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Chinese Battery Maker Buys Stake in Contract Assembler Valmet
1/31/2017A Chinese battery maker has acquired a 22% stake in Finnish contract vehicle assembler Valmet Automotive to help promote electric-car sales in Europe.
Ford Criticizes Trump Immigration Policy
1/31/2017Without naming names, Ford Motor Co. CEO Mark Fields told employees on Monday that the company opposes the Trump administration’s broad ban on travel to the U.S. by citizens of seven predominantly Muslim countries.
Ford to Open NYC Mobility Exhibit
1/30/2017Ford Motor Co. this week is opening a demonstration center in New York City to highlight its new mobility services.
Caddy Finishes 1-2 at 24 Hours of Daytona
1/30/2017A pair of Cadillac DPi-V.R prototype race cars took the top two spots at this year’s 24 Hours of Daytona endurance race that was completed on Sunday.
GM, Honda Form Fuel Cell Venture
1/30/2017General Motors Co. and Honda Motor Co. are forming a 50:50 joint venture to build fuel cell stacks for next-generation vehicles at GM’s plant in Brownstown Township, Mich.
NSK Demos Integrated Wheel Hub Motor
1/30/2017NSK Ltd. says it has developed an in-wheel motor that integrates two electric motors and a transmission with two planetary gears.
Volvo Surpasses 3,000 Electrified Buses
1/30/2017Truckmaker AB Volvo says it has sold more than 3,000 hybrid, plug-in hybrid and pure electric buses since launching its first hybrid model in 2010.
Car2Go Adds Mercedes Models in U.S.
1/30/2017Daimler AG’s car2go car-sharing business is adding the Mercedes-Benz CLA sports sedan and GLA compact crossover vehicle to its rental fleets in the U.S. and Canada.
Toyota Cedes Sales Leadership to VW
1/30/2017Toyota Motor Corp., the world’s largest carmaker by sales for the past four years, confirms its group car sales fell below Volkswagen AG’s total last year.
Honda Set Production Record in 2016
1/30/2017Honda Motor Co. reports its global output of passenger vehicles climbed 10% to a record 5.0 million units last year.