GM's subprime auto lending draws attention of U.S. investigatorsAuto News

Federal prosecutors are asking questions about the practices of GM's financing unit, subpoenaing the company in the midst of a resurgence in U.S. auto sales fueled partly by a subprime lending boom.



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2 Southern dealers team up under new group nameAuto News

Warner Peacock, CEO of New River Auto Mall in South Carolina, is teaming up with Florida mega dealer David Maus to form a new company called First Team Automotive Group LLC.



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GM prices '15 mid-sized pickups up to $10,000 below big trucksAuto News

The new Chevrolet Colorado and GMC Canyon mid-sized pickups will be priced about $8,000 to $10,000 less than comparably equipped models of their larger showroom siblings, the Silverado and Sierra.



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N.A. auto market seen outshining other regions, despite threatsAuto News

Auto sales will continue to rise in North America through 2020 despite lingering effects of the 2009 recession, economist Jeff Schuster predicted today.



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July mpg figures rise, stand shy of U.S. record, report saysAuto News

The average stated fuel economy of light vehicles sold in the United States in July inched back closer to the all-time high set two months earlier, a University of Michigan report said today.



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California prepares for hydrogen fuel stationsAuto News

Now that Toyota and other automakers are preparing to introduce fuel-cell vehicles in California, entrepreneurs are starting to build a network of hydrogen fuel stations.



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Jag's Quick Lesson for Ford (8/5/14)

How Jaguar Land Rover is cutting aluminum repair time; subprime’s other risk; BMW teases...

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Auto sales suffer when young adults work only part-time, economist saysAuto News

New-vehicle sales are climbing steadily, but they are still depressed by a lack of full-time jobs for young adults, an economist said.



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Rolls-Royce plans second convertibleAuto News

Rolls-Royce will expand its lineup with a new convertible that will go on sale mid-2016. Media reports said the car will be a convertible version of the Wraith coupe, which is based on the Ghost sedan.



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Chrysler cuts Jeep Grand Cherokee prices in ChinaAuto News

Chrysler Group is cutting prices in China on the flagship Jeep Grand Cherokee SRT8 by 65,000 yuan ($10,500) and on the Grand Cherokee 5.



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Autocam suit over contraceptive coverage for employees to be heard againAuto News

Automotive supplier Autocam's lawsuit seeking an exemption from an Affordable Care Act mandate that requires birth control coverage will be revisited by the Sixth Circuit U.S. Court of Appeals, according to a U.S.



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Center of North American auto industry moves further southwest, IHS saysAuto News

The geographic center point of the North American auto industry, which was located in central Illinois in 2000, has now crossed south into Arkansas from Missouri and moving southwest about 14 miles a year.



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July fuel economy sticker numbers inch back toward record, study findsAuto News

The average stated fuel economy of light vehicles sold in the United States in July inched closer to the all-time high for the second month in a row, a University of Michigan report said today.



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Toyota cutting the fabled andon cord, symbol of Toyota WayAuto News

Toyota is retiring the fabled 'andon cord,' the emergency cable strung above assembly lines that came to symbolize the built-in quality of the Toyota Way and was widely copied through the auto industry and beyond.



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Fiat shares fall amid reports of Chinese probe, speculation on investors bailingAuto News

LONDON/MILAN (Reuters) -- Shares in Fiat fell more than 4 percent today, with three traders citing a Chinese press report about a competition probe targeting the Chinese operations of Chrysler, the U.S. carmaker owned by Fiat.



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Fiat shares fall amid reports of Chinese probe, 'groundless' investor rumorsAuto News

LONDON/MILAN (Reuters) -- Shares in Fiat fell more than 4 percent today, with three traders citing a Chinese press report about a competition probe targeting the Chinese operations of Chrysler, the U.S. carmaker owned by Fiat.



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Schuster says N.A. car market will outshine other regions, despite threatsAuto News

Auto sales will continue to rise in North America through 2020 despite lingering effects of the 2009 recession, economist Jeff Schuster predicted today.



