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GM's 2025 platform plan: Simplify and seek to save billions

It could be a defining element of Chief Executive Mary Barra's legacy at General Motors Co (GM.N): A drastic shift over the next 10 years from 26 global vehicle production platforms to just four by 2025, a bold stroke that could eventually save the U.S. automaker many billions of dollars in production costs.

Oct 03, 2014 11:34 AM EDT

Markets

Bentley joins ultra-luxury fast lane with Mulsanne Speed

Bentley, the venerable British carmaker known for comfort and style, is moving into the fast lane of ultra-luxury cars with a new version of its flagship saloon, aiming to grab a bigger slice of a market tipped to double in size by 2018.

World

Searching for new supercar, Bugatti shielded from VW cost curbs

Volkswagen (VOWG_p.DE) keeps lavishing money on supercar maker Bugatti, its most exclusive brand, even as the German group plans painful cuts in its core auto business.

News

GM recalls 524,384 cars and SUVs globally in two actions

General Motors Co said on Friday it is recalling 524,384 cars and sport utility vehicles globally in two actions dealing with potential latch and loose part issues.

Premium carmakers push standardized cars to boost profit

Premium carmakers Mercedes-Benz, Volvo and BMW are aiming to sell more standardized cars and services to boost profit margins and simplify the complex list of options for buyers -- while also giving them the choice of a bespoke car if they want.

Oct 03, 2014 11:11 AM EDT

How to choose the best rehab facility

This summer, I had the arduous and rushed task of picking a rehabilitation center for my dad, as post-operative complications left him too ill to return home at the time, yet the hospital was keen to discharge him.

Oct 02, 2014 12:36 PM EDT

Stern Advice: Should you tap your 401(k)to buy a house?

It makes sense, given the gains workers have seen in their retirement plans and in home prices in recent years, that they would consider tapping their 401(k) accounts to buy homes. And that is exactly what a growing number of workplace savers are doing, according to a new study from Fidelity Investments.

Oct 02, 2014 12:27 PM EDT

Giants sink Pirates in NL Wild Card playoff

A four-hit shutout by Madison Bumgarner and a grand slam by Brandon Crawford carried the San Francisco Giants to an 8-0 win over the Pittsburgh Pirates in the National League Wild Card playoff on Wednesday.

Oct 02, 2014 12:23 PM EDT

Comedy actor Adam Sandler signs four-film deal with Netflix

Netflix Inc said on Thursday that comedian and actor Adam Sandler has signed a deal to star in and produce four films that will be shown exclusively on the video-streaming service.

Oct 02, 2014 12:20 PM EDT

Islamic State presses assault on Syrian border town, Kurds warn Turkey

Islamic State insurgents tightened their grip on a Syrian border town on Thursday despite coalition air strikes, sending thousands more Kurdish refugees into Turkey and dragging Ankara deeper into the conflict.

Oct 02, 2014 12:16 PM EDT

Europe's carmakers walk tightrope between low cost and high spec

Carmakers are betting on style and recycling in the battle for Europe's burgeoning small car market, adding hi-tech safety and entertainment features while often using older vehicle underpinnings as a way to keep prices down.

Oct 02, 2014 12:11 PM EDT

Fiat needs more than the 500 to turn core brand around

While rivals roll out new models and concept cars, Fiat has little to show at the Paris auto show besides another variant of its retro-styled 500 compact car, in what is starting to look like a worrying trend for the carmaker's namesake brand.

Oct 02, 2014 12:05 PM EDT

Volkswagen's Seat says nearing profitability

Volkswagen's (VOWG_p.DE) Spanish division Seat is nearing profitability as new models boost sales and core European markets grow, Seat boss Juergen Stackmann said.

Oct 02, 2014 11:58 AM EDT

BMW, Mercedes standardize cars to help buyers and boost margins

Premium carmakers Mercedes-Benz and BMW are aiming to sell more standardized cars and services to boost profit margins and simplify the complex list of options for buyers -- while also given them the choice of a bespoke car if they want.

Oct 02, 2014 11:51 AM EDT

Daimler cuts car market forecast as Europe wobbles

German luxury automaker Daimler (DAIGn.DE) has cut its growth forecast for the global car market, blaming cooler demand in emerging markets and a plunge in Russian sales which has put a fledgling European industry recovery in jeopardy.

Oct 02, 2014 11:37 AM EDT

U.S. factory growth slows but hiring by companies steps up

Growth in U.S. factory activity slowed more than expected in September even as private sector job growth accelerated, signs of an uneven expansion in the U.S. economy.

Oct 01, 2014 12:12 PM EDT