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VW Invests in EV Charging Station Locator Service
12/16/2016Volkswagen AG has purchased an unspecified stake in Hubject GmbH, a service that helps electric car drivers find nearly 40,000 charging points in Europe, Israel, Japan and New Zealand.
Average New-Car Selling Price in U.S. Tops $34,000
12/16/2016The average price paid by U.S. consumers for a new car in 2016 climbed nearly 3% to a record $34,077, according to Edmunds.com.
GM to Build, Test Self-Driving Bolt EVs in Michigan
12/16/2016In January General Motors Co. will begin making autonomous versions of its just-introduced Chevrolet Bolt electric sedan at the company’s Orion Township plant north of Detroit.
Toyota Predicts 1% Gain in Its Sales Next Year
12/15/2016Toyota Motor Corp. says global sales by its Daihatsu, Hino, Lexus and Toyota brands will dip 1% to 10.09 million vehicles this year but rise to 10.2 million units in 2017.
Conti: No Profit on EV Products Until 2019
12/15/2016CEO Elmar Degenhart doesn’t expect Continental AG to begin making a profit on products for electric vehicles for at least two more years.
Future Bimmers to Get IBM Watson Know-How
12/15/2016IBM Corp. and BMW AG plan to work together to integrate the software company’s Watson artificial intelligence technology into future automotive applications.
Takata Takeover Bid Unlikely Before February
12/15/2016Takata Corp. no longer expects to choose a favored bidder this year as it struggles with the impact of massive recalls involving its potentially lethal airbag inflators.
Report: BMW, Daimler to Merge Car-Sharing Service Platforms
12/15/2016BMW and Daimler are preparing to integrate their car-sharing service platforms in a bid to enhance their ability to compete with Uber, sources tell Manager Magazin.
Updated Lambo V-12 Coming
12/15/2016A new teaser video from Lamborghini SpA highlights the company’s venerable V-12 engine and hints at “what will be next.
Car Sales in Europe Rose 6% in November
12/15/2016Deliveries of passenger vehicles across Europe climbed to 1.19 million units last month from 1.13 million in November 2015, industry trade group ACEA reports.