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Jan
26th

VW’s compliance head quit after being sidelined in emissions scandal, report says

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Volkswagen Group's compliance chief, Christine Hohmann-Dennhardt, who has quit the automaker, was sidelined as the automaker negotiated with U.S. authorities to resolve its emissions scandal, sources told Reuters.
Jan
26th

Takata says it opposes court-led restructuring

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Shares in embattled supplier Takata surged for a second day in a row on Thursday, after the airbag maker this week said it was against pursuing a court-ordered turnaround.
Jan
26th

Ford posts Q4 net loss on accounting shift; operating profit slips

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After posting a fourth-quarter net loss mainly because of accounting changes, Ford finished 2016 with a $10.4 billion pre-tax profit, down slightly from record results in 2015. Ford's fourth-quarter pre-tax profit was $2.1 billion, down $500 million.
Jan
26th

Toyota’s red wall tested as Trump demands more U.S. plants, jobs

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The $10 billion question for Toyota -- it's vowed to invest that amount in the U.S. over the next five years -- is whether all the roots it's put down in America will be enough to mollify President Trump and his pledge to boost U.S.
Jan
26th

FCA Q4 adjusted earnings rise 1%; company pledges to cut debt nearly in half

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Fiat Chrysler Automobiles said its fourth-quarter earnings before interest and taxes rose 1 percent to 1.5 billion euros ($1.7 billion) Revenue during the quarter also gained 1 percent to 29.7 billion euros ($31.9 billion).
Jan
26th

Kia drafts Trump contingency plan

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Kia is drawing up a contingency plan to cope with the policies of U.S. President Donald Trump, reflecting growing wariness by Asian exporters about the prospect of U.S. protectionism.
Jan
26th

Audi workers strike at Hungary engine plant

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Workers at Audi's engine plant in Hungary stopped work in a protest over pay. The warning strike affected workers at the engine plant, but not those at the car assembly factory where A3 and TT cars are built.
Jan
26th

UK production hits 17-year high but investment tumbles

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UK car production reached a 17-year high last year, but the country's vote to leave the EU contributed to a 33 percent drop in investment in the sector, the SMMT industry association said.
Jan
26th

Kia will launch small SUV this year

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Kia will debut a subcompact SUV later this year as the automaker bids to enter a booming segment and challenge models such as the Nissan Juke.
Jan
26th

Jaguar Land Rover appoints Wittemann as China sales chief

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Jaguar Land Rover has assigned Frank Wittemann, chief of its operations in Latin America, to lead its sales in China.
Jan
26th

German automakers warn against U.S. trade curbs

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German automakers warned that the United States would suffer significant economic damage from imposing trade curbs, after President Donald Trump put renewed pressure on U.S. carmakers to build more vehicles at home.
Jan
25th

EPA’s Grundler: VW emissions violations, fines a deterrent to auto industry

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The massive fines paid by Volkswagen and criminal indictment of seven company executives have become a "very strong deterrent" to cheating by other automakers, the EPA's director of transportation and air quality says.
Jan
25th

LotLinx launches cloud-based marketing tool

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LotLinx, a digital marketing company that enables stores to tailor VIN-specific campaigns to drive traffic to certain vehicles in need of online attention, is making its tools available in a cloud-based platform for the first time.
Jan
25th

Canada, U.S. auto industry coordinating on Trump response

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Automakers and suppliers on both sides of the Canada-U.S. border are meeting state and provincial governments to coordinate a response to President Donald Trump as he pushes far-reaching changes to a trade deal that's crucial to the industry.
Jan
25th

Kia prices 2017 Niro hybrid from $23,785

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Kia's new hybrid crossover now has a base price -- $23,785. The Niro is going on sale as demand for alternative-powered vehicles slumps in the U.S.
Jan
25th

Ford Mustang gets low safety rating in Europe

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Ford will add automatic emergency braking to Mustang cars sold in Europe after the model received two stars out of a maximum of five from the Euro NCAP safety organization.
Jan
25th

At 216 mph Ford GT is fastest car ever under the Blue Oval

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The full spec sheet for the Ford GT is out, and the newest American supercar will be the fastest vehicle to wear a Ford badge.
Jan
25th

New York prosecutor drops charges against Fiat heir Lapo Elkann

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New York prosecutors have dropped charges that Lapo Elkann, grandson of late Fiat patriarch Gianni Agnelli, falsely reported that he had been kidnapped in an effort to get ransom money.
Jan
25th

Abe has a Trump problem: How to get Japan to buy U.S. cars

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As Japan races to preserve trade ties with the United States after President Donald Trump withdrew from a Pacific trade pact, Prime Minister Shinzo Abe faces a dilemma that has plagued Japanese leaders since the 1980s: How to convince his citizens...
Jan
25th

Wal-Mart says auto retailing venture won’t sell cars directly

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Wal-Mart's venture into auto retailing won't involve selling cars directly, nor will it partner directly with dealers.
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