About 1,400 Jaguar Land Rover and other vehicles stuck on grounded ship, reports sayAuto News

About 1,400 vehicles -- including 1,200 made by Jaguar Land Rover, 65 Minis, and one Rolls Royce Wraith -- could be damaged after a cargo ship carrying them ran aground on a bank in the United Kingdom, according to media reports.



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KAR Auction names Peter Kelly president of new digital groupAuto News

KAR Auction Services, parent of ADESA, has named Peter Kelly president of its new Digital Services Group, effective immediately. Kelly, 46, co-founded Openlane in 1999 and has been KAR's chief technology officer since 2013.



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Honda agrees to pay $70 million in U.S. fines for under-reporting death, injury claimsAuto News

Honda agreed to pay a record $70 million in fines and submit to stricter oversight for failing to tell the US government about warranty claims and more than 1,700 injuries and deaths linked to potential defects in its cars.



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Volvo will show S60 Cross Country wagon in DetroitAuto News

Volvo will debut the S60 Cross Country wagon at the Detroit auto show next week. Volvo has increased the sedan's ride height by 2.5 inches and added all-wheel drive. The S60 Cross Country will go on sale in the United States this summer.



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Barra sees U.S. auto market flattening out, but room for growthAuto News

General Motors CEO Mary Barra said she expected the US auto market to flatten out this year, although growth is possible because of the strong economy and falling gasoline prices.



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Subaru recalls 200,000 U.S. vehicles second time for brake line fixAuto News

Subaru of America is recalling nearly 200,000 vehicles for a second time in the United States to fix brake lines that may leak fluid due to corrosion from salty, wintery roads, which could lead to longer stopping distances and increase the risk of a...



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Ford boosts stock dividend 20% even after profit declinesAuto News

Ford raised its quarterly dividend 20 percent today, the third boost in as many years, even as the automaker has said profit would decline for 2014.



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Ford, GM post double-digit sales gains in ChinaAuto News

Ford and General Motors posted double-digit sales gains in China last year, the automakers reported this week.



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Honda misses China sales goal as Japan carmakers lose tractionAuto News

Honda missed its 2014 sales target in China amid a cooling economy and greater competition, the last of Japan's three biggest carmakers to report fewer than expected deliveries in the country.



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Takata stock rises after lender expresses supportAuto News

Shares in Takata, the maker of airbags that led to millions of vehicle recalls by global carmakers, rose to the highest price in more than two months as a major lender said it would support the troubled supplier should it fail.



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JCI to unveil battery just for vehicle stop-start systemsAuto News

Johnson Controls has developed a small lithium ion battery for use only by vehicle stop-start systems. The battery is about the size of a tissue box and weighs around 9 pounds.



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Obama touts auto bailout success, Michigan worries about tradeAuto News

President Barack Obama, on a trip to unveil elements of his State of the Union address, took a victory lap in Michigan on Wednesday to tout his support of the auto industry, but concerns about trade policies hung in the background of his tour.



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Ford plant serves as backdrop as Obama previews State of the UnionAuto News

As Republicans enjoy their second day in control of both chambers of the US Congress, President Barack Obama is in Michigan previewing the State of the Union address he'll deliver to lawmakers later this month.



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Scion Ending Product Drought (1/7/15)

Sedan among three new models; CTS price cut; Mark LaNeve named Ford’s U.S. marketing boss;...

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Tenneco names JCI executive Kesseler as new COO Auto News

Tenneco named longtime Johnson Controls executive Brian Kesseler as its COO, effective Monday. Kesseler, 48, who has been president of Johnson Controls Power Solutions, replaces Hari Nair, who is retiring.



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Cadillac drops price on CTS sedan by up to $3,000Auto News

Cadillac is cutting prices on its CTS sedan in the US by as much as $3,000, a partial walk back of a big price increase 15 months ago that dealers say has driven away some loyal buyers.



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Visteon names two new board membersAuto News

Visteon named two new members to its board amid a flurry of merger and acquisition activity at the supplier in recent months.



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Ford names Mark LaNeve head of U.S. marketing, sales and serviceAuto News

Ford said Mark LaNeve, a former top sales executive at General Motors, will take over as its new head of US sales, marketing and service as of Feb. 1. LaNeve, 55, replaces John Felice after only 15 months as its U.S. sales chief.



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Toyota's Scion to add first sedan to struggling lineupAuto News

Toyota's struggling Scion brand will add a sedan to its lineup for the first time as it battles slumping sales in the United States.



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Hyundai Motor Group plans to invest $73 billion by 2018Auto News

South Korea's Hyundai Motor Group, the world's fifth-largest automaker, said it would spend $73 billion over four years on expanding capacity, building a new headquarters and developing new vehicles.



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