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Renault will build Fiat Scudo successor

Renault will build Fiat's replacement for its Scudo commercial van starting in 2016, taking over production of the model from PSA/Peugeot-Citroen.The Scudo successor will be based on the Renault Trafic. Read More »

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Fiat says ciao to Italy as merger with Chrysler ends era

Fiat is leaving home after 115 years.The controlling Agnelli family and other investors meet today to seal the end of Fiat as an Italian company after it merges with Chrysler. Read More »

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ANE's August e-magazine goes live Monday

The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Aug. 4. This month's edition looks at the potential risks and rewards facing Porsche. Read More »

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INTERACTIVE:

VW, Renault are Europe's engine plant leaders

Automotive News Europe's Guide to Powertrains shows the 83 locations where 19 automakers and suppliers produce the engines and transmissions that help drive the auto industry in Europe. Read More »

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VW profit falls, raising pressure to cut costs

Volkswagen said operating profit declined 3.1 percent in the second quarter as emerging-market volatility and a plunge in earnings at its core passenger-car division weighed on earnings. Read More »

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Fiat investors likely to approve Chrysler merger

Fiat shareholders will likely approve the automaker's merger with Chrysler when they meet in Italy for the last time on Friday. Industry watchers expect Fiat to win the two-thirds majority vote needed for a merger. Read More »

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Tesla's Q2 net loss widens to $62 million as r&d expenses soar

Tesla's net loss widened to $61.9 million in the second quarter even though it assembled and delivered record numbers of Model S electric cars. Revenues surged nearly 90 percent. Read More »

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Supplier exec pleads guilty to fixing Toyota parts prices

An executive from GS Electech, a supplier to Toyota, pleaded guilty today to playing a role in an international conspiracy to rig bids and fix prices on auto parts, the Department of Justice said. Read More »

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AutoNews Now: Ford, GM cut parts to boost payloads

Automakers delete bumpers, spare tires to calculate key metric; Fields' currency concern; optimistic car colors. Read More »

Superior’s Q2 net income drops 21%; Ark. plant to close

Aluminum wheel supplier Superior Industries International said today that its second-quarter net income tumbled 21 percent from the year-earlier period to $5 million on flat sales of $199 million. Read More »

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Daimler will invest 1.5 billion euros in its biggest German plant after winning labor deal

Daimler plans a 1.5 billion euros investment its Mercedes plant in Sindelfingen, Germany, after employees agreed a labor deal that the company says will save 100 million euros in costs. Read More »

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BorgWarner net income up 9% for Q2 as engine division grows

BorgWarner, a supplier of turbochargers and emissions systems, reported a 9 percent increase in net income for the second quarter as its engine division grows and the European market -- which makes up about half of the company's customer base -- continues to recover. Read More »

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Future car colors inspired by Midwest homes, landscape, BASF says

Future cars and light trucks will sport more sparkling oranges and browns, soft blues and greens, and pearly whites and grays -- all inspired by the clear skies, lush lawns and warm homes found in the nation's heartland -- according to trend spotters at BASF's automotive coatings divisions. Read More »

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MIKE COLIAS:

Eurofication of Buick lineup continues with … an imported Regal?

The Buick Regal already is the most Euro-looking vehicle in Buick's lineup. In a few years, it might literally be European. Read More »

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Denso's quarterly profit falls on Japan labor costs, compact car shift

Denso, the Toyota-affiliated auto supplier, posted a 16.7 percent drop in April-June quarterly operating profit from a year earlier as domestic labor costs rose and as automakers sold more compact cars in Japan that tend to be less profitable. Read More »

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Mazda, Subaru profit from strong U.S. sales amid downturn in Japan

Japanese automakers Mazda and Subaru parent company Fuji Heavy Industries said they are on track for record full-year profits after strong sales in the United States powered double-digit profit growth in the April-June quarter. Read More »

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THE GM RECALL:

GM missed red flag from rental car firms on fatal crashes

More than seven years before GM began the biggest wave of auto recalls in history, an investigator for Vanguard Car Rental contacted the carmaker about a fatal rollover crash in California. Vanguard wasn't alone. Read More »

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Delphi reports strong Q2 profit, but next quarter may disappoint

Delphi Automotive Plc today reported stronger-than-expected second-quarter profits, but offered a lower forecast for the third quarter. Read More »

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Mexico light-vehicle sales by nameplate, June & YTD

This is data compiled by the Automotive News Data Center and requires a Data Center subscription to access. Read More »

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Mexico light-vehicle sales by make, June & YTD

This is data compiled by the Automotive News Data Center and requires a Data Center subscription to access. Read More »

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First Shift: Tesla-Panasonic 'giga' team

Partners make battery deal; VW profit off, Subaru and Mazda up; NY used-car crackdown; Snyder: July U.S. sales on course. Read More »

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Tesla, Panasonic agree to team on U.S. gigafactory

