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Aug
6th

TrueCar CEO Scott Painter to step down by year end

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Scott Painter, founder of the online car-shopping site TrueCar, is stepping down as CEO of the company this year. TrueCar said a successor is expected to take office by year end. Painter, 46, will remain chairman of the company's board of directors.
Aug
6th

Lear targets acquisitions to enhance electrical unit

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Lear is looking for acquisitions of as much as $1 billion for its electrical unit as automakers' demand for global vehicle platforms drives consolidation among their suppliers.
Aug
6th

Lexus leans on leases as U.S. luxury race tightens

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Lexus is relying more on leasing than BMW and Mercedes-Benz as it challenges the German brands for the lead in U.S. sales of luxury vehicle sales.
Aug
6th

Volvo’s engine and platform independence makes progress

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Engines are expensive items for an automaker to develop and, after sharing some powertrains with former owner Ford, Volvo, under new Chinese owner Geely, developed its own Drive-E engine range. The engines, which are all built with a maximum capacity of two litres and four cylinders, offer lower weight, size and complexity, all resulting in lower emissions, lower fuel consumption and greater driveability.
Aug
6th

AUSTRALIA: SUVs continue on a roll down under

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Australians continued their love affair with the versatile SUV last month with 13.4% more sold than in July 2014.
Aug
6th

GERMANY: Mercedes sales records tumble in July

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Mercedes-Benz set new sales records in July.
Aug
6th

CHINA: GM year to date sales set record

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General Motors and its joint ventures booked record retail sales of 1,948,377 vehicles during the first seven months of the year in China.
Aug
6th

GERMANY: Ford taps gamers for future mobility solutions

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Ford is inviting the gaming community during Gamescom to create online games that "could inspire real-life solutions to global mobility issues".
Aug
6th

Volvo recalls new XC90 over airbag design flaw

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Volvo XC90 front
News 6 Aug, 2015

Estimated 10,000 2015 XC90s recalled over fears third-row airbag won't deploy properly, no figures for UK as yet

Aug
6th

UK: FTA warns of truck driver job losses as Calais storm swells

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British freight organisations are warning of job losses among truck drivers if the migrant meltdown currently engulfing the French port of Calais continues much longer.
Aug
6th

US: Feds eye FCA and Harman over radio security flaw

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Fiat Chrysler Automobiles (FCA) and supplier Harman are under regulatory scrutiny in the US after the automaker reportedly delayed 18 months before telling NHTSA about a security flaw in radios fitted in over 1m vehicles.
Aug
6th

US: Tesla’s Q2 net loss increases

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Luxury electric vehicle maker Tesla's revenue for the second quarter ended 30 June 2015 was up 24.13% to US$954.98m but the company continued to book operating and net losses in both the quarter and the first half.
Aug
6th

UK: Vans slip, truck sales surge in July

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Commercial vehicle CV registrations in the UK rose rise 3.7% year on year to 28,980 in July, with strong truck demand (up 39.7% to 4,434) outweighing a 0.9% fall to 24,456 vans.
Aug
6th

Hackers turn off Tesla Model S at low speed

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Tesla issued a software patch to address security flaws in the Model S that could allow hackers to take control of the sedan.
Aug
6th

GM July sales drop 4% in China, but margins hold up

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General Motors sales in China fell 4 percent year-on-year in July but the U.S. automaker said it remained on track to achieve an upbeat goal for profit margins this year in its second-largest market.
Aug
6th

Mitsubishi Shogun Sport could come back to the UK

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Mitsubishi Pajero Sport front side
News 7 Aug, 2015

L200-based Pajero Sport could come here as Shogun Sport & points to styling of the next-generation Shogun

Aug
6th

UK: Freight bosses urge Prime Minister meeting as Calais worsens

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UK freight transport chiefs have written to British Prime Minister, David Cameron, requesting an "urgent meeting" to discus the huge disruption at Calais, which has seen thousands of migrants attempt to board lorries bound for Britain.
Aug
6th

Nexteer, TI Automotive plan new home offices in suburban Detroit

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Nexteer Automotive said it would locate its new headquarters north of Detroit in Auburn Hills, Mich., by next summer. TI Automotive also said it would lease and build out a new facility in the Detroit suburb
Aug
6th

UK car sales growth slows in July; ‘muted’ growth forecast for second half

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UK new-car registrations rose 3.2 percent to 178,420 in July, driven by sales of small cars and SUVs, according to the SMMT industry association. Growth likely will level off in the second half, it said.
Aug
6th

CHINA: Nissan’s China sales plummet in July

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Nissan vehicle sales in China dropped by almost 14% in July versus a year earlier, as the company felt the impact of slowing demand in the world's biggest car market.
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