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  • No time to charge? Tesla now offers battery swap Friday, 19 Dec 2014 | 1:00 PM ET
    Tesla Model S

    Tesla has opened its first battery-swap station, as it takes the next step in eliminating range anxiety and inconvenience for owners.

  • WASHINGTON, Dec 19- The United States closed out its last big investment taken on during a 2008 bailout of U.S. banks and automakers, selling its remaining shares in the former financing arm of General Motors, the U.S. Treasury made deals to sell about 55 million shares in Ally Financial for $1.3 billion, which a Treasury official said was organized to take...

  • Dec 19- CarMax Inc, the largest U.S. used-car seller, reported a 16 percent rise in quarterly revenue as easier availability of credit helped it sell more pre-owned vehicles at higher prices. CarMax said its used vehicle sales rose 17 percent in the third quarter ended Nov. 30, accounting for more than three-quarters of the company's total revenue.

  • TOKYO, Dec 19- Japan's Nissan Motor Co and French partner Renault SA have stopped taking orders for some cars in Russia and could raise prices on others if the rouble's plunge continues, alliance Chief Executive Carlos Ghosn said on Friday. Russia is Nissan's fifth-largest market and the Japanese firm's alliance with Renault SA, of which Ghosn is chairman and...

  • TOKYO, Dec 19- Japan's Nissan Motor Co and French partner Renault SA have stopped taking orders for some cars in Russia and could raise prices on others if the rouble's plunge continues, alliance Chief Executive Carlos Ghosn said on Friday. Russia is Nissan's fifth-largest market and the Japanese firm's alliance with Renault SA, of which Ghosn is chairman and...

  • TOKYO, Dec 19- Japanese automaker Nissan Motor Co is faring better than peers in Russia as domestic production via an alliance with the country's biggest auto firm shields it against the rouble's plunge, Chief Executive Carlos Ghosn said on Friday. Russia is Nissan's fifth-largest market and the Japanese firm's alliance with Renault SA, of which Ghosn is...

  • SAN FRANCISCO/ DETROIT, Dec 18- Google Inc is laying the groundwork for a version of Android that would be built directly into cars, sources said, allowing drivers to enjoy all the benefits of the Internet without even plugging in their smartphones. "It provides a much stronger foothold for Google to really be part of the vehicle rather than being an add-on," said...

  • Tesla top 2015 Wall Street pick  Thursday, 18 Dec 2014 | 4:00 PM ET
    Tesla's new Model D car outside the company'e unveiling event

    Tesla shares are due for a 30 percent comeback in the next 12 months.

  • Put blind spots behind you with this high-tech car Thursday, 18 Dec 2014 | 3:00 PM ET
    This high-tech rearview mirror will be featured in Cadillac’s 2016 CT6.

    Cadillac will incorporate streaming video into the CT6's rearview mirror.

  • DETROIT, Dec 18- U.S. auto sales will end the year strongly, as December sales will be 10.4 percent higher than a year ago, JD Power& Associates and LMC Automotive said on Thursday. U.S. auto sales will hit 17 million in 2015 for the first time since 2001, the two consultancies also said. For December, U.S. auto sales will reach 1,498,200 vehicles, JD Power and LMC...

  • MEXICO CITY, Dec 18- Mazda Motor Corp's Mexican arm is recalling around 2,800 cars to check for possible defects in Takata air bags, the company said, the second such recall by an automaker in Mexico in as many weeks. Mazda will be contacting owners of the Mazda6 sold between 2006 and 2008 in Mexico for a voluntary review, the company said in a statement emailed late on...

  • DETROIT, Dec 18- Ford Motor Co on Thursday expanded the recall of older-model Mustang cars that have driver-side Takata air bags with inflators, to include about 502,500 vehicles. Ford was one of five automakers asked by U.S. regulator National Highway Traffic Safety Administration last month to expand a recall of vehicles with possibly defective...

  • COLUMN-Clausewitz and oil prices: Kemp Thursday, 18 Dec 2014 | 10:38 AM ET

    LONDON, Dec 18- "If we consider the actual basis of this, how unreliable and transient it is, we soon realise that war is a flimsy structure that can easily collapse and bury us in its ruins." German military theorist Carl von Clausewitz was writing about the role of intelligence in warfare, but his insight about unreliable information is equally applicable to...

  • Rise of the car-sharing apps poses threat to auto sector Thursday, 18 Dec 2014 | 10:15 AM ET

    The rise of the likes of car hire app Zipcar and car-pooling rival BlaBlaCar are expected to present new challenges to mass-market carmakers such as Ford, GM, Volvo, Renault and Volkswagen while presenting fresh opportunities for existing rental networks. Online taxi business Uber is another seeking a slice of the market with its UberPop operation, which...

  • Daimler puts aside $748 million for antitrust case Thursday, 18 Dec 2014 | 9:30 AM ET

    BERLIN— Daimler AG says it's booking a 600 million-euro charge related to European Union antitrust proceedings against commercial vehicle makers. Daimler said Thursday it's increasing a provision first made in 2011 to deal with the investigation by the EU's executive Commission after reviewing documents on which Brussels based its accusations, which it...

  • GM to Russia car dealers: Nyet! Thursday, 18 Dec 2014 | 9:24 AM ET
    Assembly line workers assemble Chevrolet Volt electric vehicles and Opel Amperas at the General Motors Detroit Hamtramck Assembly Plant in Hamtramck, Mich.

    GM has suspended the delivery of cars to dealerships in Russia in response to a slide in the ruble, the company said on Thursday.

  • Ford expands drivers air bag recall nationwide Thursday, 18 Dec 2014 | 8:47 AM ET

    DETROIT— Ford Motor Co. has agreed to government demands to expand a driver's side air bag inflator recall to the entire U.S. Ford's action puts pressure on BMW and Chrysler, the only two automakers that haven't agreed to national recalls. Honda and Mazda already took their recalls national.

  • Ford shuts doors of Belgium's Genk plant Thursday, 18 Dec 2014 | 8:00 AM ET

    *Production to move to Valencia, Spain. GENK, Belgium, Dec 18- Ford Motor Company produced the last car at its plant in Genk, Belgium, on Thursday, closing the site which produced some 14 million vehicles over the past 50 years. The company decided in late 2012 to shut the factory which employed some 4,000 people and to relocate production of new models to Valencia, Spain.

  • Winnebago misses Street 1Q forecasts Thursday, 18 Dec 2014 | 7:12 AM ET

    FOREST CITY, Iowa _ Winnebago Industries Inc. on Thursday reported net income of $9.9 million in its fiscal first quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share. Analysts expected $234.5 million, according to Zacks.

  • Big 3 dominance slipping as competition heats up Thursday, 18 Dec 2014 | 7:10 AM ET
    2015 Nissan Murano.

    The sales lead of the Big Three automakers—especially GM and Ford—is a far cry from what it was in 2000 as competition heats up.