10 automakers eye engineering firm, ex-regulator for Takata airbag probeAuto News

A consortium of 10 automakers led by Toyota plans to hire an independent engineering firm and a former top U.S. auto safety regulator to investigate a rash of problems with airbags supplied by Takata, the group said.



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GM to raise dividend, hints more for investors could come later this yearAuto News

General Motors said today it plans to raise its dividend by 20 percent, a move that comes as investors are calling on the auto giant to give them a bigger slice of the company's mounting pile of cash.



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New players are changing rules of retailing gameAuto News

If the deal by Warren Buffett's Berkshire Hathaway to buy the Van Tuyl Group wasn't enough of a signal, certainly the agents of billionaire George Soros' investment fund and other investor groups prowling the floors of the National Automobile...



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GM ramps up leasing business with captive financial unitAuto News

GM Financial more than tripled its share of parent General Motors' US lease originations in the fourth quarter.



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Trucks Give Lexus a Lift (2/4/15)

Luxury brand in second place, behind Mercedes-Benz; GM’s response to Ally complaint; Fields on...

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U.S. fuel economy improves for first time since August, report showsAuto News

The average fuel economy of light vehicles purchased in the US improved last month for the first time since August, increasing 0.3 mpg, according to a monthly report by the University of Michigan Transportation Research Institute.



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U.S. prosecutors, pursuing more '08 crisis cases, eye auto loansAuto News

The U.S. Department of Justice says it is still pursuing cases tied to the height of the financial crisis in 2008 and using lessons learned from those probes to examine new areas like subprime car loans.



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Asbury's Q4 net income falls on financing charge; operating income up 15%Auto News

Despite higher revenue and operating profit, Asbury Automotive Group's net income dropped by more than half in the fourth quarter because of a loss on the extinguishment of long-term debt.



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GM raises dividend, hints more for investors could come later this yearAuto News

General Motors said today it plans to raise its dividend by 20 percent, a move that comes as investors are calling on the auto giant to give them a bigger slice of the company's mounting pile of cash.



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Toyota's quarterly operating profit rises 27% on U.S. sales gainsAuto News

Booming North America powered Toyota to a 27 percent operating profit increase in the October-December quarter even as sales shrank in every other major market.



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GM Q4 pretax profit surges to $2.4 billion on strong pricing, truck salesAuto News

General Motors said its fourth-quarter pretax profit rose 27 percent to $2.41 billion, its best fourth-quarter result since the 2009 bankruptcy, thanks to stronger pricing across its major markets and stout pickup and SUV sales in North America.



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Mazda profits dinged by lower-margin models, higher taxesAuto News

A higher tax bill and a sales mix of richer in lower-margin models undercut profits at Mazda in the October-December quarter, despite rising global volume.



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Toyota's quarterly operating profit rises 27% on U.S. sales surgeAuto News

Booming North America powered Toyota to a 27% operating profit increase in the October-December quarter even as sales shrank in every other major market.



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Subaru parent earnings lifted by U.S. growthAuto News

The maker of Subaru vehicles reported a 50 percent surge in quarterly operating profit as booming U.S. vehicle sales and advantageous exchange rates lifted earnings. Operating income climbed to 124.5 billion yen ($1.



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Ford's new 1,550 workers for F-150 output pushes 300-500 to top-tier wagesAuto News

Ford is adding 1,550 hourly employees in the first quarter to increase output of its aluminum-bodied F-150 pickup. The hires will cause between 300 and 500 UAW members earning Tier 2 hourly wages of $19.



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Ford's new 1,550 workers for F-150 production pushes 300-500 to top-tier wagesAuto News

Ford is adding 1,550 hourly employees in the first quarter to increase output of its aluminum-bodied F-150 pickup. The hires will cause between 300 and 500 UAW members earning Tier 2 hourly wages of $19.



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Ford, at long last, plans Focus RS for U.S.Auto News

U.S. fans of the Ford Focus RS -- a pocket rocket long sold overseas -- soon will be able to get their hands on one. The all-wheel-drive hatchback, the first RS model to be sold in North America, will arrive next year, possibly as a 2017 model.



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Trucks propel Detroit 3 to gains in Canada; Toyota sets Jan. recordAuto News

The top auto companies sold more vehicles in Canada last month than a year ago, according to industry data released on Tuesday, with Chrysler Canada leading the pack as the top-selling carmaker for January.



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Toyota ordered to pay $11 million in trial over fatal crashAuto News

A U.S. jury on Tuesday ordered Toyota Motor Corp. to pay nearly $11 million after finding that an accelerator defect in a 1996 Camry was at fault for a 2006 fatal car crash in Minnesota.



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Light Trucks Fuel Sales Gains (2/3/15)

GM leads big carmakers’ double-digit gains; Ford reveals Focus RS; FCA, Toyota, Nissan ads...

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