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- Sirius XM adds 171,000 subscribers as auto sales improve
Sirius XM added more than 171,000 net subscribers to its pay-radio service in the first quarter, benefiting from better car sales and users signing up after free trials, and its stock rose 12.4 percent.
Переслать - ArvinMeritor on track to exit car parts business by December
ArvinMeritor Inc. said today it is on track to sell the last remaining piece of its car parts business by the end of 2010, allowing the company to produce parts for commercial vehicles only.Переслать - Average rate on car loans dips to 8-year low, Edmunds says
The average finance rate on a retail car loan sank to 4.4 percent in March, the lowest since 2002, Edmunds.com reported today. The rate was 5.8 percent at the same point last year.Переслать - Toyotaand#8217;s cash-cow Lexus brand may be tarnished on and#8216;safety riskand#8217;
Toyota Motor Corp., struggling to recover from record recalls, may not be able to count on its luxury Lexus brand to bolster earnings after Consumer Reports called the GX 460 sport-utility model a and#8220;safety risk.Переслать - Ford will use diesel technology on next-gen EcoBoost
Ford Motor Co. said today it will borrow more diesel engine technology to develop the second generation of the EcoBoost engine. The result will be improved power and better fuel economy compared with the first-generation engines.Переслать - Russia, China and North America crucial to Fiat's new 5-year plan
Russia, China and North America will play crucial roles in Fiat CEO Sergio Marchionne's vision for the Italian automaker. Marchionne will announce the company's five-year strategic plan next week.Переслать - Daimler targets sales at double industry growth rate
Daimler aims to increase deliveries twice as fast as this year's worldwide auto-market growth rate as the latest models of the Mercedes E-class and S-class sedans attract buyers.Переслать - Daimler to reduce Iran ties over nuclear policy
Daimler became the latest German firm to reduce business ties with Iran in protest at its nuclear policy, a day after the U.S. called for swift sanctions to pressure Tehran.Переслать - Toyota halts Lexus GX 460 SUV sales after safety warning
Toyota Motor Corp. suspended sales of the 2010 Lexus GX 460 on Tuesday after influential magazine Consumer Reports urged car shoppers not to buy the SUV, calling it a "safety risk" that could roll over.Переслать - Toyota's Lexus GX SUV called and#8216;safety risk'
Toyota Motor Corp.'s new Lexus GX SUV was labeled a and#8220;safety riskand#8221; by a magazine, complicating efforts by the world's largest automaker to repair its image after record recalls.Переслать
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