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Oct
19th

A new kind of buy-sell player

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With the Bechtel family's majority purchase of Morrie's Automotive Group in Minneapolis, a new kind of buyer steps up in the dealership acquisition market: family offices -- firms set up to invest wealthy families' money.
Oct
19th

Prius greener, but will it be meaner?

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Toyota popped the hood of its next-generation Prius, detailing a litany of impressive high-tech upgrades to the flagship hybrid in everything from fuel economy to safety.
Oct
19th

Toyota shoots to be CO2-free; now comes the hard part

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Toyota has spelled out its bold plan to virtually wipe out deployment of traditional gasoline engines by 2050 in a bid to slash its corporate carbon footprint.
Oct
19th

Why is Honda so bullish about the Civic?

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Honda is bullish on the prospects for its forthcoming Civic lineup, even in the face of flat or declining car sales. Why? It's got a couple of aces up its sleeve.
Oct
18th

Range Rover Sport SVR – the fastest Land Rover yet

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Jaguar has been in the news this week with the first details of the F-TYPE SVR. We should get used to those initials, as they signify what you could term the super sport versions of JLR vehicles. Meanwhile, the first Land Rover to wear the badge is a phenomenal thing and it makes a noise like no other big SUV.
Oct
18th

VW offices in France raided by police in emissions probe

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Police carried out searches at Volkswagen offices in France as part of an investigation following revelations that the automaker rigged diesel emissions tests.
Oct
18th

Dust still unsettled for VW

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Volkswagen's U.S. dealers appreciate the cash relief they're getting from headquarters. What they need now are answers.
Oct
18th

GM plans to be pickier about vehicle segments

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Just as GM is getting choosier about which countries it competes in, it also plans closer scrutiny of the vehicle segments on which it places its bets, CEO Mary Barra says.
Oct
17th

Winterkorn steps down as CEO of Porsche Holding, VW’s biggest shareholder

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Volkswagen AG's former CEO, Martin Winterkorn, will step down from his post running Porsche Automobil Holding, VW's biggest shareholder, succumbing to pressure to cut his ties amid an investigation into cheating on emissions tests.
Oct
17th

Former VW CEO Winterkorn steps down as head of Porsche holding company

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Former Volkswagen CEO Martin Winterkorn is stepping down as head of Porsche Automobil Holding, the family-owned holding company that controls a majority stake in Volkswagen. Hans Dieter Poetsch, new VW chairman, will replace him.
Oct
17th

VW made several defeat devices to cheat emissions tests, report says

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Volkswagen made several versions of its "defeat device" software to rig diesel emissions tests, Reuters reported, potentially suggesting a complex deception by the automaker. VW altered its illegal software for four engine types, sources said.
Oct
17th

Volkswagen considers cutting temporary staff

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VW is considering a reduction in temporary workers as part of efforts to offset the cost of the emissions scandal. The outlook for sales and employment levels is unpredictable, the company said after reporting lower September deliveries.
Oct
17th

How digital prototyping is cutting development time and costs for new models

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Computer simulation for crash testing, aerodynamics and fuel economy is shaving years off of the time it takes to develop a new vehicle.
Oct
17th

Italian firm seeks to get more companies involved in autonomous car research

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ED Group, a small Italian engineering company, has created a styling model of a self-driving racecar that could allow a much larger mix of companies beyond large automakers, megasuppliers and tech giants to play a role in the creation of autonomous...
Oct
17th

BMW powers South Africa plant with manure

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BMW's plant in South Africa is helping the automaker edge toward a global target to supply all its production with renewable energy by getting some of its power from cow manure.
Oct
17th

With so many jobs to fill, automakers and dealers need to entice young people

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Automotive jobs are going begging, causing automakers, retailers and state governments to search for creative ways to attract young people to the industry. They need to. The U.S.
Oct
17th

Toyota tech keeps driver in seat with hands off wheel

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As shown by an impressive demonstration on a crowded Tokyo freeway, Toyota's vision for autonomous driving keeps customers always in the driver's seat even if their hands aren't always on the wheel.
Oct
16th

GM recalls 3,300 late-model pickups, SUVs for ignition-switch flaw

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GM is recalling about 3,300 late-model pickups and SUVs to fix an ignition switch that can slip out of the run position and cause the engine to stall, a problem that mirrors the deadly defect that led the company last year to recall 2.
Oct
16th

Lexus prices reskinned 2016 RX from $42,840

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Lexus quietly released its 2016 model year pricing on its full lineup this week, including the redesigned RX crossover and its first-ever trio of turbocharged cars.
Oct
16th

Ferrari IPO oversubscribed ahead of New York listing, report says

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Ferrari's initial public stock offering is oversubscribed throughout its price range as investor interest in the supercar maker outstrips the shares available, people familiar with the matter told Bloomberg.
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