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Mar
30th

KBB, Cars.com top third-party sites in satisfaction, J.D. Power says

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A J.D. Power study of third-party websites gave high marks to KBB.com and Cars.com. TrueCar slipped in the study's rankings.
Mar
30th

VW settles 10 U.S. state diesel claims for $157 million

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Volkswagen agreed to pay $157.45 million to settle environmental claims from 10 U.S. states over its excess diesel emissions, as the world's largest automaker looks to move past the scandal.
Mar
30th

Ford expanding Canadian R&D

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Ford, with financial help from provincial and federal governments, is expanding Canadian research and development presence with an additional C$500m spend.
Mar
30th

White House said to seek modest changes to NAFTA

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The Trump administration is seeking mainly limited changes to NAFTA, The Wall Street Journal reported, citing an administrative draft proposal circulated in Congress.
Mar
30th

Toyota in high-tech hunt for new ZEV materials

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Toyota is investing $35 million in a high-tech research program to identify advanced battery materials and fuel-cell catalysts for future zero-emission vehicles.
Mar
30th

Beijing Benz targets China’s top premium slot

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BAIC Motor Group, with subsidiaries Beijing Brand, Beijing Benz, Beijing Hyundai and Fujian Benz boosted combined 2016 sales 16.4% to 1.929m units.
Mar
30th

Fujitsu and VMware expand collaboration

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Fujitsu and VMware have announced expanded collaboration to combine the former's OTA reprogramming with the latter's IoT products for more efficient updates.
Mar
30th

ZF CEO sees further megamergers in auto supply industry

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The complexity of self-driving cars is forcing high-tech software and semiconductor companies to team up with auto suppliers and manufacturers, a dynamic that is likely to spur more takeovers and acquisitions going forward, ZF CEO Stefan Sommer said.
Mar
30th

Musk gets boost in China from Tencent’s 5% Tesla stake

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Tesla CEO Elon Musk just gained a massive and well-connected confidant to help him better crack China's auto market: Tencent Holdings Ltd.
Mar
30th

Toyota and others recall more Takata airbag cars

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Toyota and other automakers are recalling around 2.9m vehicles in Japan, China, Oceania and other regions as part of the wider Takata inflator-related recall ordered last year.
Mar
30th

VW, Ford and others helped in Russia by ruble’s rise

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Foreign automakers in Russia including VW, Ford and Renault-Nissan are benefiting from a stronger, more stable ruble, which is reducing their costs and supporting earnings.
Mar
30th

German supplier Bruss put up for sale, report says

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German supplier Bruss Sealing Systems has been put up for sale by its family owners in a potential 600 million-euro ($645 million) deal, a report said.
Mar
30th

Connected/autonomous vehicles will improve life quality – SMMT survey

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Connected and autonomous vehicles (CAVs) will transform the lives of six out of every 10 people in the UK, according to research by the Society of Motor Manufacturers and Traders (SMMT).
Mar
30th

ZF 2016 profits rise, debt falls on TRW acquisition

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ZF expects an operating margin of more than 6 percent and sales of 36 billion euros ($38.65 billion) this year as it absorbs the acquisition of TRW. Last year, sales rose 21 percent to 35 billion euros, corresponding to a 6.4 percent margin.
Mar
30th

Government eyes autonomous vehicle excellence cluster

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The UK government wants to see a 'cluster of excellence' along the London to Birmingham M40 motorway corridor - companies developing technology to support connected and autonomous vehicles (CAV).
Mar
30th

Hyundai seeks to renew fuel cell push with long-range SUV

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Hyundai, the first automaker to mass-produce fuel cell vehicles, plans to unveil a new hydrogen-powered SUV next year with a longer driving range than rival offerings by Toyota and Honda as it attempts to reclaim leadership in the field.
Mar
30th

ZF takes stake in radar specialist

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ZF Friedrichshafen announced it had acquired around 45% of the shares in Astyx Communication & Sensors.
Mar
30th

ZF boosts profits, reduces TRW-related debt

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ZF Friedrichshafen announced on Thursday it had "closed the 2016 fiscal year with a clear rise in profits and a strong improvement in cash flow".
Mar
30th

Skoda previews self-driving, EV tech with Vision E concept

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Skoda will present self-driving and electric drivetrain technologies with the Vision E concept that the brand will debut at the Shanghai auto show next month. The concept previews a production model due in 2020.
Mar
30th

ZF acquires stake in German radar sensing tech firm

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ZF Friedrichshafen has acquired a 45 percent stake in Astyx Communication and Sensors, which develops and produces ultra-high-frequency radar sensors and modules.
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