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Updates from October, 2010

  • American Suzuki is recalling 69,587 SX4 models because the vehicles' side view mirrors could become unhinged.
    4:13 pm on October 29, 2010
     

  • A suit claims Toyota secretly bought back from U.S. consumers vehicles it found with speed-control defects as part of a strategy to hide unintended-acceleration problems. A suit claims Toyota secretly bought back from U.S. consumers vehicles it found with speed-control defects as part of a strategy to hide unintended-acceleration problems.


    3:33 pm on October 29, 2010
     

  • Next week will bring the first two-day sales day since 2004. At last report, a dozen brands including Hyundai, Subaru and Volkswagen are planning to stick to Tuesday, which is election day in the United States.
    3:21 pm on October 29, 2010
     

  • The U.S. is asking South Korea to accept American automobile safety and emissions standards in an effort to advance a free-trade agreement, according to three people briefed on the talks. Under the proposal, if American-made automobiles meet U.S.
    2:48 pm on October 29, 2010
     

  • Kia Motors Co. posted record quarterly profit in the third quarter as new models increased sales at home, in China and the United States. Net income surged 66 percent to 666.6 billion won ($593 million) in the three months ended Sept.
    12:26 pm on October 29, 2010
     

  • Ford will fill its stable with 11 Mustangs at next month's Specialty Equipment Market Association show.
    11:51 am on October 29, 2010
     

  • American Axle and Manufacturing Holdings Inc. posted a bigger-than-expected third-quarter profit today, its sales forecast for the fourth quarter fell short of Wall Street estimates. American Axle reported net profit of $38.
    11:00 am on October 29, 2010
     

  • Honda Motor Co. raised its profit forecast as surging sales in Asia outweigh the impact of a stronger yen. Honda expects net income of 500 billion yen ($6.
    10:30 am on October 29, 2010
     

  • Volvo made an operating profit in the third quarter, the Swedish carmaker said on Friday. Volvo did not disclose details, but said it has been profitable since the start of the year.
    8:01 am on October 29, 2010
     

  • Spyker, the Dutch supercar maker that bought Saab in February, lowered this year's production forecast for the Swedish brand as the costs of the takeover led to a wider third-quarter loss.
    4:01 am on October 29, 2010
     

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