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Ford Says Its Profits in Europe Will Nearly Quadruple This Year
11/30/2016Ford of Europe CEO Jim Farley predicts the unit will generate a profit this year of $1 billion compared with $259 million in 2015, Automotive News reports.
U.S. Hearing Delayed on VW’s Cheater V-6 Diesels
11/30/2016A court hearing set for today in San Francisco to finalize an emission test cheating settlement involving 80,000 high-polluting Audi, Porsche and Volkswagen vehicles has been delayed until Dec. 16.
Mercedes CLS Grows Up
11/30/2016The next-generation Mercedes-Benz CLS sedan will move to the carmaker’s modular rear architecture (MRA) that carries the redesigned E-Class introduced earlier this year.
Car Production in Japan Slips 3%
11/29/2016Domestic production by Japan’s eight largest carmakers dropped 3% to 743,100 units in October, according to company data.
Trump Chooses Elaine Chao as Next U.S. Transportation Secretary
11/29/2016President-elect Donald Trump has nominated Elaine Chao to serve as his administration's secretary of transportation. Chao, 63, served as secretary of labor in George W. Bush's administration between 2001 and 2008. She also was deputy secretary of transportation under Pres. George H.W. Bush.
S. Korea Fines More Carmakers for Emission Test Errors
11/29/2016South Korea’s environment ministry says it will fine BMW, Nissan and Porsche a combined 6.5 billion won ($5.6 million) for irregularities in their emission certification test reports.
JLR to Build Next-Gen Discovery at New Slovakian Factory
11/29/2016Jaguar Land Rover Ltd. says the €1.4 billion ($1.5 billion) plant it is building in Nitra, Slovakia, will make the company’s next-generation Land Rover Discovery SUV.
Carmakers Partner on European EV Ultra-Fast Charging Network
11/29/2016Audi, BMW, Daimler, Ford, Porsche and Volkswagen have agreed to install 400 super-fast charging stations across Europe by 2020 to help facilitate long-distance travel for electric and plug-in hybrid vehicles.
U.S. Economy Expanded 3.2% in Third Quarter
11/29/2016The U.S. gross domestic product expanded by an annualized 3.2% in the third quarter of 2016 compared with 1.4% adjusted growth in the previous period, according to an updated estimate by the Dept. of Commerce.
Nissan to Offer Connectivity for Older Vehicles
11/29/2016Nissan Motor Co. says it will soon offer its customers in India and Japan an aftermarket device that enables older vehicles to receive maintenance alerts, make automatic service appointments and order needed replacement parts ahead of the service visit.