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Ex-VW CEO Winterkorn Target of Fraud Probe
1/27/2017Prosecutors in Germany are investigating former Volkswagen AG CEO Martin Winterkorn on suspicion of fraud regarding the company’s diesel emission cheating, Reuters reports.
Mercedes Previews Next-Gen Small Car Design
1/27/2017Daimler AG’s Mercedes-Benz unit will launch its new “Aesthetics A” compact car design treatment next year on the next-generation A-Class.
Japan Braces for All Trade Options with U.S.
1/27/2017Japan’s government says it is developing contingency plans to cover all options in upcoming trade talks with the U.S.
Ford Debuts Aftermarket Connectivity Device
1/27/2017Ford Motor Co. is offering customers a way to add connectivity features such as remote start, remote lock and wi-fi access to older Ford and Lincoln vehicles that weren’t wired for them.
Auto Leasing at Record High in U.S.
1/27/2017Last year U.S. consumers leased a record 4.3 million vehicles—31% of retail market volume, reports Edmunds.com.
EC Offers Enforcement Guidelines for Emission Cheaters
1/27/2017The European Commission has issued guidelines to coax European Union member states into doing a better job of detecting and sanctioning illegal “defeat devices” designed to evade emission rules.
Tesla Claims Former Exec Stole Autopilot Secrets
1/26/2017Tesla Motors Inc. has filed a lawsuit claiming that former executives that left the company to join a startup used secret information about the carmaker’s Autopilot semi-autonomous driving system, Bloomberg News reports.
Acura, BMW, Mercedes Vehicles Win Green Car Awards
1/26/2017Three luxury hybrid vehicles were named 2017 Green Car of the Year category winners by Green Car Journal (GCJ).
Lear’s Fourth-Quarter Earnings Rise 7%
1/26/2017Lear Corp. says strong demand for its seating and electrical products improve profit margins and push operating earnings up 7% to $386 million in the final quarter last year.
VW’s Regulatory Compliance Chief Leaves
1/26/2017Christine Hohmann-Dennhardt, who was hired by Volkswagen AG at the beginning of last year as head of integrity and legal affairs, is leaving at the end of January.