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BMW Chief Sees Rough Road Ahead for Successor  

Norbert Reithofer says at the Geneva Auto Show that current BMW production chief Harald Krueger will be challenged by continued development of electric cars and new technologies such as automated driving from companies with no car-building experience....More
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CEO Marchionne Says FCA Could Shed More Than 10% of Ferrari  

The Fiat Chrysler Automobiles chief cites high demand for Ferraris in the automaker's deliberations over how big a stake in the luxury brand it should sell in a planned initial public offering....More
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BRIEF-Nissan Motor says us February sales up 2.7 percent to 118,436 vehicles  

DETROIT, March 3 (Reuters) - Nissan Motor Co Ltd : * Says U.S. February sales up 2.7 percent to 118,436 vehicles...More
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BRIEF-FCA US LLC reports Feb U.S. sales of 163,586 units  

March 3 (Reuters) - FCA US LLC: * FCA US LLC reported Feb U.S. sales of 163,586 units, a 6 percent increase compared with sales in Feb 2014 * FCA US LLC says finished the month of February with an 85-day supply of inventory * FCA US sees 16.5 mln U.S. February auto sales, not including medium and heavy-trucks, below analysts' expectations Source text for Eikon: Further company coverage:...More
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UPDATE 1-Fiat Chrysler U.S. Feb sales dampen expectations for industry  

(Adds details) DETROIT, March 3 (Reuters) - Fiat Chrysler Automobiles on Tuesday reported that U.S. February sales rose 6 percent, which missed analysts' expectations and put into question the bullish outlook for monthly industry sales. Fiat Chrysler's U.S. arm said it expects the auto industry to record seasonally adjusted annualized sales of 16.5 million vehicles for February, which does not include medium and heavy trucks. This would widely miss estimates. Most major automakers will report sales later on Tuesday....More
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Fiat Chrysler U.S. February sales dampen expectations for industry  

DETROIT, March 3 (Reuters) - Fiat Chrysler Automobiles reported that U.S. February sales rose 6 percent, which missed analysts' expectations and put into question the bullish outlook for monthly industry sales. Fiat Chrysler's U.S. arm said it expects the auto industry to record seasonally adjusted annualized sales of 16.5 million vehicles for February, which does not include medium and heavy trucks. This would widely miss estimates. (Reporting by Bernie Woodall; Editing by Jeffrey Benkoe)...More
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US STOCKS-Futures dip after Dow, S&P records and Nasdaq 5,000  

* Auto sales expected throughout session * Best Buy climbs in premarket after results * Citigroup to sell OneMain Financial to Springleaf Holdings * Futures off: Dow 17 pts, S&P 2.75 pts, Nasdaq 3.75 pts By Chuck Mikolajczak NEW YORK, March 3 (Reuters) - U.S. stock index futures edged lower on Tuesday, after the Dow and S&P marched to new record highs and the Nasdaq topped the 5,000 mark for the first time in 15 years....More
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UPDATE 1-Fiat Chrysler considers Netherlands holding company for Ferrari-CEO  

(Adds details, quotes) GENEVA, March 3 (Reuters) - Fiat Chrysler Automobiles may create a Netherlands-based holding company controlling Ferrari when it spins off the luxury carmaker later this year, FCA Chief Executive Sergio Marchionne said on Tuesday. Speaking at the Geneva auto show, Marchionne stressed the move would not be for tax reasons, but is meant to facilitate Ferrari's planned listing in the United States....More
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UPDATE 1-Volvo selling up to $300 mln worth of Eicher Motors shares  

(Adds background, details) MUMBAI/STOCKHOLM, March 3 (Reuters) - Truck maker Volvo is looking to sell $250 million worth of shares in India's Eicher Motors, with an option to increase the sale to up to $300 million, according to a term sheet seen by Reuters on Tuesday. The share sale is happening at an indicative range of between 14,636 and 15,907 rupees per share, according to the document. A Volvo spokeswoman in Stockholm declined to comment....More
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Audi Reconnecting With Electric Sports-Car Development  

The R8 e-tron unveiled at the Geneva Auto Show marks the luxury brand's revived interest in high-end electric vehicles such as those being marketed by Tesla and German rival BMW....More
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