Two popular cars were once again on the top of the National Insurance Crime Bureau's list of most stolen vehicles.» Read More
Ford Motor Co. fell$. 23 or 1.3 percent, to $17.17. General Motors Co. fell$. 36 or 1.0 percent, to $34.24. Honda Motor Co. fell$. 38 or 1.1 percent, to $34.35.
Aug 22- American Securities LLC- backed auto parts maker Metaldyne Performance Group Inc filed with U.S. regulators for an initial public offering of its common shares. Merrill Lynch, Pierce, Fenner& Smith, Goldman Sachs and Deutsche Bank Securities Inc are the lead underwriters for the offering, the company said.
Ford Motor Co. fell$. 21 or 1.2 percent, to $17.20. General Motors Co. fell$. 40 or 1.2 percent, to $34.20. Honda Motor Co. fell$. 34 or 1.0 percent, to $34.39.
SAO PAULO/ BRASILIA, Aug 22- Many of Brazil's biggest retailers, homebuilders and carmakers are cutting jobs as Latin America's largest economy teeters on the edge of recession, a fresh blow to President Dilma Rousseff's re-election bid.
Aug 22- General Motors Co said it opened a fourth IT center in the United States in Phoenix, Arizona as it aims to improve performance and cut operational costs. The automaker said it expects to hire 1,000 employees at the center over the next five years. GM's three other IT centers are in Warren, Michigan, in Austin, Texas and in Roswell, Georgia.
Aug 21- U.S. federal prosecutors have learned that lawyers for General Motors Co were present at key meetings during which information about problems with some of its vehicles were discussed, a source close to the investigation said.
DETROIT, Aug 21- Chrysler Group is planning an extensive facelift of its full-size Ram 1500 pickup in spring 2017, but has no firm plans to follow rivals General Motors and Ford Motor Co in replacing steel body panels with aluminum until a complete redesign after 2020, industry sources told Reuters.
Ford Motor Co. fell$. 01 or. 1 percent, to $17.40. General Motors Co. rose$. 07 or. 2 percent, to $34.60. Honda Motor Co. rose$. 64 or 1.9 percent, to $34.73.
Ford Motor Co. rose$. 05 or. 3 percent, to $17.46. General Motors Co. rose$. 08 or. 2 percent, to $34.61. Honda Motor Co. rose$. 67 or 2.0 percent, to $34.76.
DETROIT, Aug 21- General Motors Co's premium Cadillac group is considering expanding its offices from Detroit to Manhattan, GM said Thursday, as part of an effort to remake the brand's image and broaden its appeal outside North America under new boss Johan de Nysschen.
The action- which is not a safety recall aligned with U.S. safety regulators- is aimed at allowing all 2015 Fit cars to have the same, more robust front bumpers as cars made after June 9, when Honda changed the way they were produced, Chuck Thomas, chief engineer for vehicle safety at American Honda, said.
Ford Motor Co. rose$. 05 or. 3 percent, to $17.41. General Motors Co. fell$. 04 or. 1 percent, to $34.53. Honda Motor Co. rose$. 01 or percent, to $34.09.
DETROIT, Aug 20- Ford Motor Co plans to introduce a new hybrid gasoline-electric car in late 2018 to compete against the best-selling Toyota Prius, two sources with knowledge of the company's plans told Reuters on Wednesday. The sources said Ford eventually could offer several different body styles of the new hybrid, as Toyota does with the Prius.
Ford Motor Co. rose$. 01 or. 1 percent, to $17.37. General Motors Co. rose$. 07 or. 2 percent, to $34.64. Honda Motor Co. rose$. 04 or. 1 percent, to $34.12.
Hertz, Avis Budget Group Inc and market leader Enterprise Rent-A-Car control about 90 percent of the U.S. car rental market. And more so Hertz, than Avis, since cars are made by General Motors Co account for a bigger portion of its fleet.
Ford Motor Co. fell$. 03 or. 2 percent, to $17.33. General Motors Co. fell$. 11 or. 3 percent, to $34.46. Honda Motor Co. fell$. 06 or. 2 percent, to $34.02.
Hertz expects 2014 results to be "well below" its previous guidance due to business challenges and costs related to a review of the past three years' results, it said in a regulatory filing on Tuesday.
NEW YORK— The stock market rose for a third straight day Wednesday despite a report from the Federal Reserve that showed a growing chorus of central bank officials willing to raise interest rates sooner rather than later. In the bond market, prices fell and yields rose as investors prepared themselves for higher interest rates.
HONG KONG, Aug 20- Geely Automobile Holdings Ltd on Wednesday posted a 20 percent fall in first half net profit, hit by slowing sales at home as local brands fall out of favor and a drop in exports to major markets in eastern Europe and the Middle East.
DETROIT— The U.S. government is offering a free online service for drivers to find out if their vehicles have been recalled but not repaired. The National Highway Traffic Safety Administration said the service started Wednesday on its website, www.safercar.gov. Drivers can key in their vehicle identification number to get the results.