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Global Car Sales Forecast to Rise 1.5% this Year
2/21/2017Sales of cars and light-duty trucks are likely to expand to 93.5 million units this year from 92.1 million in 2916, says IHS Markit.
PSA Vows to Honor Job Guarantees in Opel Bid
2/21/2017PSA Group says it will abide by existing job guarantees for Adam Opel AG workers “in the European countries” if it successfully acquires Opel from General Motors Co.
Daimler to Open Assembly Plant in Russia
2/21/2017Daimler AG says it will begin making SUVs and E-Class sedans at a new factory near Moscow in 2019.
Chevy Camaro ZL1 Nears 200-mph Bogey
2/21/2017General Motors Co. says the 2017 Chevrolet Camaro ZL1 sports car has a top speed of 198 mph.
EVs, Plug-in Sales Slump in the Netherlands After Incentives Shrink
2/21/2017Demand for electric and plug-in hybrid cars in the Netherlands dropped about 50% last year to fewer than 20,000 units after the government shrank tax breaks, Automotive News Europe reports.
VW to Launch Budget Brand in China in 2019
2/21/2017Volkswagen AG plans to introduce a new entry-level brand in China in 2019, starting with a small sedan and crossover/SUV.
J.D. Power Hires Former FCA Quality Chief
2/21/2017Doug Betts has been named senior vice president of global automotive operations for market analysts J.D. Power and Associates, where he will be responsible for leading the unit’s strategy and operations.
VW Says It has Fixed 39% of Its Cheater Diesels in U.K.
2/21/2017Volkswagen AG tells the British Parliament’s transport committee it has repaired 470,000 of 1.2 million of its diesel-powered vehicles in the U.K. that had been illegally rigged to evade EU emission standards.
Shell, Toyota to Build 7 Hydrogen Refueling Stations in California
2/21/2017Royal Dutch Shell plc and Toyota Motor Corp. have agreed to open seven hydrogen refueling facilities for fuel cell-powered vehicles in California, Bloomberg News reports.
VW Group Sales Slide 4%
2/21/2017Volkswagen Group reports its global sales in January shrank 4% to 813,700 units.