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McLaren Revs Up New Supercar
2/16/2017McLaren Automotive Ltd. says its second-generation Super Series model will sprint from zero to 200 kph (124 mph) in 7.8 seconds and cover a quarter mile in 10.3 seconds.
Federal-Mogul Names New Co-CEO
2/16/2017Federal-Mogul Holdings LLC has named Bradley Norton as co-CEO and CEO of the company’s parts division, effective March 8.
Toyota Named Most-Admired Car Brand, Again
2/16/2017Toyota Motor Corp. has been named the world’s most-admired automotive brand by Fortune magazine for the third consecutive year.
Hyundai-Kia Launching Finance Unit in Germany
2/16/2017Hyundai Motor Co. and its Kia Motors affiliate are launching their own captive finance unit in Germany.
GM Expands 9-Speed Transmission Rollout to China
2/16/2017General Motors Co. says it will offer the 9-speed automatic transmission it co-developed with Ford Motor Co. in 13 Buick, Cadillac and Chevrolet models in China by 2020.
Aston Predicts a Profit in 2018
2/16/2017Aston Martin Lagonda Ltd., expected to post its sixth consecutive annual loss later this month, tells Reuters it will return to profitability in 2018.
Europe’s Monthly Car Sales Grow 10%
2/16/2017New passenger vehicle registrations throughout Europe climbed 10% to 1.20 million units in January, ACEA reports.
Mercedes to Launch Pilot Program for Electric Heavy-Duty Truck
2/16/2017Daimler AG’s Mercedes-Benz Truck unit will begin public testing of about 20 electric heavy-duty trucks this year in Germany.
Economic Sentiment Falls in Germany
2/16/2017Financial experts grew less optimistic about Germany’s economy in February, according to the ZEW Indicator of Economic Sentiment.
GM, PSA Execs Rush to Build Support for Opel Sale
2/16/2017Top executives from General Motors Co. and PSA Group are scrambling to build support among alarmed European government and labor leaders for a plan to integrate GM’s Opel unit with PSA.