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

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

Toyota recalls 1.67 million Toyota, Lexus cars
Green Cars

Toyota recalls 1.67 million Toyota, Lexus cars

By Maki Shiraki; Writing by Chang-Ran Kim; Editing by Chris Gallagher and Kenneth Maxwell

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Nissan says Sept China auto sales down 20 percent year-on-year

Nissan says Sept China auto sales down 20 percent year-on-year

Japanese automaker Nissan Motor Co Ltd (7201.T) said on Friday that, together with its Chinese joint venture partner, it sold about 93,700 automobiles in China in September, down 20 percent from a year earlier.

By Samuel Shen and Kazunori Takada

Chrysler recalls cargo vans due to inadvertent airbag deployments

Chrysler recalls cargo vans due to inadvertent airbag deployments

Chrysler Group LLC said on Tuesday it is recalling about 22,100 small cargo vans because of inadvertent side air bag deployments, the company and U.S. safety regulators said.

By Bernie Woodall in Detroit; Editing by Jeffrey Benkoe

Europe's carmakers walk tightrope between low cost and high spec

Europe's carmakers walk tightrope between low cost and high spec

Carmakers are betting on style and recycling in the battle for Europe's burgeoning small car market, adding hi-tech safety and entertainment features while often using older vehicle underpinnings as a way to keep prices down.

By EDWARD TAYLOR

Volkswagen's Seat says nearing profitability

Volkswagen's Seat says nearing profitability

Volkswagen's (VOWG_p.DE) Spanish division Seat is nearing profitability as new models boost sales and core European markets grow, Seat boss Juergen Stackmann said.

By Andreas Cremer; Editing by Mark Potter

Ford lowers 2014 pretax profit forecast to $6 billion

Ford lowers 2014 pretax profit forecast to $6 billion

Ford Motor Co (F.N) has lowered its expectation for pretax profit this year to $6 billion, from its previous forecast of $7 billion to $8 billion, the automaker's chief financial officer told investors on Monday.

By BERNIE WOODALL

Wall St. ends down on Hong Kong tensions, Ford outlook

Wall St. ends down on Hong Kong tensions, Ford outlook

U.S. stocks ended lower on Monday following protests in Hong Kong that added to worries about Chinese growth and after a disappointing forecast from Ford Motor Co(F.N).

By CAROLINE VALETKEVITCH

Ford shares tumble on lower profit outlook for 2014-2015

Ford shares tumble on lower profit outlook for 2014-2015

Higher recall costs in North America and steeper losses in Russia and South America have caused Ford Motor Co (F.N) to slash its forecast for pretax profit this year to $6 billion, from $7 billion to $8 billion previously, executives told investors at a briefing on Monday.

By BERNIE WOODALL