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- Supplier Cooper-Standard exits 10-month bankruptcy
Cooper-Standard Holdings Inc emerged from a 10-month bankruptcy during which the maker of automotive systems shed $650 million of debt.
Переслать - Nissan's bullish Ghosn wary of expanding electric car capacity
Even with more than 13,000 paid reservations in hand for his electric Leaf, Nissan Motor Co. CEO Carlos Ghosn wants to see hard sales numbers before opening up more production capacity for the vehicle.Переслать - Toyota loses bid to end patent dispute over hybrid technology
Toyota Motor Corp. lost its bid to dismiss a Florida company's patent-infringement claim that may result in a ban on imports of the carmaker's newest hybrid models including the Prius and Camry. Theodore Essex, a judge with the U.S.Переслать - Ford said to be preparing to wind down Mercury
Ford Motor Co. is preparing to wind down the Mercury line, created in 1939 by Edsel Ford, after sales plunged 74 percent since 2000, two people familiar with the plan told Bloomberg.Переслать - Gettelfinger: Too early to tell if UAW can win back concessions in 2011
UAW President Ron Gettelfinger said today that even though Ford Motor Co. restored a tuition benefit for hourly workers, it's too early in the industry recovery to say what the union can claw back in 2011 contract talks with the Detroit 3.Переслать - Banker to lead Hendrick Automotive
Hendrick Automotive Group, the nation's seventh-largest dealership group, soon will have a former banker at the helm. Hendrick has hired Edward Brown III, a retired Bank of America executive, as CFO.Переслать - GM will cover Opel restructuring costs with loans
General Motors Co. will cover a pledge to increase funding for the reorganization of its money-losing Opel unit with loans and a deposit guarantee, GM's German-aid application shows.Переслать - April sales gain in Mexico is first since July 2008
Sales of new light vehicles in Mexico rose for the first time in almost two years in April. Sales rose 2 percent to 65,416 cars and trucks, the first gain since a 3 percent increase in July 2008.Переслать - Tata posts profit as Jaguar, India demand rise
Tata Motors, owner of Jaguar Land Rover, posted a full- year net income after the UK luxury unit had a pretax profit and sales gained amid economic growth.Переслать - Zetsche says Daimler's electric vehicle venture with BYD will be key in China
Daimler AG's CEO is counting on a new partnership to make the German automaker a leader in China's electric vehicle market.Переслать
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