US Manufacturing Growth Slips to Seven-Month Low
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Jan 3- Ford Motor Co of Canada was the top-selling automaker in Canada for the third year in a row in 2012 but Chrysler, boosted by demand for its fuel-efficient passenger cars, knocked General Motors from the No. 2 perch.
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*Toyota, Honda seen making market-share gains. Toyota Motor Corp reported a 9 percent U.S. sales increase for December, which met analysts' expectations. Both Toyota and Honda Motor Co, which reports monthly and annual sales later on Thursday, and are expected to end the year with much better sales gains than their U.S. competitors.
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DETROIT, Jan 3- Chrysler Group's December U.S. auto sales rose 10 percent, easily beating analysts' expectations, as the first of the major automakers to report sales on Thursday. Chrysler showed its 33rd consecutive month of year-on-year sales gains, and its annual sales rose 21 percent. Chrysler is managed by its majority owner, Italian automaker Fiat SpA.
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SINGAPORE, Jan 2- London copper rose more than 2 percent on Wednesday, headed for its biggest daily rise since mid-November, as the U.S. Congress struck a deal to avert a fiscal disaster and upbeat China data indicating steady improvement in the world's top copper consumer also boosted prices.
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SEOUL, Jan 2- South Korea's biggest automakers Hyundai Motor Co and affiliate Kia Motors Corp are targeting a 4 percent increase in global sales this year to a combined 7.41 million vehicles, their slowest growth since 2003..
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Dec 31- Whether or not the U.S. Congress acts to avoid the "fiscal cliff," the much-used phrase tops the list of words language aficionados want banned from everyday speech, according to a Michigan university's yearly roundup released on Monday.
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WASHINGTON, Dec 30- Farm-state lawmakers have agreed to a one-year extension of the expiring U.S. farm law that, if enacted, would head off a possible doubling of retail milk prices to $7 or more a gallon in early 2013..
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DETROIT, Dec 29- Ford Motor Co is on track to sell 2.2 million cars under its main brand this year, up 7 percent from 2011, the automaker said on Saturday, but the company has acknowledged losing market share as it struggled to keep up with consumer demand.
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If you were just trying to hold on until we get past the "fiscal cliff," sorry to burst your bubble: There are more cliffs to come in Washington after this one is resolved!
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*Program will be rolled out at US dealers next spring. DETROIT, Dec 28- Nissan Motor Co Ltd said it will offer to replace some poorly performing batteries on its Leaf electric car and improve warranty coverage for the battery systems for its almost 20,000 U.S. owners.
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DETROIT, Dec 28- U.S. auto sales are expected to show a rise of 9 percent for December, capping off the best year for the industry since 2007, fueled by easier access to credit, rising home prices and pent-up demand.
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WASHINGTON, Dec 28- President Barack Obama and congressional leaders were set to meet on Friday for the first time since November with no sign of progress in resolving their differences over the federal budget and low expectations for a "fiscal cliff" deal before Jan. 1.
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DETROIT/ NEW YORK, Dec 27- Toyota Motor Corp eliminated a huge obstacle with a U.S. settlement over unintended acceleration in its cars and trucks, leaving it to fight smaller cases that will be harder for plaintiffs to prove and less likely to damage the company's growing sales.
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WASHINGTON, Dec 27- The outcome of the "fiscal cliff" debate will be decided in four days, with just a handful of powerful leaders in Washington calling the shots, for better or for worse. *Barack Obama, Democratic president: Reelected last month, the former Democratic U.S. senator from Illinois campaigned on the need to raise taxes on high-income Americans.
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Aubrey McClendon, 53, endured a trying year running the second-largest natural gas producer in the United States, Chesapeake Energy Corp. But as corporate, state and federal probes into McClendon and the company continue, 2013 isn't looking much easier.
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The storm dumped a foot of snow on parts of the United States with the heaviest snow falling across northern New York and into northern New England, the National Weather Service reported.
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WASHINGTON, Dec 27- A powerful winter storm that has dumped a foot of snow on parts of the United States forced the cancellation of 457 flights on Thursday and threatened more havoc as it hit the New England states with fierce winds. The heaviest snow was falling on Pennsylvania, New York and New England, and winter storm warnings continued over a majority of the U.S.
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Dec 27- Ford Motor Co plans to invest more than $773 million on new equipment and capacity expansions across six U.S. manufacturing plants in southeast Michigan. The plan is part of its commitment to invest $6.2 billion in U.S. plants by 2015 as part of the agreement reached in October 2011 with the United Auto Workers union, the automaker said on Thursday.
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*Toyota shares rise 2.7 pct in Tokyo. DETROIT, Dec 26- Toyota Motor Corp has agreed to spend $1.1 billion to settle sweeping U.S. class-action litigation over claims that millions of its vehicles accelerate unintentionally, as the Japanese automaker seeks to move past the biggest safety crisis in its history.
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DETROIT, Dec 26- Toyota Motor Corp has proposed spending $1.1 billion to install safety systems and provide cash payments to customers to resolve sweeping U.S. class-action litigation over claims that millions of the Japanese automaker's vehicles accelerate unintentionally.