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A study of labor costs among foreign automakers in the US shows a ten-dollar gap between the per-hour rates of the domestics and the imports. The difference between the Detroit 3 and their import competition equates to $250 more in labor costs per car for the domestics.

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2014 was a good year for Ford's Mark Fields, who nearly doubled his earnings compared to 2013. Hourly workers, meanwhile, saw $6,900 from profit sharing.

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Indian automaker Mahindra is reportedly close to finalizing a deal to buy the famous Italian design house Pininfarina. The two sides have been negotiating the deal for weeks, anonymous insiders indicated.

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The UAW is preparing its negotiation position with carmakers later this year. Its primary objective will be the elimination of the two-tier wage system created in 2007 to help the automakers through bankruptcy, but that position "is a non-starter" for the car companies.

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The Department of Transportation is fining Graco $10 million for delaying its recall of 6.1 million car seats last year. The safety campaign began because latches on some of the company's products could be very difficult to unfasten, which could put children in danger.

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Or It Could Get Cut In Half

In a entertaining video, Morgan Stanley explains why Tesla Motors could be the world's most important car company and says its stock price could multiply by ten. It could also possibly get cut in half.

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Former test driver Giedo van der Garde and Sauber have settled their legal battle out of court, bringing an end to the drawn-out affair... and more than likely his entire F1 career.

Want Cheap Insurance? Consider A Jeep.

Some cars cost more to insure than others, and you'll be surprised at which car has the cheapest insurance in the US. See the ten cheapest to insure here.

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Pickup truck lease rates are booming right along with the segment. As of 2014, 14 percent of trucks were leased, compared to under three percent in 2010.

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The struggling Manor Marussia F1 team came all the way to the Australian Grand Prix, but didn't make it out onto the track even once all weekend. And now Bernie Ecclestone says they'll have to pay for shipping both ways.

Sales Of Brutish Utility Vehicles Rise As Gas Prices Fall

Big SUVs are selling in huge numbers in the US in 2015, thanks in part to low gas prices. See the top five best-selling fullsize luxury SUVs in the US here.

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Plus: Jeremy Clarkson Is Out, Kurt Busch Is Back In And GM Fends Off Activist Investors

We curate the week's events with a focus on manufacturing investments in North America by Mercedes, Volkswagen and others. Plus, news and notes from around the car world.

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An editorial in the Harvard Business Review heavily criticizes GM for bowing to a group of activist investors and buying back $8 billion in stock. The piece rails against the idea of these buybacks in general.

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Berkshire Hathaway has officially taken over the Van Tuyl Group of automobile dealers across the South and Midwest, putting Warren Buffett in charge of the nation's fifth-largest chain of dealerships.

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Low-volume models like the Beetle and the three-door Polo could be axed as Volkswagen tries to trim its overhead costs, according to the latest reports from Germany.

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General Motors is agreeing to a $5 billion stock buy-back and other provisions in exchange for Harry J. Wilson not running for a seat on its board. The compromise ends an attempt by activist investors to return even more money to shareholders.

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Goodyear is paying a fine of over $16 million to the Securities and Exchange Commission without admitting or denying wrongdoing for bribery in Kenya and Angola. Subsidiaries there allegedly paid for tire business and hid the money as legitimate expenses.

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Automakers can bring in some serious money from licensing out their names. It can also keep a defunct brand in the public eye.

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Due to the weak value of the yen, Toyota is on track to have four times the per-vehicle profit of its US competitors, The Detroit News reports. Some allege currency manipulation gives the automaker an edge.

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The value of outstanding auto loans reached $886 billion in 2014, which was an all-time record, according to Experian.

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The team formerly known as Marussia may not be down for the count just yet, as it emerges from bankruptcy and works to get its 2015 chassis ready for a mid-season debut under Ferrari power.

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