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Ford Expands Fleet of Self-Driving Cars
12/28/2016Ford Motor Co. is adding 20 second-generation self-driving cars to its U.S. test fleet of 10 autonomous vehicles and says it will expand the number to 90 vehicles by the end of 2017.
Takata Could Face $1 Billion Fine in U.S. for Hiding Airbag Defect
12/28/2016Takata Corp. is near agreement to settle U.S. charges of criminal wrongdoing for hiding data about its explosion-prone airbag inflators, sources tell The Wall Street Journal.
Flex-N-Gate to Buy 7 European Plants from Plastic Omnium
12/28/2016Urbana, Ill.-based Flex-N-Gate Group has entered into exclusive talks with Plastic Omnium SA to acquire seven of the French company’s factories in Europe.
VW Buys Canadian Parking-Payment Service
12/28/2016Volkswagen AG’s financial unit has agreed to buy PayByPhone, a Vancouver, B.C.-based service that enables users to pay for on-street parking with their smartphones.
NHTSA Probes Antilock Brake Flaw in Ford Midsize Sedans
12/27/2016The U.S. has opened a preliminary investigation into antilock brake systems that could malfunction in 2009-2011 model Ford Fusion and Mercury Milan midsize sedans.
Panasonic to Invest in Tesla Solar Panel Factory
12/27/2016Panasonic Corp. says it will invest more than 30 billion yen ($255 million) to build a solar panel plant in Buffalo, N.Y., that will be operated by Tesla Motors Inc.’s recently acquired SolarCity unit.
Autoliv Plans Airbag, Seatbelt Recalls
12/23/2016Autoliv Inc. says defects in its airbag and seatbelt pretensioners systems could trigger the recall of as many as 400,000 late-model vehicles worldwide, Reuters reports.
China Fines GM Venture $29 Million for Price Fixing
12/23/2016China will levy a $29 million fine for price fixing against the carmaking venture owned by General Motors Co. and Shanghai Automotive Industry Corp., according to a state television report.
EPA Won’t Extend Review Time on CAFE Rules
12/23/2016The U.S. Environmental Protection Agency says it won’t extend the deadline for public comment about its schedule for tougher corporate average fuel economy standards through 2025.
U.S. Economic Growth Adjusted Upward
12/23/2016The U.S. economy expanded by an annualized 3.5% in the third quarter of 2016, according to final figures from the Dept. of Commerce.