CHICAGO – U.S. automaker Chrysler Group LLC announced Monday that it will recall 127,350 of its 2011 and 2012 Dodge Charger and Chrysler 300 models in the United States and Canada due to a faulty fuse insert that could possibly interrupt the vehicle’s anti-lock braking system and electrical stability control.
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CHICAGO – Leading U.S. automaker Ford Motor Co. reported on Friday that it notched a profit of 1.4 billion U.S. dollars in the first quarter of 2012, a decrease of 45 percent compared to the same period of last year, as higher tax expenses and a heavy loss in the European market affected its overall performance.
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by Katherine Harbin
CHICAGO (Xinhua) — Dozens of attendees waited in line at different Chrysler displays to ride in Ram trucks or Jeeps, where professional drivers maneuvered the cars through towering obstacle courses and let the backseat Chicago riders evaluate the vehicles’ performance for themselves.
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BEIJING (Xinhua) — Anhui Jianghuai Automobile Group Co., China’s biggest exporter of light trucks, said Saturday it has signed an agreement with Brazil’s SNS Co. to build a joint venture in the South America’s biggest country.
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CHICAGO (Xinhua) — Toyota Motor Corp. said on Wednesday it is recalling about 550,000 vehicles worldwide, including 420,000 in the United States, for a potential steering problem.
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CHICAGO (Xinhua) — A tentative agreement between U.S. automaker Ford Motor Co. and the United Auto Workers (UAW) was approved by UAW members on Tuesday, the union announced on Wednesday.
The Ford agreement, which comes three weeks after General Motors’, would add 5,750 new UAW jobs, bringing the total to 12, 000. Chrysler Group LLC has just begun voting on its proposed deal, which is expected to conclude on Oct. 25.
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Japan’s biggest automaker Toyota said Wednesday production at its three Thailand plants would be halted until at least Saturday due to the impact on suppliers of the country’s worst flooding in decades.
While floods have not directly impacted its Samrong, Gateway and Ban Pho plants, Toyota said: “Some suppliers are experiencing delays in supplying parts.”
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CHICAGO (Xinhua) — Workers in General Motors Co. on Wednesday approved the automaker’s four-year contract with the United Auto Workers (UAW) union, and the contract came into effect immediately.
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PARIS (Xinhua) – Car sales in France gained momentum in August after sharp drop in the previous months, French car sales federation (CCFA) said on Thursday.
August’s new car sales stood at 108,530 units, up from 105,166 vehicles sold in the same month a year earlier, the federation said in its monthly report.
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TIANJIN (Xinhua) – Ssangyong Motor Co., the smallest automaker of the Republic of Korea (ROK), has re-entered the Chinese market with its new sport utility vehicle (SUV) two years after it halted exports to the country, Chinese authorities said Thursday.
The first batch of 302 Ssangyong SUVs, including Kornando, Actyon and Rexton models, were shipped to the northern Chinese port city of Tianjin this week, a spokesman with the Tianjin Port Co., Ltd. said.
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