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Labor Cooperation on VW Cost-Cutting Plan Breaks Down
2/13/2017Efforts by Volkswagen AG and unions to reduce labor costs were suspended earlier today, as labor leaders claim the company is pushing for greater cuts than the two sides agreed to in November.
It’s Official: Chevy Cruze Diesel Gets 52-mpg Highway Rating
2/13/2017General Motors Co. says the diesel variant of its 2017 Chevrolet Cruze sedan has an Environmental Protection Agency-rating of 52 mpg on the highway, which the carmaker boasts is the best of any non-electrified model in the U.S.
GM Will Recall Pontiac, Saturn Cars to Fix Airbags
2/13/2017General Motors Co. intends to recall 91,000 Pontiac and Saturn cars in the U.S. to fix a sensor that may prevent the front passenger airbag from deploying in a crash.
Mercedes-Maybach G650 Opens Up Rear-Seat Luxury
2/13/2017Daimler AG's Mercedes unit is launching a limited-edition SUV that the carmaker says provides rear seat passengers with the comfort and amenities of a private jet.
Wholesales in China Slip 1%
2/13/2017Wholesale deliveries of passenger vehicles in China declined 1% to 2.2 million units in January, according to the China Assn. of Automobile Manufacturers.
Korea’s Car Exports to U.S. Drop as Imports Rise
2/13/2017The lopsided trade in new vehicles between South Korea and the U.S. became slightly less so last year, according to Korean auto industry trade groups.
Ex-GM Autonomous-Driving Researcher Joins Hyundai
2/13/2017Hyundai Motor Co. has hired Jin-woo Lee, a research leader in self-driving technology development at General Motors Co. for the past 11 years, to run its advanced driver-assistance system development effort.
Takata Losses Deepen on Airbag Woes
2/13/2017Takata Corp. says it expects to report a net loss of about 64 billion yen ($563 million) for the fiscal year ending March 31.
S. Korea Aims for Huge Boost in EV Sales
2/13/2017South Korea’s government and the country's carmakers hope to multiply the number of electric cars on the road in Korea from a few thousand today to 250,000 by 2020, the Financial Times reports.
PSA Buys India’s Iconic Ambassador Car Brand
2/13/2017PSA Group has acquired the Ambassador car brand from Hindustan Motors Ltd. for $12 million.