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  • DETROIT, April 17- Volvo Cars is weighing a site in South Carolina against another southern state as it prepares to invest $500 million in its first U.S. plant, people with knowledge of the matter said on Friday. "Soter is the spirit of safety in Greek mythology and Volvo's cars have a long-standing reputation for safety. The Georgia Department of Economic...

  • Nissan expands air bag recall after Louisiana injury Thursday, 16 Apr 2015 | 4:43 PM ET

    DETROIT— Nissan is adding 45,000 small cars to a previous recall after a Louisiana woman was injured by flying shrapnel from an exploding air bag. Nissan spokesman Steve Yaeger said the cars were added when Nissan found out about Wilson's injury while analyzing field data. In November, Nissan recalled more than 52,000 vehicles to fix potentially faulty...

  • LANSING, Mich.— A divided state Senate approved revisions Thursday to Michigan's auto insurance law that backers said would curtail costs in the only state to require unlimited medical benefits for those severely injured in crashes and that opponents warned wouldn't guarantee rate relief. "The best approach to bringing down insurance rates in Michigan is to...

  • DETROIT— Volkswagen is recalling nearly 21,000 minivans for a second time to fix faulty ignition switches that can cause the vans to stall. The recall covers roughly 18,500 Routan minivans from the 2009 model year and another 2,200 from 2010. All were made for VW by Fiat Chrysler. The switches can unexpectedly slip out of the run position, shutting off the...

  • AMSTERDAM, April 16- Chief Executive Sergio Marchionne wants Fiat Chrysler Automobiles to play a key role in a consolidation of the global auto industry which he sees as inevitable to manage prohibitive capital costs. Speaking on Thursday to shareholders in Amsterdam, away from Fiat's historic roots in Turin and Chrysler's in Detroit, Marchionne said: "We...

  • DETROIT— A federal judge ruled Wednesday that a 2009 bankruptcy order shields General Motors from billions of dollars in death and injury claims tied to defective ignition switches in older small cars. But Judge Robert Gerber in New York, who handled GM's government-funded bankruptcy case six years ago, also ruled that plaintiffs who claim a loss in the value...

  • Fight for $15 protests expand for low-wage workers Wednesday, 15 Apr 2015 | 3:02 AM ET

    NEW YORK— The Fight for $15 campaign that began with fast-food workers expanded in size and scope Wednesday to include a range of workers who say their meager pay is a form of economic injustice. In New York City, more than 100 chanting protesters holding signs with messages like "We See Greed" gathered outside a McDonald's around noon, prompting the store to lock...

  • GM drops price of the electric Chevrolet Spark Tuesday, 14 Apr 2015 | 2:15 PM ET

    DETROIT— General Motors is the latest automaker to drop the price of an electric car in the face of slow sales. Nissan, Ford and Mitsubishi have all lowered electric car prices over the last two years. The cheapest EV on the market is currently the Mitsubishi i-MiEV, which starts at $22,995.

  • April 14- Ford Motor Co on Friday will announce an investment of about $2.5 billion in Mexico, industry sources said, the latest multibillion-dollar outlay in the country's booming auto sector. The U.S. automaker will announce the investment in Mexico City on Friday to celebrate the 90th anniversary of its presence in Mexico. Ford announced its last major...

  • DETROIT— Nearly two years after agreeing to recall 1.56 million older Jeeps that could catch fire in rear-end crashes, the maker of the vehicles has repaired only a fraction of the Jeeps covered by the recall, according to documents filed with federal safety regulators. The National Highway Traffic Safety Administration has been sparring with Chrysler for...

  • NEW YORK, April 14- By one estimate U.S. online political advertising could quadruple to nearly $1 billion in the 2016 election, creating huge opportunities for digital strategy firms eager to capitalize on a shift from traditional mediums like television. These firms- mostly small, partisan and based in Washington and surrounding suburbs- have grown in...

  • US probes complaints about Subaru air bag seat sensors Tuesday, 14 Apr 2015 | 9:56 AM ET

    DETROIT— U.S. safety regulators are investigating problems with the air bag sensors in the seats of Subaru Impreza compact cars. The National Highway Traffic Safety Administration says it got 26 complaints that the sensors turned off the front passenger air bag even though an adult was sitting in the seat. Subaru says any owners who have air bag problems should...

  • The worker banged on the plane for help shortly after takeoff on Monday from Seattle. Alaska Airlines has said the leader of a baggage-loading crew noticed the worker was missing and tried to call and text him before concluding he had gone home when his 9 1/ 2- hour shift ended. Safety experts say the crew should not have closed the cargo doors of Flight 448 to Los...

  • NEW YORK, April 14- By one estimate U.S. online political advertising could quadruple to nearly $1 billion in the 2016 election, creating huge opportunities for digital strategy firms eager to capitalize on a shift from traditional mediums like television. These firms- mostly small, partisan and based in Washington and surrounding suburbs- have grown in...

  • GM ignition switch death toll rises to 84 Monday, 13 Apr 2015 | 3:28 PM ET

    DETROIT— Families of at least 84 people killed in crashes caused by defective General Motors ignition switches will get compensation from the company. Attorney Kenneth Feinberg, who was hired by GM to compensate victims, updated the total Monday. The fund received a total of 4,342 claims by the January 31 deadline.

  • LONDON/ MILAN, April 13- Fiat Chrysler boss Sergio Marchionne is hoping for a big deal, possibly in the United States, to plug the carmaker's weaknesses and cement his legacy before stepping down in early 2019, sources familiar with the situation said. Marchionne and Fiat's founding Agnelli family are showing particular interest in General Motors, several...

  • LOS ANGELES, April 10- Former Enron trader and hedge fund billionaire John Arnold may be about to launch a national publicity campaign to convince U.S. voters of the need to reform public pensions, according to a document seen by Reuters. Growing costs were significant factors in the recent bankruptcies of Detroit and the California cities of Stockton and San...

  • April 8- Ballooning pension payments, difficult negotiations with labor unions and threatened state funding cuts are some of the challenges facing Rahm Emanuel, who won a second term as Chicago's mayor on Tuesday. As a result, rating agency Moody's Investors Service has dropped Chicago's general obligation credit rating six notches since 2010 to Baa2, two...

  • CHICAGO/ NEW YORK, April 8- Rahm Emanuel may have been elected to a second term as Chicago's mayor on Tuesday but now he faces a stark choice: inflict pain on the city's population in the form of unpopular measures such as higher taxes or kick its problems further down the road and risk a fiscal crisis that could even lead to bankruptcy later. "The day there's no more...

  • DETROIT, April 8- Tesla Motors Inc began taking orders on Wednesday for a new base version of its Model S electric sedan that is $5,000 more expensive than its predecessor, but offers better performance, longer range and more features, including all-wheel drive. The Model S 70 D gets "a slight price increase, but it's a huge value increase," Tesla's chief executive,...