February forecasts see flat U.S. sales despite heavy discounts

U.S. new-vehicle sales this month, driven by high incentive spending, are expected to be about the same as a year ago or down slightly.

 

Magna says Q4 profits remained stable as revenues grew

Diversified Canadian auto supplier Magna International said its fourth-quarter profits remained stable while revenues grew.

Mercedes mulls U.S. potential for its new pickup

Mercedes is looking closely at a growing demand in the U.S. for midsize pickups to see whether there is potential to launch its X class in the market.

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