The FINANCIAL — General Motors and Honda announced that they had signed a non-binding memorandum of understanding following extensive preliminary discussions toward establishing a North American automotive alliance. The scope of the proposed alliance includes a range of vehicles to be sold under
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Ford Motor Co has told it was recalling about 26 000 cars in North America due to safety issues. For some of the cars airbag system may not perform as intended in some circumstances. Other affected vehicles were built without certain thermal protection components
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