GM cuts capacity, jobs in Indonesia, where Japanese dominate

General Motors is to stop making cars in Indonesia, a battleground for global automakers in emerging Southeast Asia, closing an assembly plant, axing some 500 jobs and shifting its branding focus to SUVs.

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Ford hires 400 more than planned in Canada to support output of new Edge

Ford has hired about 400 more workers than it previously said it would need to build the redesigned Edge crossover in Canada.

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U.S. orders Takata to preserve airbag inflators for federal probe

A federal safety regulator on Wednesday ordered troubled Japanese supplier Takata to preserve all airbag inflators removed through a recall process as evidence for a federal investigation and private litigation cases.

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U.S. orders Takata to preserve defective airbag inflators for federal probe

The United States ordered supplier Takata to preserve all airbag inflators removed through the recall process as evidence for both a federal investigation and private litigation cases, the Transportation Department said.

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Santander Consumer USA to pay $9.35 million settlement over military repos

Santander Consumer USA will pay at least $9.35 million to resolve charges that it improperly repossessed the cars of members of the military, the U.S. Department of Justice said today.

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U.S. auto sales roar toward strongest February since 2002

U.S. auto sales are on pace for the best February since 2002, forecasters say, even as relentless snow slowed demand in the Northeast. February is expected to mark the 12th consecutive month of year-over-year gains for the industry.

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Lithia Q4 net income jumps 50% as it makes acquisitions top priority

Strong sales across all divisions and the integration of its purchase last year of DCH Auto Group pushed Lithia Motors' net income up 50 percent during the fourth quarter.

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