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Oct
10th

BMW, Hyundai top new Power study on user-friendly tech

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BMW and Hyundai both earned top marks on technology usability in a new report out by J.D. Power, signifying that luxury and mass-market vehicles can do equally well satisfying customers with new technology.
Oct
10th

France’s Mecaplast agrees to acquire Key Plastics

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French auto supplier Mecaplast Group plans to acquire Key Plastics LLC in a bid to expand its global presence. Financial terms of the agreement were not disclosed. The deal is subject to regulatory approval.
Oct
10th

VW CEO did not know about emissions test cheating – reports

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A top Volkswagen executive did not know about diesel engine emissions test-cheating at the automaker, according to media reports.
Oct
10th

Renault’s bailout of Lada raises bet on Russia

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Renault is poised to raise its bet on Russia by funding most or all of a 1.2 billion euro recapitalization for troubled AvtoVAZ, maker of the country's top-selling brand, Lada.
Oct
10th

Renault set to increase AvtoVAZ stake to 70% in bailout of Lada maker

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Renault is set to increase its stake in Lada maker AvtoVAZ to more than 70 percent by funding most or all of a 1.2 billion euro recapitalization for the Russian automaker.
Oct
10th

Musk says Tesla, SolarCity need not raise cash this year

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Tesla Motors and SolarCity don't need to raise cash this quarter as the two companies prepare for a merger, billionaire Elon Musk said.
Oct
10th

Renault Romania unit receives EU funding

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Renault Technologie Roumanie, a Romanian subsidiary of Renault, has received EU funds in Romania to develop virtual reality systems and to test physical components in the simulated virtual environment, according to a local media report.
Oct
10th

Schaeffler develops digitalisation strategy with IBM

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Supplier Schaeffler said it was working with IBM to create a digital platform for processing large amounts of data, "generating valuable insight to transform" operations.
Oct
10th

Kia boosts Interbrand brand value and ranking

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The global value of the Kia Motors brand grew 12% over the last year, according to Interbrand's 100 'Best Global Brands.'
Oct
10th

VW resumes Brazil production after seat supplier spat

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After 30 days of completely halted production at its three car manufacturing plants and one engine facility, due to a shortage of seats previously supplied by Prevent Group-owned Keiper, Volkswagen Brazil announced it had been gradually restoring production, starting in the second half of September.
Oct
10th

Ford ends Australia vehicle production

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Ford brought the shutters down on its Broadmeadows vehicle plant in Australia's Victoria state after the last Falcon model left the assembly line on Friday.
Oct
10th

Nexteer delivers milestone power steering system

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Nexteer Automotive has now made 40m electric power steering (EPS) systems.
Oct
10th

Delphi chief hails U.S. autonomous rules

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Safety system maker Delphi sees a breakthrough in U.S. technology work, now that the feds have proposed testing rules, says CEO Kevin Clark.
Oct
10th

Can’t get to Chicago? Watch the Best Dealerships via livestream

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The entire Best Dealerships To Work For program will be livestreamed and available for viewing at no charge, in real time.
Oct
10th

VW relief package: It’s something

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It's hard to tell whether VW's $1.21 billion compensation plan will make dealers whole. But retailers say the compensation represents a much-needed boost as they labor to move beyond the crisis.
Oct
10th

Samuelsson: Volvo won’t rest on its laurels

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Hakan Samuelsson is leading a company where things are arguably going very, very well. Volvo Cars' year-on-year global sales have increased 16 months in a row. That's driven largely by the XC90.
Oct
10th

Dealers deliver mandate to Cadillac

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Virtually all of Cadillac's 925 U.S. dealerships signed up for its Project Pinnacle incentive program, giving brand chief Johan de Nysschen a strong mandate to proceed even as significant opposition lingers under the surface.
Oct
10th

Trump ego has ‘gone screw-loose,’ Iacocca said in 1991 interview

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In a 1991 interview with Playboy magazine, then-Chrysler Corp. CEO Lee Iacocca was asked about Donald Trump, already a wildly famous real estate deal-maker and best-selling author.
Oct
10th

As demand eases, ‘the gloves come off’

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The U.S. industry's good times are by no means over, but the end of a six-year growth streak promises to test executives' competitive nature and incentive-spending discipline.
Oct
10th

Do people really want to buy cars online?

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A new report shows dealers may be overestimating how strong consumer demand for completing vehicle purchases fully online really is.
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