Mitsubishi to shuffle top management, report saysAuto News

Mitsubishi Motors President Osamu Masuko, who led the struggling carmaker to record profits and overhauled its product strategy, plans to hand off control April 1 to Managing Director Tetsuro Aikawa, Japan's Nikkei business daily reported Friday.



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Renault-Nissan raise savings targets in cooperation push Auto News

Renault-Nissan announced plans to accelerate integration between the carmakers by stepping up joint projects in development, manufacturing, purchasing and human resources.



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Va. dealer Moorehead becomes 1st African-American with a U.S. Rolls-Royce storeAuto News

Tom Moorehead, owner of BMW and Mini dealerships in northern Virginia, has acquired a Rolls-Royce store, becoming the first African-American with a franchise to sell the ultraluxury brand in the United States.



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AutoNation's Jackson calls 2013 a 'perfect year'Auto News

After a year that he described as 'perfect' for his company, AutoNation CEO Mike Jackson is looking for more of the same for 2014. 'I'm pretty optimistic.



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BMW will end Mini production at Magna Steyr in 2016, report saysAuto News

BMW Group will end production of Mini cars at Austrian contract manufacturer Magna Steyr in 2016, a report said.



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Snow, ice hamper auto production in the SouthAuto News

Auto plants in the southeastern United States, where cities were gridlocked by snow and ice this week, canceled some shifts, and parts shortages caused by the storms have slowed production in other regions of the country.



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Toyota tells N.A. dealers to stop selling 8 models for possible fire riskAuto News

Toyota told North American dealers today to stop selling several models equipped with seat heaters made since August 2012 after being alerted by South Korean safety officials that material in the part did not meet fire retardation standards also...



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After Obama kudos, supplier executive pushes for hiring incentivesAuto News

Following a name drop by President Barack Obama during his State of the Union Address Tuesday night, the CEO of a woman-owned Ford parts supplier in Detroit plans to capitalize on the spotlight.



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Toyota tells N.A. dealers to stop selling several models for safety issueAuto News

Toyota told North American dealers today to stop selling several models equipped with seat heaters made since August 2012 after being alerted by South Korean safety officials that material in the part did not meet fire retardation standards also...



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Toyota alerts U.S. safety board to issue that could result in recallAuto News

Toyota has alerted federal safety officials about seat material in several vehicles that does not meet fire retardation standards, which could result in a recall depending on what the safety agency decides.



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Maserati boom signals Fiat saying 'arrivederci' to its Italian pastAuto News

Fiat made its name building modest cars such as the tiny 500. With the acquisition of Chrysler, CEO Sergio Marchionne is shifting the company away from the European mass market to build upscale cars for wealthy Americans, Chinese and Europeans.



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Ford hiking F-series Super Duty output 15%Auto News

Ford is investing $80 million in its Kentucky Truck plant in Louisville to boost production capacity of Super Duty pickups 15 percent. The factory will be able to build 55,000 additional units a year when the upgrades are completed, Ford said today.



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AutoNation Q4 profit rises 31% on higher volumesAuto News

Higher revenues and profits in all business categories drove AutoNation's fourth-quarter income to the highest levels of the year as the retailer continued to benefit from rising auto sales in the United States.



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Ford's store, company employees will buzz about Bowl spotAuto News

Ford is encouraging its more than 3,000 dealerships and their employees and Ford company employees to help create buzz for an advertising spot scheduled to air before the Super Bowl, and sustain it for several weeks after.



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Gentex posts 76% increase in Q4 net incomeAuto News

Gentex, a supplier of rearview mirrors and automotive safety, lighting and electronics components, said today that its fourth-quarter net income rose 76 percent from a year earlier while its annual profit surged 32 percent.



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VW brings back Barnes as U.S. sales chiefAuto News

Volkswagen of America said today it has rehired former COO and sales chief Mark Barnes as vice president of sales, bolstering VW's executive team as it plots the next step toward a goal of nearly doubling sales in the United States by 2018.



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Fiat-Chrysler creates Dutch holding, sets tax domicile in UKAuto News

Fiat will register the holding of its newly created Fiat Chrysler Automobiles group in the Netherlands and set its tax domicile in Britain, cementing a politically sensitive shift away from its home base in Italy.



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Chrysler to feature Bob Dylan in Super Bowl ad, report saysAuto News

Singer-songwriter Bob Dylan will star in a Chrysler commercial during Sunday's Super Bowl, following celebrities such as Eminem, Clint Eastwood and Berry Gordy, according to Billboard magazine.



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Chrysler posts Q4 net income of $1.6 billion with help of onetime tax gainAuto News

Chrysler Group reported an increase in earnings for the fourth quarter as the launch of the 2014 Jeep Cherokee and higher sales in the United States helped the automaker to its third straight annual profit.



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Mercedes' former production chief Renschler may head VW trucks unit, report saysAuto News

Andreas Renschler, who quit his post as production chief at Mercedes, may move to Volkswagen to head its trucks business, according to a report.



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