Tesla Motors and Panasonic have agreed to cooperate on the construction and operation of the American carmaker's so-called gigafactory, its envisioned large-scale battery manufacturing plant in the United States. Read More »

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Continental raises 2014 profit forecast on lower costs, auto demand

Continental raised its 2014 profit forecast for the second time this year to 11 percent of sales from 10.5 percent, after lower production costs and improving auto demand helped boost quarterly earnings. Read More »

Volume hot, profits not, for GM Financial, Ford Credit

North American auto loan and lease originations combined rose in the second quarter from the year-earlier period for both Ford Motor Co.'s and General Motors' captive finance companies. Read More »

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GM, too, removes parts to weigh pickups, boost payload ratings

GM says it deletes heavy items such as the rear bumper from certain pickups when it weighs them in order to boost the vehicles' maximum payload ratings. GM says it adopted the practice for the 2014 model year in response to competitive pressures as it launched redesigned full-sized pickups. Read More »

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AutoNews Now: Toyota cuts famed andon cord

Factory fixture that stops line replaced with button; tech-filled C class; Hyundai Sonata recall; Penske Q2 profit. Read More »

Automakers seek delay on pedestrian-alert systems for hybrids, EVs

Automakers, citing delays at NHTSA, want the agency to postpone rules that would require hybrids and electric vehicles to be equipped with pedestrian-alert systems. Read More »

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First Shift: Toyota's slim lead over VW

U.S. SUV sales help Japanese automaker keep global crown, GM in 3rd place; Fiat net falls 55%; Volt beats Leaf in test. Read More »

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Marchionne says he is open to new alliances but won't sell Alfa Romeo

Fiat CEO Sergio Marchionne reiterated that Alfa Romeo will not be sold but said he remains open to forming alliances with other carmakers if it helped cut costs. Read More »

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Audi said to plan efficiency push to lower costs

Audi CEO Rupert Stadler plans steps to boost efficiency and lower costs on all operating levels, a source said, as the luxury carmaker struggles to raise output and profit margins. Read More »

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Lexus' plans exclude China plant

Lexus has no plans to join the rush of carmakers manufacturing in China because it has to learn to crawl in that market before it runs, a top executive says. Read More »

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Chrysler recalls nearly 30,000 Fiat 500L cars for airbag glitch

Chrysler Group is recalling 29,500 Fiat 500L cars from the 2014-15 model years to replace knee airbags that may not deploy in the correct position if the driver is not wearing a seatbelt. Read More »

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Germany's ZF in advanced talks to buy TRW for near $12 billion, report says

Germany's ZF Friedrichshafen AG is in advanced talks to acquire TRW Automotive for nearly $12 billion, in a deal that would create an automotive supply powerhouse, people familiar with the matter told Reuters today. Read More »

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Mitsubishi's quarterly profit gains paced by Europe

Europe was Mitsubishi's most profitable region in the fiscal first quarter ended June 30, the company said today. Read More »

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GM resumes pickup output at Indiana plant

Production resumed today at one of GM's three pickup plants after being idled because of an interruption in sheetmetal supplies, the company said. Read More »

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Penske Q2 net income rises 18% on strong gains in all segments

Penske Automotive Group's second-quarter net income rose 18 percent from the year-earlier period on higher new- and used-vehicle unit sales. Read More »

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Toyota luxury boss says sub-$30K car 'wouldn't be a Lexus'

A senior Lexus executive said that a car priced below $30,000 would not be worthy of the brand, in an indirect dig at German rivals who have been moving downmarket. "We could go down and build a car under $30,000, but it would be decontented, and you'd be cutting corners. Read More »

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Audi CEO vows efficiency drive to enhance margins, report says

Audi plans steps to boost efficiency and lower costs on all operating levels, according to a senior company source, as the luxury carmaker struggles to raise output and profit margins. Read More »

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Hyundai recalls 883,000 Sonata sedans to repair transmission-shift cable

Hyundai is recalling about 883,000 Sonata sedans in the United States and Puerto Rico because a potentially defective transmission-shift cable could increase the risk of a crash. Read More »

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Jaguar touts aluminum features on upcoming XE

Jaguar Land Rover is touting the aluminum features on its upcoming Jaguar XE sedan, promising it will be the most fuel efficient vehicle in brand history. Read More »

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Fiat profit falls on weak North, South America performance; Europe loss reduced

Fiat reported a fall in second-quarter operating profit as a better performance from its luxury brands and its Asia and European operations failed to offset weak Latin American and disappointing North American results. Read More »

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Small cars struggle in latest round of IIHS crash tests

Small cars performed poorly in a new round of insurance industry crash testing, with the four-door Mini Cooper Countryman receiving the only good rating of 12 cars evaluated. Read More »

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Dahlheim named CEO of VW Credit

VW Credit named CFO Christian Dahlheim CEO of the captive finance company today, succeeding Andrew Stuart, who left the company to become CEO of U.S. operations for TD Auto Finance. Read More »

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