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North American tooling demands growing from foreign automakersAuto News

As North American production rises, Asian and European automakers are asking their tool-and-die suppliers to set up shop in North America, a consultant says.



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Auto sales would be higher in 'normal' recovery, researcher saysAuto News

If this were a normal recovery, the auto industry should be selling a lot more cars than it is this year, says an economist. But this is no normal recovery, said Itay Michaeli, director of Citi Investment Research and Analysis.



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Subaru recalls 5,000 older models over Takata airbagsAuto News

Subaru of America said it is recalling about 5,000 older-model cars with passenger-side airbag inflators made by Takata that may rupture and break into metal fragments that could harm passengers.



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Daimler hikes Aston Martin stake to 5%; deepens ties with U.K. sports car makerAuto News

Daimler will raise its stake in Aston Martin to 5% and supply the U.K. sports-car producer with electric and electronic parts to deepen an alliance that started last year.



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Fuel regs will stymie industry after 2018, NADA economist saysAuto News

The federal targets for higher vehicle fuel efficiency will curb the industry's ability to sell more cars after the end of this decade, a leading economist predicts.



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GM plans to launch more diesel vehicles in U.S. Auto News

General Motors will launch more cars and light trucks with diesel engines in the United States in the coming years.



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Fiat says reports over shareholders selling out 'groundless'Auto News

Fiat said today that Italian media reports about a significant number of its shareholders having exercised their exit rights, a move that could potentially jeopardize the carmaker's merger with Chrysler, were unfounded.



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Gannett to buy rest of Cars.com for $1.8 billion as part of digital strategyAuto News

Gannett, the publisher of USA Today, said it would take full ownership of Cars.com and spin off its publishing assets into a publicly traded company as it focuses on its digital businesses.



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China orders national safety overhaul after deadly blast at GM supplierAuto News

China ordered a nationwide overhaul of safety practices at factories handling explosive materials following a fatal blast at an auto parts factory near Shanghai, the official Xinhua News Agency reported.



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Mercedes' office in China raided by antitrust regulatorsAuto News

Daimler's Mercedes-Benz unit said it is cooperating with China's anti-monopoly authorities over an investigation into unspecified matters, after local Chinese media said the automaker's Shanghai office had been raided.



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Daimler will raise its Aston Martin stake to 5% as it deepens ties with UK sports car makerAuto News

Daimler will raise its stake in Aston Martin to 5% and supply the U.K. sports-car producer with electric and electronic parts to deepen an alliance that started last year.



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Ford looks to build factories in fast-growing African marketsAuto News

Ford plans to expand its manufacturing plants in Africa, where the automaker is introducing models such as the Mustang and forecasts industrywide sales will grow 40 percent by 2020.



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Volvo randd boss shares strategy to take lead in self-driving carsAuto News

Volvo wants self-driving cars to be a cornerstone of its efforts to produce the safest cars on the road, the automaker's randd chief Peter Mertens said.



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BMW second-quarter profit jumps 26% boosted by record car salesAuto News

BMW said its second-quarter operating profit rose 26 percent, as new models, a rebounding Europe and strong China sales boosted earnings.



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Toyota profit surges on U.S. SUV demand Auto News

Toyota said net income in the April-to-June period rose to a record 587.8 billion yen ($5.7 billion) as surging SUV sales in the United States eclipsed shrinking demand in Japan. The company raised its North America vehicle sales target for the year.



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Toyota profit surges on U.S. SUV demand Auto News

Toyota said net income in the April-to-June period rose to a record 587.8 billion yen ($5.7 billion) as surging SUV sales in the United States eclipsed shrinking demand in Japan. The company raised its North America vehicle sales target for the year.



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Toyota reports record profit on U.S. SUV demand Auto News

Toyota said net income in the April-to-June period rose to a record 587.8 billion yen ($5.7 billion) as surging SUV sales in the United States eclipsed shrinking demand in Japan. The company raised its North America vehicle sales target for the year.



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