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Continental AG CEO says Audi recall no threat to guidance

Continental AG CEO says Audi recall no threat to guidance

Continental (CONG.DE) said a fault with airbags installed at premium sportscar maker Audi could cost a double-digit million euro amount to fix, a sum which the German automotive supplier could absorb without revising its earnings guidance.

By Irene Preisinger; Writing by Edward Taylor; Editing by Maria Sheahan

Ford rejects push for investment in Ontario plants: union

Ford rejects push for investment in Ontario plants: union

Ford Motor Co has rejected a pitch to make a new investment in its Windsor, Ontario, plants and decided to put the money in Mexico as the company originally planned, the head of Canada's main auto workers' union said on Friday.

By SUSAN TAYLOR

GM posts higher-than-expected profit on strong North American demand

GM posts higher-than-expected profit on strong North American demand

General Motors Co (GM.N) on Thursday reported a higher-than-expected profit in the third quarter on strong demand for its redesigned full-size pickup trucks in North America.

By BEN KLAYMAN AND BERNIE WOODALL

Nissan recalling 260,000 vehicles globally with Takata air bags

Nissan recalling 260,000 vehicles globally with Takata air bags

Nissan Motor Co said on Thursday it is recalling 260,000 vehicles globally due to a defect in driver-side air bags made by Takata Corp.

By Maki Shiraki; Writing by William Mallard; Editing by Ryan Woo

U.S. regulator expands warning over Takata air bags, more lawsuits filed

U.S. regulator expands warning over Takata air bags, more lawsuits filed

The problems for Japanese auto parts maker Takata Corp (7312.T) grew after U.S. safety regulators expanded a warning about faulty air bags to 6.1 million vehicles in the United States while two more lawsuits have been filed over accidents in older Honda cars.

By BEN KLAYMAN

U.S. to scrap trade deal on Russian steel duties

U.S. to scrap trade deal on Russian steel duties

The U.S. Department of Commerce will terminate a 15-year-old deal sheltering Russian flat-rolled steel producers from high import duties, it said in a letter to Russian authorities.

By Krista Hughes in Washington, DC, Andrey Kuzmin in Moscow and James Kelleher in Chicago Editing by W Simon, J Benkoe, Marguerita Choy and David Gregorio

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