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Latest news on ‘Automotive’

  • GM reports 7 percent sales dip compared with July

    DETROIT (AP) — General Motors Co.’s August sales dipped 7 percent compared with July as fears about the shaky economy discouraged customers from buying new cars and trucks.
    U.S. auto sales [...]

  • Toyota recalls Corolla, Matrix models due to an engine defect

    LA Times – Just days after U.S. auto safety regulators stepped up a probe into the risk that more than 1 million Toyota Corolla and Matrix vehicles could stall because [...]

  • GM Files for Landmark IPO to Repay Bailout

    NEW YORK/DETROIT (Reuters) – General Motors Co filed for an initial public offering of stock on Wednesday, clearing a key hurdle toward repaying taxpayers for a controversial bailout just over [...]

  • GM recalls 240,000 Traverses, Enclaves, Acadias, Outlooks

    DETROIT — General Motors is recalling more than 243,000 large crossovers because of potential damage to the second-row seat belts that can cause the belt to feel properly latched when [...]

  • GM’s Whitacre Says He Will Be Replaced as CEO by Dan Akerson

    Bloomberg – General Motors Co. Chief Executive Officer Ed Whitacre said on a conference call he’s stepping down as CEO on Sept. 1 and will be replaced by director Dan [...]

  • GM results to show gain over first quarter

    NEW YORK/DETROIT (Reuters) – General Motors Co (GM.UL) is preparing to report second-quarter results that will show a substantial gain over the first quarter in a report it will use [...]

  • Honda Recalls 383,000 Vehicles On Rollaway Concern

    DETROIT—Honda Motor Co. is recalling 197,000 Accord and 117,000 Civic sedans as well as 69,000 Element sport-utility vehicles from the 2003 and 2004 model years in the U.S. to fix [...]

  • Troubled Toyota starts world recall for engine fix

    TOKYO (AP) — Toyota started a global recall over engine defects in its Lexus and Crown models, moving Monday to repair nearly 92,000 vehicles in Japan over the latest trouble [...]

  • Japanese auto-maker shares track U.S. sales data

    TOKYO (MarketWatch) – U.S. auto sales for June revealed the disappointing performances of some Japanese car makers, whose shares lagged the broader market in Friday’s trading.
    According to figures from Autodata, [...]

  • Tesla increases size of IPO by 20 percent

    SAN FRANCISCO (Reuters) – Electric carmaker Tesla Motors (Nasdaq:TSLA – News) raised the number of shares it will sell in its initial public offering by 20 percent, an early sign [...]

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