| RPT-Fitch European auto ABS Index performance displayed stable trends in Q113 |
May 7th, 2013 |
Tue May 7, 2013 5:10am EDT (Repeat for additional subscribers) May 7 (Reuters) - (The following statement was released by the rating agency) Fitch Ratings says in its quarterly European Auto ABS Index report that the performance of its indices primarily displayed stable trends in Q113. The Fitch 30+ Delinquency Index increased marginally to 1.8% from 1.6% during Q1 while the Fitch 60+ ...
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| Chinas struggling automakers jump on SUV boom |
May 7th, 2013 |
This is China's Year of the SUV. Whatever their specialties used to be, automakers ranging from global brands to China's ambitious rookies are scrambling to cash in on the explosive popularity of sport utility ...
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| UPDATE 1-Mexico auto output exports rise in April vs yr ago-AMIA |
May 7th, 2013 |
MEXICO CITY, May 7 (Reuters) - Mexico's auto production and shipments rose in April compared with the same month a year earlier, the Mexican Auto Industry Association said on Tuesday.Automobile output rose 15.6 percent to 238,766 vehicles, while exports from Latin America's second-biggest economy rose 2.8 percent to 185,548 units over the same period, the industry group ...
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| Pickup trucks are back |
May 7th, 2013 |
By Doron Levin, contributor FORTUNE -- April, a cruel month for poets, turned out to be one of joy and relief for Detroit automakers due to the rebounding sales of large pickup trucks, a key moneymaking category for the U.S. industry. Sales of the Dodge Ram, Chevrolet Silverado, Ford F150 and their peer group, were up almost 27% from a year ago, surely benefitted from a recovering housing ...
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| 2014 Subaru Forester Family Checklist |
May 7th, 2013 |
doesn't look that different from its predecessor, but the 2014 model has added cargo room and even more family appeal. This five-seat crossover also gets some serious retooling under the hood. I tested Forester 2.0XT Premium trim that zipped along with a 250-horsepower, turbocharged 2.0-liter four-cylinder. A majority of families will opt for the standard 170-hp, 2.5-liter four-cylinder, ...
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| UPDATE 1-Brazil produces record number of autos in April |
May 7th, 2013 |
* April output climbs to 340,900 vehicles, best month ever * Production pace slows slightly, remains above 2-yr avg * Sales, production boosted by extension of tax breaks SAO PAULO, May 7 (Reuters) - Brazil produced a record number of automobiles in April as recovering demand raised hopes that carmakers could shake off an uneven first quarter. Automobile production rose 6.8 percent and sales ...
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| General Motors to Make Cadillacs in China |
May 7th, 2013 |
U.S. automaker General Motors says it is planning to manufacture its luxury Cadillac model in China as it looks to gain a bigger foothold in the world's largest car ...
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| Whats next for Ford Motor Co. in Louisville |
May 7th, 2013 |
William Clay Ford Jr., left, executive chairman of Ford Motor Co.; Alan Mulally, president and CEO; and Jim Farley, executive vice president global marketing, sales, service and Lincoln; were on hand in January to introduce the Lincoln MKC Concept vehicle at the North American International Auto Show. Last week, Ford Motor Co. announced that it would add more than 2,000 workers at its Kansas ...
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| BMW recalls 220000 vehicles in widening airbag issue |
May 7th, 2013 |
BMW is recalling about 220,000 vehicles worldwide from model years 2002 and 2003 as part of a wider recall affecting airbags made by supplier Takata Corp, BMW said on Tuesday.The latest recall includes BMW's popular 3-Series sedans, coupes, convertibles and station wagons. Last month, 3.4 million vehicles worldwide made by Toyota Motor Corp, Nissan Motor Co, Honda Motor Co and Mazda Motor ...
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| NHTSA watches Ford vans for signs of rust |
May 7th, 2013 |
Detroit - U.S. auto safety regulators are monitoring about 100,000 Ford and Mercury minivans that were not covered by a recall issued earlier this year for rust problems.Ford recalled about 230,000 Ford Freestar and Mercury Monterey minivans in March to fix rust in the wheel wells that can cause the third-row seats to come loose.The vans from the 2004 through 2007 model years were sold or ...
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