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Sep
21st

US: VW orders ‘stop sale’ of some diesels after EPA recall order

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Volkswagen has told US dealers to halt sales of some 2015 diesel cars after US government regulators found software it designed for the affected vehicles gave false emissions data and ordered a recall of close to a half million cars, the company said on Sunday, announcing it had launched an investigation. In a statement on Sunday, VW CEO Martin Winterkorn said: "I personally am deeply sorry that we have broken the trust of our customers and the public."
Sep
21st

Schaeffler plans IPO to cut debt, raise up to $3.4 billion

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Schaeffler plans an initial public offering to pay down debt. The supplier may raise as much as about 3 billion euros ($3.4 billion) in the IPO, sources said.
Sep
21st

VW halting US sales of diesel models after accusation of cheating emissions test

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VW group cars
News 21 Sep, 2015

The Volkswagen Group could face £12billion fine for installing software on cars that allowed them to cheat NOx tests

Sep
21st

VW emissions scandal: Audi fined £700m for rule breaches

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VW Emissions scandal update 2
News 16 Oct, 2018

Abraham Schot becomes new Audi chairman on temporary basis following Rupert Stadler's arrest over emissions scandal fears

Sep
21st

Frankfurt auto show hits and misses

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We're not sure how L.A. reporter and car guy nonpareil David Undercoffler got around to see everything at the massive Frankfurt auto show, but he most definitely did.
Sep
21st

Mercedes considers ultraluxury crossover or SUV to fight Bentayga

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Mercedes-Benz is exploring whether to introduce an ultraluxury crossover or SUV, possibly under its Maybach subbrand.
Sep
21st

New Civic enters new territory

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Honda Motor Co., shrugging off the faltering U.S. car market, is aspiring to capture some of the luxury market's enduring magic with its overhaul of the Civic lineup.
Sep
21st

NYC’s Brian Miller sells superluxury cars, hands-on service

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Brian Miller is a jeans-and-sneakers guy, running a Manhattan super luxury car dealership that caters to the rich and famous. His secret is hands-on, four-star service to people who expect nothing less.
Sep
21st

Cadillac wants to push Escalade into the $100,000-plus market

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Cadillac is considering a dramatic move upmarket for its hot-selling Escalade, as Rolls-Royce, Bentley and Maserati enter the premium six-figure market for superluxury SUVs.
Sep
21st

Jaguar to reveal pricing earlier on new models

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Jaguar will announce pricing when a new model is first unveiled as the company attempts to boost sales and gain market recognition.The move is part of Jaguar's effort to boost sales by lower prices or more generous content at existing prices.
Sep
21st

Opel ready for next phase of turnaround

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It was three years ago when General Motors first declared one of its most important post-bankruptcy goals: to stop losing money by mid-decade in Europe, a region that has drained more than $18 billion from GM's bottom line over the last 16 years.
Sep
21st

Cadillac lures a new corps of marketing pros

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Why would a cadre of relatively young marketers leave established, top-shelf brands for a daunting reclamation project -- one that even Cadillac's top executives acknowledge could take a decade? In short, they see an unprecedented chance to reboot a...
Sep
21st

Hyundai kicks off rookie season with NFL

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In June, Hyundai inked a four-year deal with the NFL, replacing General Motors as automotive sponsor of America's most-watched sports league. After a quarter-century of selling cars in the U.S.
Sep
21st

Wash not, want not at Calif. Honda store

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Service customers at Capitol Honda in San Jose, Calif., can get a free wash with every visit. They just can't get it at Capitol Honda. Many California businesses have had to make such adjustments as California's drought has worsened.
Sep
21st

UAW bets pay raises, product will sell FCA deal

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The UAW accord with Fiat Chrysler likely offers enough in raises and other improvements to ensure ratification by the rank and file, but it notably keeps in place the divisive two-tier system for entry-level workers.
Sep
20th

Honda’s stop-motion ad pitches no ordinary carmaker

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Honda is making a major new commitment to a corporate branding campaign with the launch of a 2-minute, stop-motion ad that takes viewers through a paper-flipping, historical journey of the company's products.
Sep
20th

VW orders probe into breach of U.S. emissions rules

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Volkswagen ordered an external investigation after U.S. regulators found software the carmaker designed for diesel cars gave false emissions data, CEO Martin Winterkorn said Sunday, adding he was "deeply sorry" for the violation of U.S. rules.
Sep
20th

Mazda aims to lift U.S. crossover volume

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Masahiro Moro, Mazda's managing director for global sales and marketing, says the automaker has a simple plan to make more money in the U.S. business: Sell more crossovers.
Sep
20th

VW faced ultimatum from EPA

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In the end, federal environmental regulators gave Volkswagen an ultimatum: Offer a convincing explanation for why many of its diesel vehicles were spewing more toxic emissions than they did in the test lab or face the loss of EPA certification for...
Sep
20th

Hyundai’s new CMO aims for a more dominant, loved brand

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Newly hired CMO Dean Evans says Hyundai should stand for more than just rational proof points.
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