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Hyundai Motor, Kia Motors aim to raise fuel economy by 25 percent by 2020

Hyundai Motor, Kia Motors aim to raise fuel economy by 25 percent by 2020

Hyundai Motor (005380.KS) and its affiliate Kia Motors (000270.KS) said on Thursday they aim to raise the average fuel economy of their vehicles by 25 percent by 2020 to meet emissions regulations in South Korea, the United States and Europe.

By Hyunjoo Jin; Editing by Kim Coghill

U.S. private sector creates 230,000 jobs in October: ADP

U.S. private sector creates 230,000 jobs in October: ADP

U.S. private employers added 230,000 jobs in October, the most since June and exceeding economists' expectations as mid-sized businesses added the most workers in more than seven years, a report by a payrolls processor showed on Wednesday.

By Dan Burns; Editing by Chizu Nomiyama

Daimler cuts car market forecast as Europe wobbles

Daimler opens Beijing R&D centre to tune Mercedes-Benz to Chinese tastes

Daimler AG (DAIGn.DE) has opened a research and development (R&D) centre in Beijing tasked with further tuning its Mercedes-Benz brand to wealthy Chinese tastes and closing the sales gap with Audi AG (NSUG.DE) and BMW AG (BMWG.DE).

By NORIHIKO SHIROUZU

Exclusive: Ford to overhaul Lincoln brand, this time with big bucks

Exclusive: Ford to overhaul Lincoln brand, this time with big bucks

Ford Motor Co's (F.N) new chief executive, Mark Fields, is giving the automaker's long-moribund Lincoln brand what his predecessor Alan Mulally never could: a little love and a lot of cash.

By PAUL LIENERT AND BERNIE WOODALL

Microsoft sales beat Street hopes, cloud profits up

Microsoft sales beat Street hopes, cloud profits up

Microsoft Corp (MSFT.O) reported higher-than-expected quarterly revenue, helped by stronger sales of its phones, Surface tablets and cloud-computing products for companies, while keeping its profit margins largely intact.

By BILL RIGBY

U.S. prosecutors probe Takata Corp over statements: WSJ

U.S. prosecutors probe Takata Corp over statements: WSJ

U.S. federal prosecutors are trying to determine whether Japanese auto parts maker Takata Corp (7312.T) misled U.S. regulators about the number of defective air bags it sold to automakers, including Toyota Motor Corp (7203.T) and Honda Motor Co Ltd (7267.T), The Wall Street Journal reported on Wednesday.

By Emily Flitter; Additional reporting by Ben Kalyman; Editing by Andre Grenon, Sandra Maler and Leslie Adler

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