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German, Japanese carmakers cash in on Korea-U.S. trade deal: data

By Hyunjoo Jin SEOUL (Reuters) - Japanese and German automakers are benefiting more than their U.S. peers from a free trade deal between Washington and Seoul, according to import figures suggesting U.S. brands are not reaping the rewards they may have expected from the pact. U.S. automakers are battling a perception that they lag German peers in fuel efficiency just when sales figures show South Korean consumers are developing a particular taste for diesel-powered models, the German brands' mainstay.

Toyota recalls almost 6.4 million vehicles

Tokyo, Apr 9 (EFE).- Toyota Motor Corporation, the world's leading automaker, issued on Wednesday one of the largest recalls in its history, a move affecting 6.39 million vehicles and 27 different models worldwide, to correct problems with the steering, airbag and the seats. The recall order - apart from the economic cost of it, which is still unknown - is a new blow to the image of a manufacturer that gained fame for its "Toyota Method," known for putting the accent on "continuous improvement."

Toyota recalls almost 6.4 million vehicles

Tokyo, Apr 9 (EFE).- Toyota Motor Corporation, the world's leading automaker, issued on Wednesday one of the largest recalls in its history, a move affecting 6.39 million vehicles and 27 different models worldwide, to correct problems with the steering, airbag and the seats. The recall order - apart from the economic cost of it, which is still unknown - is a new blow to the image of a manufacturer that gained fame for its "Toyota Method," known for putting the accent on "continuous improvement."

Toyota to recall nearly 6.5 million vehicles for steering, other faults

By Chang-Ran Kim TOKYO (Reuters) - Toyota Motor Corp, in its second-largest recall announcement, said on Wednesday that it would call back 6.39 million vehicles globally after uncovering five different faults involving parts ranging from steering to seats. The world's biggest automaker said it was not aware of any crashes or injuries caused by the glitches, which were found in 27 Toyota models including the RAV4 and Yaris subcompact.

Canadian auto sales nudge higher in March

By Susan Taylor TORONTO (Reuters) - Canadian auto sales inched just 0.2 percent higher in March from a year earlier, figures on Tuesday showed, but an independent auto industry analyst said the modest increase masked a solid performance during severe winter weather, especially in comparison with the record sales of March 2013. Canadian sales rose to 157,060 vehicles in March from 156,680 the year before, marking the second-best March on record, said Dennis DesRosiers of DesRosiers Automotive Consultants.

Light vehicle sales flat in March amid increase in truck sales and drop in cars

TORONTO - Light vehicle sales were flat for automakers overall in March, as an increase in light truck sales in Canada was offset by a drop in passenger cars. Total light vehicle sales for March amounted to 157,060, up from 156,680 in the year-ago period — an increase of 0.2 per cent, according to figures compiled by DesRosiers Automotive Consultants Inc. on Tuesday. Car sales fell 5.7 per cent to 66,209 in March from 70,205 sold in the same period last year, while truck sales were up 5.1 per cent to 90,851 from 86,475.

French, Spanish car sales rally, Chevrolet fades: trade data

French car sales picked up strongly in March after a grim year for the industry in 2013, but volumes remained low, trade data showed on Tuesday. The figures showed that French carmakers, including struggling Peugeot, did well, but that sales by General Motors fell heavily reflecting a contested decision to withdraw the Chevrolet brand. The number of vehicles sold rose by 8.9 percent from the level in March last year, against a background of a modest improvement of the state of the French economy, the committee of French automakers CCFA said.

Canada's Toyota workers poised to vote on joining union

By Susan Taylor and Solarina Ho TORONTO (Reuters) - Workers at Toyota Motor Corp's <7203.T> Canadian plants are set to vote next week on whether to become the first at wholly owned Toyota facilities in North America to unionize, a push Canada's biggest private-sector union is confident will succeed. A "yes" vote would mark a major victory for the union, Unifor, which has more than 300,000 members, including more than 39,000 in the auto industry, even though previous attempts to organize Toyota's Canadian plants failed.

Canada's Toyota workers poised to vote on joining union

By Susan Taylor and Solarina Ho TORONTO (Reuters) - Workers at Toyota Motor Corp's <7203.T> Canadian plants are set to vote next week on whether to become the first at wholly owned Toyota facilities in North America to unionize, a push Canada's biggest private-sector union is confident will succeed. A "yes" vote would mark a major victory for the union, Unifor, which has more than 300,000 members, including more than 39,000 in the auto industry, even though previous attempts to organize Toyota's Canadian plants failed.

Avtovaz reports net loss, new chief promises turnaround

The leading Russian carmaker Avtovaz reversed into a net loss last year because of a sales slump on the Russian market, the company reported on Friday. But the new chief executive said he was confident of turning the company round. Avtovaz, which is being absorbed by the French-Japanese group Renault-Nissan, turned in a net loss of 7.9 billion rubles (161 million euros/$221 million). That figure was a big switch from a net profit of 29.2 billion rubles in 2012.
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