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Jul
11th

Germans want VW to face profit-related fine

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German prosecutors are demanding Volkswagen face a fine based on the level of the profits the carmaker made from selling 11m vehicles equipped with manipulated engine software, newspaper Sueddeutsche Zeitung said.
Jul
11th

Visteon acquires AllGo Embedded Systems

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Visteon has completed the acquisition of AllGo Embedded Systems, an India-based supplier of multimedia and smartphone connectivity software solutions to the global automotive industry.
Jul
11th

German prosecutors seek profit-based fine from VW over diesel scandal

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German prosecutors say they will grant VW no mitigation for a record vehicle-emissions settlement it faces in the U.S.
Jul
11th

Constellium to open Mexico aluminium facility

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Constellium is to open a new manufacturing facility in Mexico to produce aluminium automotive structural components.
Jul
11th

Toyota trials hydrogen cars in Australia

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In a bid to raise awareness of future technology, Toyota has secured three fuel cell vehicles to use exclusively in Australia for the next three years.
Jul
11th

PSA signs new agreement with five unions

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PSA Group has signed a new 'momentum for growth' performance agreement with five of the group's six trade unions: CFE/CGC, CFTC, CFDT, FO and GSEA.
Jul
11th

Volvo keeps Indian assembly on hold

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Volvo Cars is keeping plans for local assembly in India on hold because current sales volumes are not high enough to justify the cost of a plant.
Jul
11th

BMW i3 sales boosted by German EV subsidies, report says

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BMW has recorded rising sales of the latest version of its electric car, the i3, following Germany's decision to offer EV subsidies, a weekly German newspaper reported.
Jul
11th

Isuzu to build pickup trucks for Mazda, ending Ford collaboration

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Isuzu is to build Mazda's next generation pickup truck on an OEM basis, ending a collaboration with Ford that dates back to the late 1970s.
Jul
11th

Vietnam market expands by 26% in June

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New vehicle sales in Vietnam increased by 26.5% to 21,861 units in June, from 17,283 units a year ago, according to data released by the Vietnam Automotive Manufacturers Association (VAMA).
Jul
11th

Honda begins Acura production in China

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Honda Motor began production of its premium-branded Acura vehicles in China for the first time last week.
Jul
11th

Badge of Honor: Jeep’s heroic 75-year campaign

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Jeep - a vehicle forged in the crucible of war that grew into one of one of the world's most recognized brands - is celebrating its 75th anniversary this week. The birth of Jeep is a complicated story that is subject to many interpretations.
Jul
11th

Impact of VW deal depends on diesel fix

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How dealers fare under Volkswagen's $10 billion-plus buyback program depends heavily on whether the company is able to develop an emissions fix that can win regulatory approval.
Jul
11th

VW yet to ask EPA for sales OK

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An EPA official said Volkswagen hasn't applied for the agency approvals needed to resume sales of new diesel-powered vehicles.
Jul
11th

Long loans can help make case for F&I products

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One dealership perk to long-term car loans? There's more opportunity to convince customers that they need FandI products.
Jul
11th

Lyft matures, but still has fun

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Gina Ma, Lyft's director of marketing strategy and operations, said the tenor of its new campaign reflects a still-young company that emphasizes the connection between passenger and driver, more than the efficiency of point-to-point transportation,...
Jul
11th

Google shift has dealers friending Facebook

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Facebook, which has a trove of data on its users to back up a growing portfolio of marketing services, is becoming a prime marketing vehicle for savvy auto dealers to reach low-funnel shoppers, especially in the wake of changes in how Google...
Jul
11th

Renault-Nissan cost cuts ahead of schedule

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Nissan and Renault are running a year ahead of schedule cutting global costs through operating synergies. Nissan's proposed move on Mitsubishi could mean an even bigger savings target.
Jul
11th

Infiniti tops survey on satisfaction among sales prospects

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Infiniti stores outperformed all brands in an annual study on building rapport and satisfaction among potential car buyers. The 2016 Pied Piper Prospect Satisfaction Index is based on the treatment of mystery shoppers who visited 6,157 U.S. stores.
Jul
11th

F-150 sales undented by Chevy attack ad

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The Chevy Silverado gained market share after running ads attacking the Ford F-150 pickup as too flimsy. But so did the F-150.
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