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Latest Industry News
Ford Motor Co. posted a big profit for the fourth quarter and 2011, but they were largely due to accounting changes.
Magna International Inc. said Tuesday that its board has adopted a number of "shareholder friendly'' corporate governance enhancements.
Hyundai Motor's net profit jumped 35 per cent to a record high last year after selling more than 4 million cars for the first time.
The chairman and CEO of General Motors Co. is defending the company over battery fires in Chevrolet Volt electric cars last year.
Nissan Motor Co. announced Wednesday it is investing $2 billion to build a new manufacturing plant in Mexico.
The government "pulled no punches'' in investigating battery fires in the Volt, General Motors' prized electric car, the head of the federal auto safety agency told Congress on Wednesday.
Iconic motorcycle maker Harley-Davidson says higher sales helped it post a $105.7 million fourth-quarter profit, a reversal from a year-ago loss.
That clunker in America's driveway has reached a record old age, but there are signs that people may be growing confident enough in the economy to get a whiff of that fresh car scent very soon.
Researchers have developed a quick online test that could keep Canada's roads safer by screening drivers for hidden cognitive problems, which experts say are on the rise as the nation's elderly population grows.
A Canadian Automobile Association survey indicates a majority of Canadians could find themselves in trouble if they got stranded while driving in winter.
Malaysian conglomerate DRB-Hicom Berhad said Monday it will buy national carmaker Proton in a 3 billion ringgit ($957 million) deal that could help revive Proton's flagging fortunes.
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