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Toyota Lexus to recall some 2006-2011 models due to fuel leak
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Toyota Lexus to recall some 2006-2011 models due to fuel leak

Toyota Motor Corp (7203.T) will recall 422,509 of its luxury brand Lexus vehicles in the United States because of a possible fuel leak that increases the risk of fire, U.S. regulators said on Friday.

By Bernie Woodall; Editing by Lisa Von Ahn

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Aluminum-intensive Ford F-150 truck on sale in December

Aluminum-intensive Ford F-150 truck on sale in December

Ford Motor Co on Tuesday is scheduled to begin production of its redesigned, aluminum-intensive F-150 full-size pickup truck, a key profit generator for the No. 2 U.S. automaker that will go on sale next month.

By Ben Klayman in Detroit; Editing by Richard Chang

U.S. fracking firms stay in top gear despite oil price slump

U.S. fracking firms stay in top gear despite oil price slump

Unfazed by slumping oil prices and battering in the stock market, firms that supply sand and guar gum for shale oil and gas companies are not ready yet to call an end to a four-year boom spurred by hydraulic fracturing technology.

By EDWARD MCALLISTER

Hyundai Motor, Kia Motors aim to raise fuel economy by 25 percent by 2020

Hyundai Motor, Kia Motors aim to raise fuel economy by 25 percent by 2020

Hyundai Motor (005380.KS) and its affiliate Kia Motors (000270.KS) said on Thursday they aim to raise the average fuel economy of their vehicles by 25 percent by 2020 to meet emissions regulations in South Korea, the United States and Europe.

By Hyunjoo Jin; Editing by Kim Coghill

U.S. private sector creates 230,000 jobs in October: ADP

U.S. private sector creates 230,000 jobs in October: ADP

U.S. private employers added 230,000 jobs in October, the most since June and exceeding economists' expectations as mid-sized businesses added the most workers in more than seven years, a report by a payrolls processor showed on Wednesday.

By Dan Burns; Editing by Chizu Nomiyama

Daimler cuts car market forecast as Europe wobbles

Daimler opens Beijing R&D centre to tune Mercedes-Benz to Chinese tastes

Daimler AG (DAIGn.DE) has opened a research and development (R&D) centre in Beijing tasked with further tuning its Mercedes-Benz brand to wealthy Chinese tastes and closing the sales gap with Audi AG (NSUG.DE) and BMW AG (BMWG.DE).

By NORIHIKO SHIROUZU

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