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Demand for new light commercial vehicles (LCVs) increased in October, according to data compiled by the Society of Motor Manufacturers and Traders (SMMT).
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Nov
7th
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Hyundai agreed to invest an additional $250 million into Grab Holdings and sell a fleet of electric vehicles to the Singapore-based ride-hailing company as the automaker expands in mobility services.
Nov
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Loan and lease originations at Santander Consumer USA's Chrysler Capital unit climbed in the third quarter as talks continue with Fiat Chrysler Automobiles about the automaker's plan to form its own finance arm.
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UK union, Unite says it was a "complete and utter shock" to hear news this week [6 November) Michelin planned to shutter its Dundee plant in Scotland, insisting the tyre supplier was aware of the labour body's job safeguard plan.
Nov
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Dealership software giant CDK Global said it hired former Intel boss Brian Krzanich to take over as CEO. Krzanich, 58, replaces Brian MacDonald, CDK's CEO since 2016. The move is effective immediately.
Nov
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Australia's freshly ratified Trans-Pacific Partnership (TPP) free trade agreement, scheduled to come into force at the end of this year, will benefit multiple automakers in the now import-only market, according to a local media report.
Nov
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When it comes to the travel trio of airports, airlines and rental cars, the third member of the trio is the clear consumer favorite these days, according to a customer survey by J.D. Power.
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Tuesday's midterm elections produced a mixed bag for Democrats interested in regulating the auto industry, with one prominent Senate critic losing her race and another behind in a race too close to call.
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Daimler's Mercedes-Benz delivered 190,021 vehicles in October, up 3.9% year on year.
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Wells Fargo executives were warned that an auto insurance plan could be overcharging customers four years before the bank scrapped the program, according to a complaint released by a judge.
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Hyundai Motor Group and Grab Holdings, which claims to be southeast Asia's leading O2O (online to offline) mobile platform, announced an agreement under which Hyundai Motor Company and Kia Motors Corporation will invest an additional US$250m into Grab and establish a partnership to pilot EV programs in the region.
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The lithium industry's struggle to match booming demand for the rechargeable-battery ingredient is 'problematic' and will further tighten the market, according to a top lithium industry executive.
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GAC Mitsubishi Motors (GMMC) is to start sales of the locally assembled Eclipse Cross in China.
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BMW has strengthened its logistics to include air freight options as part of contingency plans to prepare itself for the UK's exit from the EU.
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Japan's new vehicle market jumped by 12.5% to 418,992 units in October from strong year earlier sales of 372,469 units, according to registration data released by the Japan Automobile Manufacturers Association.
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Reliable sources close to Schaeffler indicate around 585 British jobs are at risk as the company unveiled plans to close two manufacturing sites in the UK, but insisted Brexit uncertainty was not the main reason for the move.
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Nissan says it has committed to working with the government of Ghana to establish an automotive manufacturing industry in the country. The company will also make Ghana its hub for sales and marketing in West Africa.
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New vehicle sales in Taiwan fell by 1.3% to 35,048 units in October from 35,512 units a year earlier, according to local reports citing registration data compiled by Taiwan's Directorate of Highways.
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Sales of imported passenger vehicles in South Korea jumped by 23.6% to 20,833 units in October from 16,833 units a year earlier, according to data compiled by the Korea Automobile Importers and Distributors Association (KAIDA).