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- Fiat, UAW Trust differ over value of Chrysler Group stake
Fiat and the UAW retiree health care trust disagree over over the value of Chrysler Group LLC, meaning the Italian automaker isn't rushing to gain more control of the U.S. automaker.
Переслать - Female U.S. Senators press Saudi Arabia to let women drive
Fourteen female U.S. senators called on Saudi Arabia to end its ban on women driving cars, adding new public support to a once-quiet campaign to change Saudi policy.Переслать - Toyota eyes engine factory in Mexico
Toyota, the world's largest automaker, is looking for a site for a new engine factory in Mexico. A company spokeswoman said Toyota has expansion plans in North America and is examining and analyzing different locations for a new plant.Переслать - Big dealer groups produce strong results despite Japanese shortages
Group 1, Sonic Automotive and Asbury Automotive posted strong second-quarter results despite the inventory crunch triggered by the Japanese earthquake and tsunami in March.Переслать - Ford Q2 net profit falls 8% to $2.4 billion on higher costs
Ford, hurt by rising commodity prices and higher product development costs, reported a decline in second-quarter net profits to $2.4 billion.Переслать - White House pushes automakers to agree to 54.5 mpg target by 2025
The White House is pushing automakers to agree by tomorrow to a corporate average fuel economy target of 54.5 mpg by 2025 -- a figure 1.7 mpg less than the 56.2 mpg standard it floated earlier this month.Переслать - Chrysler won't hike exec pay 'indiscriminately' as U.S. caps end, CEO says
Executive pay restrictions imposed by the federal government as part of Chrysler's bailout have lifted with the company's exit from U.S. ownership last week. But CEO Sergio Marchionne says that does not mean the company will loosen the purse strings.Переслать - Saab unable to pay wages to salaried workers, blames delayed funding
Struggling Swedish car maker Saab said today it cannot pay almost half of its workforce this month because it has not received the funds it had expected, reviving fears about its precarious finances.Переслать - Nissan to invest $7.8B in China by 2015, seeks a million additional sales
Nissan, the largest Asian automaker in China, plans to invest 50 billion yuan ($7.8 billion) there by the end of 2015, as it accelerates its expansion in the world's largest auto market.Переслать - Fiat raises 2011 profit targets after consolidating Chrysler financials
Fiat SpA, the Italian carmaker with a majority stake in Chrysler Group LLC, raised its full-year earnings targets after consolidating the American automaker into its earnings.Переслать
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