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- Kia profits soar 67% as SUV, sedans sales rise in U.S.
Kia Motors posted a 67 percent increase in second-quarter profit as it sold more sedans, crossovers and SUVs in the U.S. market. Net income was 1.13 trillion won ($1.
Переслать - Fiat execs dominate Marchionne's unified Fiat-Chrysler management team
Sergio Marchionne, CEO of Fiat and Chrysler, will retain oversight of the two automakers in North America under a single management team dominated by Fiat-bred executives.Переслать - Toyota: U.S. sales rebound won't begin until September
Toyota, replenishing auto inventory thinned by Japan's earthquake in March, said it's not likely to begin posting U.S. sales gains again for at least two more months.Переслать - Who's who in the combined Fiat-Chrysler
Here are the 22 executives who will make up the new Group Executive Council.Переслать - California supports White House mileage plan for 2017-25
California state regulators who have locked horns with automakers in the past will support the White House's plan to raise corporate average fuel economy standards to 54.5 mpg by the 2025 model year.Переслать - July auto sales seen recovering from June, May levels
U.S. July auto sales should show an improvement from the past two months as the industry recovers from supply chain disruptions in Japan, but it could be a long time before the industry is fully back on track.Переслать - EIB to block Russian investor from Saab rescue until debt paid
The European Investment Bank said it will bar Russian banker Vladimir Antonov from investing in Saab Automobile as long as the struggling Swedish automaker owes the bank money.Переслать - Federal-Mogul mulls acquisitions, may spend up to $1.6B
Federal-Mogul, after posting higher second-quarter profits and sales, said it's focused on growth and is evaluating acquisitions four months after considering putting itself up for sale. The supplier is able to spend as much as $1.Переслать - Marks will step down as head of Bosch in North America
Peter Marks, the head of German auto supplier Robert Bosch's North American unit, is resigning from the company's board of management effective Dec. 31.Переслать - BorgWarner raises 2011 forecast as latest profits, sales advance
BorgWarner today reported higher quarterly profits, driven by increased demand for its fuel economy systems and technologies, and hiked its 2001 outlook. Sales rose 28 percent to $1.8 billion in the latest period.Переслать
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