Finance

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  • Newswire

    Philippines May Earmark $600 Million to Grow Auto Sector  

    The government subsidies are under discussion in a country where vehicle ownership is the lowest among Southeast Asia's five biggest economies....More
  • Newswire

    Panasonic Buying 49% Stake in Spanish Auto Parts Maker  

    The Japanese electronics giant says its "capital and business alliance" with Ficosa International will allow the companies to jointy develop high-tech automotive mirrors designed to enhance safety....More
  • Newswire

    GM Debt Upgraded by S&P  

    The credit-rating agency raised the automaker's corporate debt to BBB-, citing its improving financial status....More
  • Newswire

    Sources Say Panasonic May Invest in Auto-Parts Maker Ficosa  

    The Japanese electronics and consumer-goods giant reportedly may purchase a near-50% stake in the Spanish company, which specializes in driver-assistance systems....More
  • Newswire

    Yazaki Reaches $76 Million Settlement in U.S. Price-Fixing Case  

    The settlement with U.S. car buyers by the Japanese company is the largest to come out of an ongoing federal investigation of auto-parts price-fixing....More
  • Newswire

    RPT-REUTERS-SUMMIT-Russian car industry facing lacklustre two years -Ford's Russian venture  

    (Repeats story to include link to graphic) * For other news from Reuters Russia Investment Summit, click on http://www.reuters.com/summit/Russia14 * For a graphic, click on http://link.reuters.com/deb92w By Gleb Stolyarov and Maria Kiselyova MOSCOW, Sept 22 (Reuters) - Russia's auto market shows no signs of improving in the next two years having been hit by an economic slowdown and weak rouble, the head of Ford Motor Co's Russian venture told Reuters....More
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