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- Mazda shares decline on plans for record share sale
Mazda, Japan's least profitable major carmaker, fell to a two-week low in Tokyo trading after the company said it may raise a record 162.8 billion yen ($2 billion) selling new stock.
Переслать - GM's Lauckner to replace retiring Stephens as technology chief
General Motors named Jon Lauckner vice president and chief technology officer, effective April 1. He will replace Tom Stephens who retires on that date.Переслать - Mazda eyes $2 billion share offering as strong yen bites
Mazda said today it was looking to raise up to 162.8 billion yen ($2 billion) in its second public share offering in 2-1/2 years, underscoring the Japanese automaker's vulnerability to the stubbornly strong yen.Переслать - Akersons donate $1 million to Habitat for Humanity
General Motors CEO Dan Akerson and his wife, Karin, will donate $1 million today to start a Habitat for Humanity initiative called Leaders to ReBuild Detroit.Переслать - Honda elevates top U.S. exec to bolster North America
Honda is expanding the role of North America COO Tetsuo Iwamura -- making him the automaker's second-highest global executive and marking the first time such a position has been based in the United States.Переслать - Lithia's next CEO has big plans for growth
In 1988 Bryan DeBoer was fresh out of college with a degree in computer science and no plans to work in the auto industry. But his dad, Lithia Motors founder Sid DeBoer, needed someone who could work with spreadsheets to organize data at Lithia.Переслать - Lithia Motors' Q4 net income rises four-fold to $18.7 million
Lithia Motors said today its fourth-quarter net income surged four-fold, let by a 41 percent rise in new vehicle revenue. Net income for the fourth quarter was $18.7 million, or 71 cents per share, compared with $4.Переслать - Ford to pump $3.8 billion into pension plan
Ford is pouring $3.8 billion into its global pension plan this year and will invest its plan assets more heavily in bonds, as the automaker moves more aggressively to minimize its pension risks in a shaky market.Переслать - Ford hikes director compensation by 25%; boosts Edsel Ford II fee
Ford boosted annual compensation for board members by 25 percent and will pay 29 percent more to Edsel Ford II, its founder's great-grandson, for his work as a director and consultant.Переслать - NHTSA adds crash dummy to assess safety seats for heavier children
A crash-test dummy designed to resemble a 10-year-old child has been added to the National Highway Traffic Safety Administration's family of test dummies to evaluate child safety seats and boosters made for children weighing more than 65 pounds.Переслать
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