Arizona and Maryland,...

  • DETROIT, Oct 21- The U.S. judge overseeing Detroit's historic bankruptcy dropped hints on Tuesday on what he wants to hear in the city's closing statements and what he may be scrutinizing in creditor settlements. "We are getting finality and stability going forward," state-appointed Emergency Manager Kevyn Orr told U.S. Bankruptcy Court Judge Steven Rhodes,...

  • Detroit plans to sell scrapped copper wire Tuesday, 21 Oct 2014 | 2:37 PM ET

    DETROIT— The city of Detroit plans to sell 13 million pounds of copper wire from its public lighting operation. Financial consultant Gaurav Malhotra testified Tuesday in Detroit's bankruptcy trial that the city is budgeting for $25 million over six years from such a sale, but the scrapped metal could bring in about $40 million. Detroit is phasing its...

  • DETROIT, Oct 21- The federal judge overseeing Detroit's historic bankruptcy case wants the city to explain its settlements with creditors and its exit financing in closing arguments next week, he said on Tuesday. Detroit Mayor Mike Duggan had raised concerns about the financing for the city's bankruptcy exit when he testified earlier this month, as well as the...

  • DETROIT, Oct 20- Toyota Motor Corp recalled 247,000 cars, SUVs and pickup trucks in the United States on Monday because of potentially defective front passenger air bag inflators from Japan's Takata Corp that can rupture and spray metal shrapnel, according to U.S. safety regulators. That raised the number of vehicles affected by regional recalls launched in...

  • GM ignition switch death count rises to 29 Monday, 20 Oct 2014 | 11:46 AM ET

    DETROIT— At least 29 people have died and 27 people have been seriously injured in crashes involving General Motors cars with defective ignition switches. Attorney Kenneth Feinberg, who was hired by GM to compensate victims, updated the totals Monday. Feinberg will accept claims until Dec. 31.

  • US agency warns car owners to get air bags fixed Monday, 20 Oct 2014 | 11:46 AM ET

    Multiple automakers have recalled vehicles in the U.S. over the past two years to repair air bag inflators made by Takata Corp., a Tokyo- based supplier of seat belts, air bags, steering wheels and other auto parts. In a statement Monday, the National Highway Traffic and Safety Administration warned owners of those cars to act right away. The warning covers cars made...

  • DETROIT— US safety agency warns owners of 4.7 million recalled vehicles to get air bags repaired.

  • Toyota adds 247K vehicles to air bag recall tally Monday, 20 Oct 2014 | 10:14 AM ET

    DETROIT— Toyota is recalling 247,000 vehicles in high-humidity areas as an air bag problem that has plagued most of the auto industry continues to widen. Inflators can rupture in air bags manufactured by parts supplier Takata, causing metal fragments to fly out when bags are inflated in crashes. The recall covers vehicles in South Florida, along the Gulf Coast,...

  • Detroit bankruptcy decision set for early November Monday, 20 Oct 2014 | 9:54 AM ET

    DETROIT— A judge pledged Monday to make a swift decision on Detroit's plan to get out of bankruptcy, signaling that the largest U.S. case of an insolvent local government could close in just a few more weeks. Judge Steven Rhodes said he'll start hearing final arguments on Oct. 27 and announce whether Detroit's plan is fair and feasible no later than Nov. 7.

  • AAA Michigan: Gas prices unchanged in past week Monday, 20 Oct 2014 | 6:23 AM ET

    DEARBORN, Mich.— AAA Michigan says gasoline prices have held steady from last week for a statewide average of about $3.13 per gallon. Dearborn- based AAA Michigan surveys fuel costs at 2,800 Michigan gas stations daily. Gas in the Detroit area fell about 8 cents to $3.09 per gallon.