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Tesla Revs Up Electric Racer
1/16/2017Tesla Motors Inc. says the track version of its Model S P100D electric vehicle, prepared for the recently announced Electric GT single-make race series, will be lighter and faster than the base sedan operating in “ludicrous mode.”
Mercedes-AMG Readies Hypercar for 2018
1/16/2017Daimler AG’s Mercedes-Benz unit says it will unveil its upcoming AMG hypercar this autumn at the Frankfurt auto show ahead of the car's launch in 2018.
New Hybrid Lexus LS on Tap
1/16/2017An interior photo of Toyota Motor Corp.’s redesigned LS flagship sedan appears to confirm plans for a hybrid version of the 2018 model.
Peugeot Finishes 1-2-3 in Dakar Rally
1/16/2017PSA Group’s Team Peugeot Total captured the top three spots in the two-week Dakar Rally completed on Saturday.
U.S. Confirms $1 Billion Takata Airbag Settlement
1/16/2017Takata Corp. has agreed to pay $1 billion to settle criminal charges in the U.S. that it conspired to hide airbag inflator defects blamed for 11 fatalities and more than 180 injuries.
Trump Threatens BMW with 35% Tax on Cars Made in Mexico
1/16/2017President-elect Donald Trump tells Bild the U.S. will add a 35% border tax on any 3 Series sedans BMW AG intends to import from Mexico.
Honda Targets 5.2 Million Sales in New Fiscal Year
1/16/2017Honda Motor Co. tells its top suppliers it aims to sell 5.15 million vehicles in the 12-month period that begins April 1, up 3% from its estimated volume for the current fiscal year, according to The Nikkei.
France, Germany, U.K. Ponder Broader Diesel Emission Probes
1/16/2017Environmental ministries in France and Germany say legal probes into possible diesel emission violations may expand in their countries, Reuters reports.
Canada Also Could Face Trump Border Tax
1/16/2017The incoming Trump administration says its threats about imposing imports taxes on Mexican-made cars would apply to Canada if a company’s operations there “put U.S. workers at a disadvantage,” spokesman Sean Spicer tells reporters.
U.S. Indicts 3 Former Takata Execs for Conspiracy in Airbag Scandal
1/13/2017Three former Takata Corp. executives have been indicted by a federal grand jury for wire fraud and conspiracy for falsifying reports about the company’s explosion-prone airbag inflators.