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Nov
8th

Ford of Europe names electrified vehicles boss

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Ford named company veteran Steve Hood to head its electrified business in Europe as the company prepares to ramp up sales of electric cars.
Nov
7th

Dealerships owned by ex-NFL stars lose Nissan, Kia franchises

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A dealership group facing lawsuits by two captive lenders over allegations of failing to repay millions of dollars in floorplan loans lost at least two of its franchises, while two other dealerships have now closed.
Nov
7th

Two former FCA executives, one ex-UAW official sentenced in scandal

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Two former Fiat Chrysler Automobiles executives and a former UAW official were sentenced Wednesday to federal prison for their involvement in the $4.5 million UAW-Chrysler training center scandal.
Nov
7th

How Hyundai Motor, once a rising star, lost its shine

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Hyundai ran into problems in China and the U.S. for similar reasons: It missed shifts in consumer tastes, especially the surge in demand for SUVs, and it sought higher prices than it could command.
Nov
7th

BMW faces tough decision on crossover production

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BMW is considering building more crossovers in China as tariffs between the United States and China are expected to dent the German automaker's 2018 earnings by 300 million euros ($344 million).
Nov
7th

BMW faces tough decision on crossover production

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BMW is considering building more crossovers in China as tariffs between the United States and China are expected to dent the automaker's 2018 earnings by $344 million.
Nov
7th

Delphi sees more headwinds in 2019

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Delphi Technologies reported sharply lower net income for the third quarter, largely due to factors that hit other supplier results, especially an unexpected decline in sales in China.
Nov
7th

What is China’s Tencent doing with autonomous vehicles in California?

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Chinese technology company Tencent is recruiting self-driving car engineers in Palo Alto, Calif., joining a crowded field of corporations vying for talent in the heart of Silicon Valley.
Nov
7th

Large vans drive UK LCV market

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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).
Nov
7th

Hyundai puts $250 million in Grab in a bet on EV mobility era

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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
7th

Chrysler Capital originations rise amid buyout talks

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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.
Nov
7th

Union “complete shock” after Michelin Dundee closure plan

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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
7th

CDK Global names former Intel chief Brian Krzanich as CEO

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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
7th

Australian car importers eye TPP FTA benefits

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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
7th

Rental-car satisfaction at record levels thanks to apps, J.D. Power finds

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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.
Nov
7th

How midterm elections touched automotive politics

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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.
Nov
7th

Daimler YTD sales fractionally ahead of 2017

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Daimler's Mercedes-Benz delivered 190,021 vehicles in October, up 3.9% year on year.
Nov
7th

Unsealed complaint: Wells Fargo execs knew auto insurance program was flawed

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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.
Nov
7th

Hyundai-Kia to invest another US$250m in Grab

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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.
Nov
7th

Lithium market ‘problematic’ on project delays, executive says

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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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