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- Obama bailout hurt auto industry more than helped, Romney says
President Barack Obama used the federal bailout of GM and Chrysler to enrich union supporters, and that action marred the industry's recovery, Republican presidential candidate Mitt Romney said today in an op-ed column in The Detroit...
Переслать - Auto sales per U.S. dealer may reach record in 2012, firm says
Auto sales per dealership in the United States may rise to a record in 2012 as demand increases and automakers' dealership networks stabilize, according to an industry consulting firm.Переслать - BorgWarner Q4 earnings surge on fuel efficiency efforts
Auto supplier BorgWarner boosted fourth-quarter profits as the company benefited from its automaking customers striving to increase fuel efficiency. Fourth-quarter net income was $127.5 million, or $1.00 per share, up from $116.Переслать - Asbury Automotive quadruples Q4 profits
Asbury Automotive quadrupled its fourth-quarter profits, helped by higher sales at its new and used vehicle segments. For the fourth quarter, the company reported earnings of $21.5 million, or 68 cents a share, compared with $5.Переслать - Bankruptcy not protecting Lear from price-fixing lawsuits
Electronics and seating supplier Lear largely failed in its effort to use the company's 2009 bankruptcy to stop antitrust lawsuits alleging a price-fixing conspiracy among manufacturers of wire harnesses.Переслать
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