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  • GM's Barra: No long term impact of low gas prices Friday, 23 Jan 2015 | 6:55 AM ET
    General Motors Chief Executive Officer Mary Barra

    General Motors isn't changing anything in the long term because of lower gas prices, CEO Mary Barra tells CNBC in Davos.

  • Five years from now, you'll want to own these cars Friday, 23 Jan 2015 | 5:29 AM ET
    Members of the media look over the 2016 Lexus GS F at the North American International Auto Show in Detroit, January 13, 2015.

    Subaru and Lexus saw sales grow faster than the industry average, the two are also selling models expected to retain more of their value than rivals.

  • GM's Barra: We're seizing opportunities  Friday, 23 Jan 2015 | 5:00 AM ET

    Mary Barra, CEO of General Motors, says the oil price drop doesn't affect the company in the long-term, and that it's going to "respond to what the consumers want".

  • *FTSEurofirst 300 rises 1.4 pct, hits 7- year high. PARIS, Jan 23- European shares rose in early trade on Friday, enjoying their best two-week rally in five years, as investors cheered the European Central Bank's decision to buy government bonds. Cyclical stocks such as carmakers, seen as the big winners of the drop in the euro currency, featured among the biggest...

  • European shares extend rally on ECB boost Friday, 23 Jan 2015 | 3:11 AM ET

    PARIS, Jan 23- European shares rose in early trade on Friday, gaining ground for the seventh consecutive session, as investors cheered the European Central Bank's decision to buy government bonds. Cyclical stocks such as carmakers featured among the biggest gainers again, with BMW up 2.3 percent and PSA Peugeot Citroen up 2.2 percent. Ghosn told participants at...

  • WASHINGTON, Jan 22- The U.S. auto safety regulator plans to change its vehicle safety ratings program to include automatic emergency braking systems, putting pressure on automakers to add those features to new cars and trucks, Transportation Secretary Anthony Foxx said on Thursday. The National Highway Traffic Safety Administration will add the braking...

  • Euro plunges, but European brands are not on sale in US Thursday, 22 Jan 2015 | 3:25 PM ET

    NEW YORK— Americans hoping to save on European goods thanks to a falling euro shouldn't rush to uncork that bottle of French Bordeaux. Still, German sports cars, Belgian beers and the latest fashions out of Italy aren't going on sale anytime soon. "The U.S. economy is the one that's doing well in the world right now," notes IHS senior principal economist George...

  • WASHINGTON, Jan 22- An executive with the Japanese auto parts maker Takata Corp was indicted on Thursday for conspiring to fix the prices of seat belts sold to carmakers, the U.S. Justice Department said. Hiromu Usuda, a sales executive for Takata from 2005 to 2011, is accused of meeting with executives of other companies that make seat belts to reach agreements on...

  • DETROIT— The U.S. government's auto safety agency wants to add two automatic emergency braking devices to its list of recommended safety features for new-car buyers. But it's unclear when or if the National Highway Traffic Safety Administration will require automakers to put the devices on all new vehicles. The recommendations help to encourage the auto...

  • Ford makes a bigger bet on Silicon Valley Thursday, 22 Jan 2015 | 1:00 PM ET
    President and CEO of Ford Mark Fields delivers a keynote address at the 2015 International CES earlier this month in Las Vegas.

    Ford opens a research and innovation center in Palo Alto to develop new technologies for future vehicles.

  • DETROIT, Jan 22- German automakers BMW and Volkswagen are joining with ChargePoint to build a U.S. network of fast-charging stations for electric cars and plug-in hybrid vehicles, the companies said Thursday. East and West Coasts by the end of 2015 as part of an effort to promote greater sales of EVs such as the BMW i3 and the VW e-Golf. Tom Gage, chairman of EV Grid and...

  • DETROIT— In an effort to better compete with BMW and Mercedes, Cadillac wants about 700 smaller U.S. dealers to create "boutique" stores that focus on the General Motors luxury brand. The move, to be outlined Thursday at the Washington Auto Show by Cadillac President Johan de Nysschen, is designed to improve a customer's buying experience so it matches or exceeds...

  • NEW DELHI, Jan 22- Tata Motors Ltd, India's top automaker by revenue, is looking to shake off its image as a taxi supplier by targeting younger customers with its new Bolt hatchback model. "For a long time Tata Motors has been selling to fleet customers, and selling to them is very different from selling to individuals and families," said Mayank Pareek, president of Tata...

  • Hyundai blamed unfavorable foreign exchange rates for the lower earnings. Even though the South Korean won fell against the U.S. dollar in favor of Hyundai, it rose against the Russian ruble and the currencies of other emerging market nations. For this year, Hyundai forecast sales will grow just 1.8 percent to 5.05 million vehicles, the weakest growth in recent...

  • SEOUL, Jan 22- South Korea's Hyundai Motor Co on Thursday reported a fourth straight quarterly profit decline, pulled down by a plunge in the Russian rouble and increased buying incentives in the United States. Hyundai, the world's fifth-biggest automaker when coupled with affiliate Kia Motors Corp, splashed out on land for new headquarters as economic...

  • SEOUL, Jan 22- South Korea's Hyundai Motor Co on Thursday said net profit reached 1.66 trillion won in October-December, missing analyst estimates, in part because a decline in the rouble pulled down income earned in Russia. Revenue totalled 23.57 trillion won from 21.94 trillion won a year prior, said the automaker- the world's fifth-biggest when paired with...

  • Low gas prices, incentives change math for electric cars Wednesday, 21 Jan 2015 | 4:57 PM ET

    U.S. gas prices have fallen more than $1 per gallon over the last 12 months, to a national average of $2.06, according to AAA. Incentives averaged $4,159 per electric car last year, up 68 percent from 2013, according to Kelley Blue Book. The discounting, combined with new vehicles such as the BMW i3, the electric Kia Soul and the Mercedes B Class, boosted sales of...

  • Hot car gazing  Wednesday, 21 Jan 2015 | 2:57 PM ET

    Mecum Auctions founder Dana Mecum, provides insight to the strength of the classic car market.

  • Jan 21- JPMorgan Chase& Co got a painful reminder on Wednesday that we all have to live with our mistakes, even a clerical mix-up that could cost $1.5 billion. A federal appeals court in Manhattan ruled on Wednesday that, although it was not JPMorgan's intention, it clearly authorized its law firm to file papers in 2008 that unsecured much of a loan to General Motors.

  • UPDATE 1- Volvo names new U.S. chief as sales decline Wednesday, 21 Jan 2015 | 10:18 AM ET

    He will report to Volvo CEO Hakan Samuelsson. "Volvo is not only in the U.S. to stay, it is in the U.S. to prosper." Volvo faces an uphill battle in the U.S. market, the world's second largest behind China, given the product onslaught from the German luxury automakers BMW and Daimler's Mercedes, the renaissance at Toyota Motor Corp's Lexus brand and the turnaround efforts...