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May
26th

Nissan and Northern Powergrid team on EV MoU

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UK energy provider, Northern Powergrid and Nissan have inked an (MOU) to look at how electric vehicles (EV), batteries and other technologies can support energy networks during the next six years.
May
26th

Tesla’s Model X missing out on America’s voracious hunger for SUVs, crossovers

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While Tesla's Model S has been a hit and thousands lined up to order the upcoming Model 3 sedan, the Model X crossover hasn't met the CEO's expectations.
May
26th

GSR nears $1 billion deal for Nissan battery venture, report says

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GSR Capital, a Chinese private equity firm, is nearing a deal to acquire control of a Nissan's rechargeable battery unit for about $1 billion, Bloomberg reported. The venture makes the lithium ion cells for the automaker's Leaf electric car.
May
26th

Serbia PM marks Kragujevac Fiat 500L production start

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Serbia's Prime Minister has attended the ceremony marking production start of the new Fiat 500L in Kragujevac.
May
26th

Prosecutors confirm Bosch is under suspicion in Daimler emissions probe

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German prosecutors confirmed they are investigating whether Bosch employees were involved in an alleged fraud at Daimler to manipulate emission tests on diesel cars.
May
26th

Volvo S60 Polestar claims ‘secret’ Nurburgring record

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News 26 May, 2017

Tweaked Volvo S60 Polestar saloon clocked in a record breaking - but since broken - four-door Nurburgring lap last year

May
26th

Tenneco supplies MTV suspension technology for Peugeot 3008 SUV

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Tenneco has announced that its Multi-Tuned Valve (MTV) suspension technology is featured on the new Peugeot 3008 SUV, which was named 2017 European Car of the Year during the Geneva Motor Show in Switzerland earlier this year.
May
26th

Electric cars will become cheaper than gasoline models within a decade

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Battery powered cars will soon be cheaper to buy than conventional gasoline ones, offering immediate savings to drivers, new research shows.
May
26th

Brazilian auto parts manufacturers search creatively for finance

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After three years of successive slumps in its sales, the Brazilian auto parts industry underwent a fast capital reduction process which is now causing some manufacturers liquidity problems.
May
26th

EVs seen as cheaper than gasoline models within a decade

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Electric cars will soon be cheaper to buy than conventional gasoline ones, new research shows. Batteries currently account for about half the cost of EVs, and their prices will fall by about 77 percent between 2016 and 2030, a Bloomberg study says.
May
26th

Trump blasts German automakers’ U.S. sales and threatens barriers

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President Trump criticized German automakers for selling too many vehicles in the U.S. in a meeting with EU officials, Der Spiegel said. "We're going to stop that," he was quoted as saying by the magazine.
May
26th

Gestamp opens Auburn Hills R&D centre

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Gestamp is opening a new R&D centre in Auburn Hills, Michigan today (26 May), housing robotic prototype assembly cells, a laser cell, a durability performance test lab and complementary metallurgical and metrology labs.
May
26th

Christian Kullmann assumes helm of Evonik

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Christian Kullmann has replaced Klaus Engel as CEO after a shareholders meeting in Essen, Germany, which approved a dividend payment of EUR1.15 (US$1.30).
May
26th

Ford’s new Europe boss says region is ‘in good shape’

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Ford of Europe's new president, Steven Armstrong, believes the automaker is in great shape and has the right products for the region after undergoing major restructuring. The automaker posted a record $1.2 billion pre-tax profit in Europe last year.
May
26th

VW faces emissions-cheating damages claim in Italy

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An Italian court will hear a class action suit for damages against VW Group over its diesel-emissions cheating. The suit was filed on behalf of consumers from all of the group's affected brands, including Audi, Skoda, Seat and the core VW unit.
May
26th

Renault names new boss for India, Africa and Middle East

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Renault named Fabrice Cambolive as head of the automaker's operations in Africa, the Middle East and India, replacing Bernard Cambier, who has held the post since 2014.
May
26th

VW’s clean vehicle push has shortcomings, Calif. says

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California regulators say VW's spending plan on clean vehicle infrastructure has shortcomings and lacks details on how the program, Electrify America, will help disadvantaged communities as well as promote hydrogen fuel cells.
May
25th

Off-lease vehicles could send U.S. sales tumbling, analyst warns

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An incoming "tsunami" of off-lease vehicles could send annual U.S. new-vehicle sales tumbling as low as 13 million by 2021, according to one Wall Street analyst.
May
25th

Ex-Toyota exec Julie Hamp working as adviser to PR firm

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Julie Hamp, who left Toyota following an arrest for suspicion of violating Japan's drug laws, is working for global public relations firm Finsbury.
May
25th

BMW eyes global luxury crown again with 8-series concept

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BMW unveiled a concept of its revived 8 series that will become a new flagship coupe and try to help it supplant German rival Mercedes-Benz for leadership in luxury vehicle sales worldwide.
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