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  • Early Glance: Autos companies Thursday, 22 Jan 2015 | 12:09 PM ET

    General Motors Co. fell$. 42 or 1.2 percent, to $33.47. Honda Motor Co. fell$. 03 or. 1 percent, to $31.06. Toyota Motor Corp. fell$. 20 or. 2 percent, to $128.46.

  • 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...

  • DETROIT, Jan 22- General Motors Co has invested $300 million to upgrade and heavily automate its Detroit- Hamtramck plant ahead of this year's launch of the 2016 Cadillac CT6 luxury sedan, a company executive said Thursday. The investment includes the construction of a new body shop equipped with 205 robots and designed to use such advanced manufacturing...

  • WASHINGTON— President Barack Obama has chosen Brian Deese, a veteran White House aide and a deputy director in his budget office, to replace John Podesta as a senior adviser and presidential whisperer, White House officials said Wednesday. The choice signals a generational change at the White House and a shift from a well-known Washington operative to a...

  • Final Glance: Autos companies Wednesday, 21 Jan 2015 | 6:01 PM ET

    Ford Motor Co. fell$. 04 or. 3 percent, to $14.97. General Motors Co. fell$. 04 or. 1 percent, to $33.89. Honda Motor Co. rose$. 31 or 1.0 percent, to $31.09.

  • 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...

  • JPMorgan must live with $1.5B paperwork error Wednesday, 21 Jan 2015 | 1:43 PM ET
    A Chase Bank branch is shown in this Jan. 14, 2015 photo in New York.

    JPMorgan Chase must live with a clerical mix-up that could cost $1.5 billion, a court ruled on Wednesday.

  • Midday Glance: Autos companies Wednesday, 21 Jan 2015 | 1:22 PM ET

    Ford Motor Co. fell$. 02 or. 1 percent, to $14.99. General Motors Co. fell$. 05 or. 1 percent, to $33.88. Honda Motor Co. rose$. 18 or. 6 percent, to $30.96.

  • 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.

  • Snyder promotes trades training after State of the State Wednesday, 21 Jan 2015 | 12:19 PM ET

    Rick Snyder on Wednesday promoted apprenticeships in the skilled trades, saying Michigan must re-establish career technical education as a viable alternative to a four-year college degree in its bid to fill in-demand jobs. The Republican governor spent the morning after his fifth State of the State speech at a Lansing- area molding and machining...

  • Early Glance: Autos companies Wednesday, 21 Jan 2015 | 10:45 AM ET

    Ford Motor Co. rose$. 03 or. 2 percent, to $15.04. General Motors Co. fell$. 18 or. 5 percent, to $33.75. Honda Motor Co. rose$. 13 or. 4 percent, to $30.91.

  • 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...

  • Volvo names new U.S. sales chief as sales decline Wednesday, 21 Jan 2015 | 9:22 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...

  • This automaker beat GM and VW in global sales Wednesday, 21 Jan 2015 | 7:53 AM ET
    2012-2014 Toyota Camry Hybrid

    Toyota stayed at the top in global vehicle sales in 2014, taking that crown for the third year straight, but was less upbeat about this year.

  • *Sales seen slumping in Japan, Indonesia. TOKYO, Jan 21- Toyota Motor Corp projected a drop in vehicle sales for the year ahead, its first such bearish forecast in at least 15 years, as flagging demand in Japan, Indonesia and other key markets raises the chance that Volkswagen will steal the industry crown. Toyota said on Wednesday it expects 2015 global vehicle sales,...

  • *Sales seen slumping in Japan, Indonesia. TOKYO, Jan 21- Toyota Motor Corp projected a drop in annual vehicle sales for the first time in at least 15 years as demand slumps in Japan, Indonesia and other key markets, raising the chance of Volkswagen stealing the industry crown this year. Toyota said on Wednesday it expects 2015 global vehicle sales, including those of...

  • UPDATE 1-Toyota, in unusual move, flags sales fall in 2015 Wednesday, 21 Jan 2015 | 12:53 AM ET

    *Sales seen slumping in Japan, Indonesia. TOKYO, Jan 21- Toyota Motor Corp took the unusual step of projecting a drop in annual vehicle sales on Wednesday in a move that could see Volkswagen steal the industry crown this year as demand slumps in Japan, Indonesia and other key markets. Toyota said on Wednesday it expects 2015 global vehicle sales, including those of...

  • Toyota remains top in global vehicle sales, beats VW, GM Wednesday, 21 Jan 2015 | 12:12 AM ET

    TOKYO— Toyota Motor Corp. stayed at the top in global vehicle sales in 2014, taking that auto industry crown for the third year straight, but was less upbeat about this year. The Japanese automaker sold 10.23 million vehicles, beating out Volkswagen and General Motors. Detroit- based General Motors Co. was third at 9.92 million vehicles, a company record and 2...

  • TOKYO— Toyota stayed top in global sales at 10.23 million vehicles in 2014, taking that auto industry crown for the third year straight. But in the numbers released Wednesday, Toyota Motor Corp. was less upbeat about the future. Volkswagen AG of Germany has said it sold 10.14 million vehicles in 2014. Detroit- based General Motors Co. was third at 9.92 million...

  • Final Glance: Autos companies Tuesday, 20 Jan 2015 | 6:35 PM ET

    Ford Motor Co. fell$. 01 or. 1 percent, to $15.01. General Motors Co. rose$. 25 or. 7 percent, to $33.93. Honda Motor Co. fell$. 06 or. 2 percent, to $30.78.