U.S. growth boosts profit at Subaru maker Fuji HeavyAuto News

The maker of Subaru vehicles, Fuji Heavy, said fourth-quarter net income rose 38 percent. The company also reported a third-straight year of record financial results on booming U.S. sales and favorable foreign currency gains.

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Nissan poised to take controlling stake in Mitsubishi Motors Auto News

Nissan and Mitsubishi Motors confirmed they are in talks about a possible capital tie-up and that their boards are planning to meet separately to discuss the matter.

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VW, U.S. dealers to hold talks on financial relief over emissions violationsAuto News

Volkswagen agreed to begin talks with U.S. VW dealers seeking compensation for financial damages caused by the company's diesel emissions violations.

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'Car Wars': Product Plethora (5/11/16)

‘Car Wars’: Product plethora; Nissan to control Mitsubishi?; BMW tackles oversupply;...
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GM projected to gain market share with 88% redesign of its product line by 2020Auto News

General Motors is projected to gain U.S. market share over the next four years as it launches a dozen new crossovers and trucks, according to an annual report on future product plans prepared by Bank of America Merrill Lynch.

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Nissan in talks to take control of Mitsubishi Motors, report saysAuto News

Nissan may invest more than 200 billion yen ($1.84 billion) in a play to take over Mitsubishi Motors, Japanese broadcaster NHK reported without identifying sources.

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GM's Andrew Smith says autonomous cars are already influencing interior designsAuto News

Andrew Smith, executive director of global Cadillac design, said today GM's design staff is already thinking about how the interior will change if the car drives itself.

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Tesla Model 3 design not finalizedAuto News

Tesla Motors said the design of its new Model 3 has not been finalized, even though the electric-car maker expects to begin building the mass-market sedan within the next 18 months.

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Auto marketers tout the benefits of sports advertisingAuto News

Sports remain one of the last bastions of live TV, making it an irresistible chance for automakers to reach consumers, according to some of the top marketing minds in the business.

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Toyota's net income falls 4% on lower sales, higher costs and currency lossesAuto News

Toyota's net income fell 4 percent in its latest quarter as lower sales, rising costs and foreign exchange rate losses hit earnings.

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Takata looks at restructuring after posting loss on recall costsAuto News

Takata posted its third annual loss in the past four years, hit by costs for recalls of its potentially deadly airbag inflators. The supplier said it was considering a drastic review of its inflator division and the sale of non-core businesses.

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