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  • Business events scheduled for the coming month Friday, 27 Feb 2015 | 11:24 AM ET

    WASHINGTON— Commerce Department releases personal income and spending for January, 8:30 a.m. Eastern; Institute for Supply Management releases its manufacturing index for February, 10 a.m.; Commerce Department releases construction spending for January, 10 a.m.. WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.; Labor Department...

  • DETROIT— Fiat Chrysler is recalling more than 467,000 Dodge and Jeep SUVs worldwide to fix a faulty fuel pump relay at the root of a potential stalling problem. The recall announced Friday by the company covers 2012 and 2013 Dodge Durangos and 2011 Jeep Grand Cherokees outside North America. The September recall affected Grand Cherokees and Durangos from 2011...

  • *GM to stop car manufacturing in Indonesia. GM Indonesia to shutter assembly plant, axe 500 jobs. Feb 27- A day after announcing it is to stop making GM-branded cars in Indonesia, General Motors said on Friday it would cease production of its Chevrolet Sonic in Thailand by the middle of this year.

  • NEW YORK, Feb 26- Bondholders are split on a proposed bill to give Puerto Rico's ailing public agencies a way to restructure debt under U.S. bankruptcy law, with some saying it would give confidence to the market and others arguing it is a "Wild West" solution. The bill to give Puerto Rico's agencies the ability to file under Chapter 9 of the U.S. bankruptcy code- used by...

  • *GM to stop car manufacturing in Indonesia. BEIJING, Feb 26- General Motors will stop making GM-branded cars in Indonesia, a battleground for global automakers, closing an assembly plant, axing some 500 jobs and shifting its focus to sport utility vehicles. The retreat also comes as GM drives into Indonesia with its Chinese partner, SAIC Motor Corp..

  • Automakers hire rocket firm to probe air bag problems Thursday, 26 Feb 2015 | 10:43 AM ET

    Ten automakers whose vehicles have been recalled because of problems with Takata Corp. air bags said Thursday they have jointly hired Orbital ATK to figure out the problem. Air bags inflators made by Takata of Japan can explode with too much force, sending shrapnel into car and truck cabins. So far, about 17 million cars and trucks have been recalled in the U.S. and...

  • DETROIT— Fiat Chrysler is recalling nearly 26,000 midsize cars in North America to fix automatic transmissions that might not shift into park. The recall covers the Chrysler 200 with V-6 engines from the 2015 model year. The company said manufacturing problems at a parts supplier's factory can cause the nine-speed transmissions to malfunction.

  • WASHINGTON/ DETROIT, Feb 25- A U.S. safety regulator on Wednesday ordered Takata Corp to preserve all air-bag inflators removed through a recall process as evidence for both a federal investigation and private litigation cases. Secretary of Transportation Anthony Foxx also prohibits Takata from destroying or damaging any air-bag inflators except those...

  • US agency orders air bag maker to preserve parts in probe Wednesday, 25 Feb 2015 | 5:05 PM ET

    DETROIT— U.S. safety regulators have ordered Japanese air bag maker Takata Corp. to preserve air bag parts from recalled cars for government investigators and attorneys who are suing the company. Ten different automakers have recalled about 17 million cars and trucks in the U.S., and recovered inflators have been sent to Takata. The order stops Takata from...

  • Automotive News initially reported GM's plans for its plants in Lake Orion, Michigan, and Oshawa, Ontario, citing sources. The plant was also idle last week and previously had scheduled a down week April 6-10, Automotive News said. On Feb. 1, there was a 216- day supply of Sonics on dealer lots or on the way to stores, the highest inventory level since the debut in August...

  • DETROIT, Feb 25- General Motors Co is cutting production at two of its North American car plants as supplies of vehicles including the Chevrolet Sonic and Buick Regal rise, Automotive News reported on Wednesday, citing sources familiar with the company's plans. The company's "flex" line at its Oshawa, Ontario, plant will be idled April 13-17, cutting output of the...

  • DETROIT, Feb 25- General Motors Co is cutting production at two of its North American car plants as supplies of vehicles including the Chevrolet Sonic and Buick Regal rise, Automotive News reported on Wednesday, citing sources familiar with the company's plans. The company's "flex" line at its Oshawa, Ontario, plant will be idled April 13-17, cutting output of the...

  • This week, strong showings in two influential quality surveys are bringing good publicity to a nameplate that was inches from the grave when its parent company, General Motors, was in bankruptcy six years ago. Buick has been on J.D. Power's top 10 brand list for long-term reliability every year for the past decade, even winning top honors in 2007 and 2009. This year,...

  • NEW YORK, Feb 24- The shuttered Revel Casino Hotel in Atlantic City, New Jersey, again has a buyer- and again it's Florida developer Glenn Straub, who was lured back by a discounted price of $82 million. New Jersey's governor, Chris Christie, recently appointed an emergency manager to reinvigorate the city's finances and appointed Kevyn Orr, who put Detroit into...

  • DETROIT— Buick is the first U.S.-based automotive brand to crack the top 10 in Consumer Reports magazine's annual brand report cards. But the brand rankings and top picks still were dominated by Japanese and German manufacturers, with Lexus, Mazda, Toyota, Audi and Subaru taking the top five brand spots. Porsche placed just ahead of Buick at No. 6, while Honda, Kia...

  • DETROIT— It's a case of buyer beware, with potentially dangerous consequences. More than 46 million cars and trucks on the road in the U.S.— about one-fifth the total— were recalled because of safety defects but never repaired, according to a study by Carfax, a company that sells vehicle history reports. "It's a very major public safety problem," says Chris Basso, a...

  • Mitsubishi's iMiev remains cheapest electric Tuesday, 24 Feb 2015 | 11:35 AM ET

    DETROIT— Mitsubishi's 2016 iMiev will remain the cheapest electric car on the market when it goes on sale in the U.S. next month. The iMiev was introduced in 2011. Two years later, Mitsubishi dropped its price by $5,000 to ensure it would be cheaper than newer entries like the electric Chevrolet Spark. Mitsubishi sold 196 iMievs in the U.S. last year, down 81 percent...

  • DETROIT— General Motors is recalling about 67,000 Cadillac ATS compact sports sedans to fix a problem with the power sunroof controls. The recall affects cars from the 2013 through 2015 model years. Dealers will replace a switch trim plate to fix the cars, which mainly were sold in the U.S. and Canada.

  • DETROIT— The death toll from crashes involving General Motors cars with defective ignition switches has climbed to 57.. It was posted Monday on an Internet site by compensation expert Kenneth Feinberg. Feinberg and his aides are checking claims filed or postmarked before a Jan. 31 deadline to determine which are eligible for compensation.

  • American Axle beats Street 4Q forecasts Monday, 23 Feb 2015 | 8:42 AM ET

    DETROIT _ American Axle& Manufacturing Holdings Inc. on Monday reported fourth-quarter profit of $13.2 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 54 cents per share. American Axle shares have risen 13 percent since the beginning of the year.