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Peugeot Mulls Return to Endurance Racing
12/5/2016PSA Group's Peugeot unit may join FIA’s World Endurance Championship (WEC) racing series to fill the void left by Audi , which announced in October that it was dropping out of the circuit to focus on Formula E electric vehicle racing.
VW Execs Hiring U.S. Criminal Defense Lawyers?
12/5/2016A probe by the U.S. Dept. of Justice into Volkswagen AG’s diesel emission cheating scandal has prompted dozens of the carmaker’s executives in Germany to hire criminal defense attorneys, sources tell Bloomberg News.
Report: Panasonic to Buy LED Lighting Company
12/5/2016Japan’s Panasonic Corp. is in talks to buy ZKW Group GmbH, an 88-year-old Austrian company that specializes in light-emitting-diode headlights, The Nikkei reports.
Chevy Malibu, Renault SM6 Named Safest Cars in S. Korea
12/5/2016South Korea’s transportation ministry says General Motors’ Chevrolet Malibu midsize sedan and Renault Samsung’s midsize SM6 are the country’s safest new models, The Korea Herald reports.
VDA Predicts 8% Decline in U.K. Car Market Next Year
12/5/2016New-car registrations in the U.K. next year will drop to 2.4 million units from 2.6 million in 2016, German auto industry trade group VDA predicts.
Sales Incentives Rise as Carmakers Strive to Defend Share
12/5/2016Spending by carmakers on retail sales incentives in the U.S. surged 21% last month to more than $3,700 per transaction, according to Autodata Inc.
Apple to NHTSA: Don’t Impede Autonomous-Car Testing
12/5/2016Apple Inc. has urged the National Highway Traffic Safety Administration not to hamper self-driving cars by imposing too many restrictions on testing.
Trump Names Barra to Business Advisory Group
12/2/2016President-elect has appointed General Motors Co. CEO Mary Barra to a 16-member advisory group to provide him with “frank, non-bureaucratic and non-partisan” advice about creating jobs and expanding the U.S economy.
4 Mega-Cities Confirm Plans to Ban Diesels
12/2/2016The mayors of Athens, Madrid, Mexico City and Paris say they are committed to banning the use of diesel-powered vehicles in their cities by 2025.
Rolls-Royce Moves Ahead with SUV Plan
12/2/2016BMW AG's Rolls-Royce Motor Cars unit affirmed its upcoming crossover/SUV with the first official images of a camouflaged prototype of the vehicle.