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Magna Teams with Israeli Startup on Lidar Tech
12/20/2016Magna International Inc. says it will use Innoviz Technologies Ltd.’s solid-state lidar sensor technology as part of its autonomous vehicle sensor package.
U.S. Opens New Probe into FCA Trucks, SUVs that Could Roll Away
12/20/2016U.S. safety officials are looking into complaints that as many as 1 million Dodge Durango SUVs and fullsize Ram pickup trucks can unexpectedly roll away after being parked, Reuters reports.
Right-Hand-Drive Audi Q7 Delayed in U.K.
12/20/2016Deliveries of right-hand-drive versions of Audi AG’s Q7 e-tron plug-in hybrid crossover vehicle have been delayed several months due to supply issues.
Next-Gen Honda Odyssey to Bow in Detroit
12/20/2016Honda Motor Co. will take the wraps off its fifth-generation Odyssey minivan next month at the Detroit auto show.
BMW Diversifies U.S. Ad Spend
12/20/2016BMW AG continues to reassign pieces of its North American marketing plan, although New York City-based KBS remains its creative agency of record in the region.
Bosch Near $300 Million U.S. Settlement in VW Diesel Scandal?
12/20/2016Robert Bosch GmbH is close to settling claims in the U.S. that it helped Volkswagen AG to develop software used by the carmaker’s diesel engines to cheat on emission tests, a source tells Reuters.
Uber Posts $800 Million Loss in Third Quarter
12/20/2016Ride-hailing service Uber Technologies Inc. more than doubled sales in the third quarter to $1.7 billion and tallied a $2.2 billion net profit. But it lost $800 million before interest, taxes and special items, according to tech news website The Information.
BMW Wins Trademark Lawsuit in China
12/20/2016Two Chinese companies, and the founder of one of them, have been fined for copying BMW AG’s trademark, Shanghai Daily reports.
GM to Trim Car Output at 5 U.S. Plants
12/19/2016General Motors Co. will idle five car plants in the U.S. next month to allow bloated dealer inventories to shrink, The Detroit News reports.
BlackBerry Opens Research Center for Self-Driving Vehicles
12/19/2016Canada’s BlackBerry Ltd. is opening a research center near its QNX Software Systems unit headquarters outside Ottawa, Ontario, to develop software operating systems for autonomous vehicles.