| 7/29/2010 - | Obama: We'll get back money from auto bailout (AP)
AP - President Barack Obama said the government will recover all the taxpayer money his administration provided to bail out the auto industry last year.
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| 7/29/2010 - | UAW head: GM to file paperwork in August for IPO (AP)
AP - General Motors Co. will file paperwork in mid-August to start the process of selling stock to the public, the head of the United Auto Workers union said Thursday. |
| 7/29/2010 - | White House: car bailouts saved a million jobs (AFP)
AFP - The White House on Thursday said its multi-billion dollar auto industry bailout had saved a million jobs and brought the fabled sector back from the brink of collapse.
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| 7/29/2010 - | Toyota recalls 412,000 cars in US to fix steering (AP)
AP - Toyota is recalling nearly half a million cars, most of them large sedans sold in the U.S., for problems that can cause the steering wheel to lock up. It's the latest indication that the automaker is still struggling with vehicle problems even as it works to overhaul quality control.
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| 7/29/2010 - | Summary Box: Palladium rises on auto sales gain (AP)
AP - PALLADIUM MARCH: Palladium settled higher Thursday after a parade of automakers reported stronger second-quarter sales. Palladium is used in automobile catalytic converters. |
| 7/29/2010 - | Palladium prices jump on strong auto sales news (AP)
AP - Palladium prices marched higher Thursday after a parade of automakers reported stronger sales. |
| 7/29/2010 - | Stronger sales, weaker euro good news for VW (AFP)
AFP - Volkswagen, Europe's biggest automaker, benefited from strong sales and favourable exchange rates as it posted Thursday a second quarter profit more than four times the previous year's figure.
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| 7/29/2010 - | Federal-Mogul 2Q profit jumps; revenue up 23 pct. (AP)
AP - Vehicle parts maker Federal-Mogul Corp. reported a $49 million profit for the second quarter on Thursday as the company capitalized on its global restructuring while the auto industry continued to recover from the recession. |
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