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  • *FCA trading on NYSE opens 1330 GMT, followed by Milan. MILAN, Oct 13- Fiat Chrysler Automobiles makes its Wall Street debut to great fanfare on Monday, shifting the carmaker's centre of gravity away from Italy and capping a decade of canny dealmaking and tough restructuring by CEO Sergio Marchionne. Analysts think the U.S. auto industry is nearing a peak, while...

  • Michigan to fight blight in 12 cities using $75M Monday, 13 Oct 2014 | 6:45 AM ET

    LANSING, Mich.— Michigan plans to fight blight in 12 cities using $75 million in federal funding, the latest in a series of efforts to deal with vacant and dilapidated buildings across the state. The plans, created by the Michigan State Housing Development Authority, will help fund work in Detroit, Ecorse, Hamtramck, Highland Park, Inkster and River Rouge in Wayne...

  • Fiat Chrysler crowns merger with Wall Street debut Sunday, 12 Oct 2014 | 6:29 AM ET

    *FCA trading on NYSE opens 1330 GMT Monday, followed by Milan. *Wall Street debut comes at difficult time for auto industry. MILAN, Oct 12- Fiat Chrysler Automobiles makes its Wall Street debut to great fanfare on Monday, shifting the carmaker's centre of gravity away from Italy and capping a decade of canny dealmaking and tough restructuring by CEO Sergio...

  • DETROIT, Oct 10- A truck driver in Michigan filed a charge of coercion against the United Auto Workers union for keeping her from exercising her right to quit the union and stop paying dues, according to the National Right to Work Foundation. Michigan became the 24th so-called "right-to-work" U.S. state after a contentious battle in the state's legislature in...

  • US investigates failures in Michelin truck tires Friday, 10 Oct 2014 | 12:50 PM ET

    DETROIT— U.S. safety regulators are investigating reports that some Michelin heavy truck tires can fail and cause crashes. The National Highway Traffic Safety Administration said it has six complaints and a police report about seven crashes involving the 2014 model of Michelin XZA tires. Michelin, part of the France- based manufacturer, said in a statement...

  • Mitsubishi recalls cars, SUVs for stalling problem Friday, 10 Oct 2014 | 8:52 AM ET

    DETROIT— Mitsubishi is recalling nearly 166,000 older small cars and SUVs in the U.S. because the engines can stall unexpectedly. The recall covers the Lancer and Lancer Evolution from the 2008 to 2011 model years, as well as the Lancer Sportback from 2009 to 2011. Also affected are the Outlander small SUV from 2008 to 2011 and the Outlander Sport from the 2011...

  • Nissan recalls 2013 Altimas for hood latch problem Friday, 10 Oct 2014 | 8:02 AM ET

    DETROIT— Nissan is recalling more than 238,000 Altima midsize cars worldwide because a secondary latch can fail and allow the hoods to fly open while the cars are in motion. Only Altimas from the 2013 model year are covered by the recall so far, but Nissan is investigating whether other models could be involved, according to documents posted Friday by U.S. safety...

  • Tesla adding all-wheel drive, safety features Friday, 10 Oct 2014 | 12:00 AM ET

    HAWTHORNE, Calif.— Luxury electric car maker Tesla Motors is making its Model S sedan faster and safer in an effort to compete better with other high-end sedans. At an open-to-the-public unveiling Thursday night that included bumping music, free alcohol and test rides on an airport tarmac, CEO Elon Musk unveiled an all-wheel-drive version of the car that...

  • DETROIT/ PARIS, Oct 9- Cadillac's new boss plans a blitz of new products by 2020, from a pure battery-electric car to an ultra-luxury sedan, that he hopes will help resurrect General Motors' struggling premium brand and make it a global powerhouse. Johan de Nysschen, a former Audi and Infiniti executive who joined GM in August, shared with Reuters some key elements...

  • Tesla adding all-wheel drive, safety features Thursday, 9 Oct 2014 | 3:46 PM ET

    LOS ANGELES— Electric carmaker Tesla Motors was expected to unveil an all-wheel-drive system— and perhaps more— at a much-hyped mystery event Thursday night near Los Angeles. The only hint came last week, when CEO Elon Musk tweeted, "About time to unveil the D and something else," with a photo showing what looked like Tesla's Model S sedan mostly hidden by a garage.

