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GM Sees Difficult 2013 in Europe, Continued Strength in BRIC Markets

GM’s challenge with global product platforms includes building vehicles that meet individual market requirements and maximizing common content, while also paying close attention to the needs of each market.

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Honda cuts forecasts, hopes for China recovery in February

(Reuters) – Honda Motor Co (7267.T) cut its full-year net profit forecast by a fifth after sales in China were hit by a popular backlash against Japanese goods, and warned it could be February before business in the world’s biggest autos market returns to normal.

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Diesel price drop largest in nearly four years

The national average retail diesel price fell by 8.6 cents to $4.03 during the week ended Oct. 29, according to the U.S. Department of Energy’s Energy Information Administration.

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See Nissan’s Wireless Charging With Automatic Parking Location (Video)

Right now, all plug-in electric cars are recharged using a cable that connects the car through a charging device to electric current of various types. But if Nissan has its way, that will change in a couple of years.

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Ford posts Q3 net of $1.63 billion; record N.A. profits offset European losses

By Automotive News Ford Motor Co. posted a $1.63 billion third-quarter net profit, nearly matching its year-earlier total, as record high earnings in North America more than offset mounting losses in Europe.

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Ford drops to near-bottom of Consumer Reports’ reliability study

Ford Motor Co. plunged for the second straight year in Consumer Reports‘ survey of auto reliability and now ranks near the bottom of the annual scorecard.

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Hertz – Donlen CEO Rappeport to Retire, Callahan to Succeed Him

The Hertz Corporation, parent company of fleet leasing and management company Donlen, has announced that Gary Rappeport, Donlen’s CEO, will be retiring at the end of 2012.

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Chrysler aims for stronger supplier ties, will expand no-bid deals

Chrysler Group plans to bring key suppliers in early on product-development projects and de-emphasize competitive bidding, said Scott Kunselman, the automaker’s new purchasing chief.

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Kia stock falls despite 28% gain in quarterly net income

SEOUL (Bloomberg) — Kia Motors Corp., South Korea’s second largest carmaker, reported profit a lower-than-expected profit after labor protests led to the company’s second-worst strike in the past decade.

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