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Ford, Alibaba Explore Strategic Alliance
Ford Motor Co. has signed a development agreement with Chinese tech giant Alibaba Group Holding Ltd. to explore several potential strategic partnerships.
Former VW Exec Schmidt Gets Maximum Sentence in Diesel Scandal
Oliver Schmidt—the former Volkswagen AG executive who pleaded guilty in August to lying about VW’s diesel pollution cheating—has received the maximum sentence of seven years in prison and a $400,000 fine.
Safety Group Slams GM’s In-Car Shopping App
General Motors Co.’s new Marketplace shopping app likely will increase distraction-related accidents and fatalities, warns the National Safety Council.
Nissan Targets Fully Automated Cars by 2022
Nissan Motor Co. confirms it expects to begin selling fully automated cars in 2022.
Honda Tests Vehicle-to-Grid Charging System at German Site
Honda Motor Co. has installed a bi-directional charging system at its research and development center in Offenbach, Germany, to further test the vehicle-to-grid technology.
SEAT Goes Vertical
The SEAT Martorell plant in Spain is the company’s primary assembly facility, as it the vehicles it produces there are the SEAT Ibiza, Leon SC, Leon 5P, Leon ST, Leon Cupra ST, Leon Cupra SC, and Arona.
Lyft’s Funding Round Grows 50%
Lyft Inc. says its latest round of fundraising expanded 50% to $1.5 billion and boosted the ride-hailing service’s valuation to $11.5 billion.
BMW Denies Claims of Diesel Shutoff Device
BMW AG denies a claim by a German environmental group that some of the company’s 3 Series diesel cars were rigged to evade emission limits.
German Group Targets 450-kW Charging Stations
BMW AG is leading a consortium of German companies that is studying the potential for ultra-fast electric vehicle battery chargers with a 450-kW capacity.
GM Cars Go to Market with Shopping App
General Motors Co. is introducing an in-vehicle app that allows motorists to make reservations and complete purchases from third-party vendors directly through their infotainment systems.