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Exclusive: Ford to overhaul Lincoln brand, this time with big bucks

Exclusive: Ford to overhaul Lincoln brand, this time with big bucks

Ford Motor Co's (F.N) new chief executive, Mark Fields, is giving the automaker's long-moribund Lincoln brand what his predecessor Alan Mulally never could: a little love and a lot of cash.

By PAUL LIENERT AND BERNIE WOODALL

Microsoft sales beat Street hopes, cloud profits up

Microsoft sales beat Street hopes, cloud profits up

Microsoft Corp (MSFT.O) reported higher-than-expected quarterly revenue, helped by stronger sales of its phones, Surface tablets and cloud-computing products for companies, while keeping its profit margins largely intact.

By BILL RIGBY

U.S. prosecutors probe Takata Corp over statements: WSJ

U.S. prosecutors probe Takata Corp over statements: WSJ

U.S. federal prosecutors are trying to determine whether Japanese auto parts maker Takata Corp (7312.T) misled U.S. regulators about the number of defective air bags it sold to automakers, including Toyota Motor Corp (7203.T) and Honda Motor Co Ltd (7267.T), The Wall Street Journal reported on Wednesday.

By Emily Flitter; Additional reporting by Ben Kalyman; Editing by Andre Grenon, Sandra Maler and Leslie Adler

Michigan becomes fifth U.S. state to thwart direct Tesla car sales

Michigan becomes fifth U.S. state to thwart direct Tesla car sales

Michigan Governor Rick Snyder signed a bill on Tuesday that will keep electric carmaker Tesla Motors Inc (TSLA.O) from selling its cars directly to consumers in the state, home to the biggest U.S. automakers.

By Bernie Woodall; Editing by Jonathan Oatis

Deaths linked to GM ignition-switch defect rise to 29

Deaths linked to GM ignition-switch defect rise to 29

A program to compensate victims of a faulty ignition switch in General Motors Co (GM.N) vehicles has approved two new death claims, bringing the total number of deaths linked so far to the switch to 29, according to a report released on Monday by the lawyer overseeing the program.

By BEN KLAYMAN

VW recalls 1.1 million cars in North America, China over suspension issue

VW recalls 1.1 million cars in North America, China over suspension issue

German automaker Volkswagen AG (VOWG_p.DE) said it is recalling more than 1.1 million cars in North America and China to correct a potential problem with rear suspension parts.

By Paul Lienert in Detroit; Editing by Bernadette Baum

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