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Updates from February, 2011

  • The U.S. Treasury today named John D. Durrett, a strategic adviser to Serent Capital, to the board of directors of Ally Financial Inc., the auto industry lender that was bailed out as part of the Troubled Asset Relief Program.
    11:05 pm on February 28, 2011
     
  • U.S. auto-safety regulators said they'll scrap a proposed rule to require car windows to automatically reverse if something such as a hand or head is in their way.
    6:27 pm on February 28, 2011
     
  • GM's mostly electric Chevy Volt turned in a lackluster performance for efficiency in its first series of road tests by product raters at Consumer Reports.
    6:16 pm on February 28, 2011
     
  • Nissan Americas has moved three key executives into new positions as it pushes for more market share in this hemisphere outside the United States.
    5:32 pm on February 28, 2011
     
  • Ford Motor Co. says it will end February with its inventory of 2011 Explorers at only 60 percent of what it had expected.
    5:21 pm on February 28, 2011
     
  • Toyota fared well in the magazine’s top picks for 2011 across 10 different vehicle segments. The Japanese automaker had the most with three picks (the RAV4 small SUV, shown here, the Sienna minivan and the Prius hybrid). Consumer Reports has named Japanese automakers Honda, Subaru and Toyota as the best all-around car makers for the third year in a row in its annual auto issue.


    3:19 pm on February 28, 2011
     
  • Toyota fared well in the magazine’s top picks for 2011 across 10 different vehicle segments. The Japanese automaker had the most with three picks (the RAV4 small SUV, shown here, the Sienna minivan and the Prius hybrid). Consumer Reports has named Japanese automakers Honda, Subaru and Toyota as the best all-around car makers for the third year in a row in its annual auto issue.


    3:19 pm on February 28, 2011
     
  • Toyota Motor Corp. may report a 27 percent increase in sales of Toyota, Lexus and Scion cars and light trucks for February, based on the average of four analysts' estimates compiled by Bloomberg. At most, the recall of 2.
    3:08 pm on February 28, 2011
     
  • Honda and Subaru topped Consumer Reports' annual rankings of automakers for 2011, while better reliability and enhanced resale values helped Ford improve the most since last year.
    3:00 pm on February 28, 2011
     
  • A new air-conditioning refrigerant can now be used in new cars and light trucks, the EPA said today. Use of the new refrigerant can help automakers meet the EPA's recent standards for reducing greenhouse gas emissions, the agency's statement said.
    2:32 pm on February 28, 2011