  • DETROIT, Oct 9- Mediation for the last, and potentially one of the biggest, settlements in Detroit's historic bankruptcy case has moved to New York City, a Detroit spokesman said on Thursday, amid a newspaper report that a potential deal with Financial Guaranty Insurance Co is still days away. Nearly a month ago, Detroit struck a deal with another bond insurer,...

  • Mazda tops automakers in gas mileage, Honda second Wednesday, 8 Oct 2014 | 5:31 PM ET

    Mazda led all automakers in average gas mileage during the 2013 model year, according to an annual report released Wednesday by the U.S. Environmental Protection Agency. Honda finished second, while the Detroit automakers, which sell more pickup trucks and SUVs, were at the bottom of the list. Source: U.S. Environmental Protection Agency.

  • EPA says new vehicle mileage hits record 24.1 mpg Wednesday, 8 Oct 2014 | 2:37 PM ET

    The EPA is predicting slower growth for this year, but officials still expect the industry to meet government standards that require the fleet to average 54.5 mpg by 2025.. The EPA, which bases its calculations on cars and trucks produced for sale in the U.S., is only predicting a 0.1 mpg increase from 2013 to 2014 as pickup truck and SUV production rises 2 percent.

  • Ford shares fall after analyst cuts estimates Wednesday, 8 Oct 2014 | 1:31 PM ET

    DETROIT— Shares of Ford Motor Co. fell Wednesday after a Morgan Stanley analyst cut his stock price target by $2 and reduced earnings estimates through 2016.. On Tuesday, he knocked $2 off General Motors Co.' s target price, and that helped send GM stock down almost 6 percent for the day. With Ford, Jonas cut his target price from $16 to $14 in a note to investors...

  • Company recalls floor mats fitting GM trucks Wednesday, 8 Oct 2014 | 9:04 AM ET

    DETROIT— A company that makes after-market floor mats for General Motors full-size pickup trucks and SUVs is recalling more than 45,000 of them because they can interfere with the gas pedals. Omix Ada of Suwannee, Georgia, says the recall covers Cabela's Custom Fit, Line-X Truck Gear, Rugged Ridge All-Terrain and Tread Lightly mats. The plastic mats fit...

  • DETROIT, Oct 7- Chrysler Group LLC said on Tuesday it is recalling about 22,100 small cargo vans because of inadvertent side air bag deployments, the company and U.S. safety regulators said. Chrysler said 18,245 model year 2013 to 2015 Ram C/V Tradesman vehicles are in the United States and 3,870 are in Canada. Shares in a new holding company, Fiat Chrysler...

  • DETROIT, Oct 6- Chrysler Group said on Monday that it is recalling an estimated 21,470 commercial full-size vans in the United States and Canada to replace their head restraints. Chrysler, a unit of Fiat, said the 2014- model Ram ProMaster vans were assembled with head restraints that may exceed the allowable gap between an occupant's head and the restraint.

  • DETROIT, Oct 6- Detroit may take years before fully functioning as a city, its mayor said on Monday as he gave a tepid blessing to the plan for ending the city's historic bankruptcy. Mayor Mike Duggan was the last witness called by Detroit's attorneys, who then rested the city's case in a U.S. Bankruptcy Court hearing on the plan to adjust $18 billion of debt.

  • WASHINGTON, Oct 6- The number of claims of injury and death linked to a faulty ignition switch in General Motors Co cars rose 30 percent last week to 1,130, according to a report on Monday from the lawyer overseeing a program set up to compensate accident victims. Since Aug. 1, claims related to 24 deaths and 16 injuries have been deemed eligible for compensation by...

  • DETROIT, Oct 6- Chrysler Group said on Monday that it is recalling an estimated 31,497 commercial full-size vans in the United States to replace their head restraints. Chrysler, a unit of Fiat, said the 2014- model Ram ProMaster vans were assembled with head restraints that may exceed the allowable gap between an occupant's head and the restraint.