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Takata Posts a Profit, Reiterates Aversion to Bankruptcy
11/4/2016Takata Corp. reports net income of 16 billion yen ($157 million) in July-September, reversing a 9 billion-yen loss in the same period last year.
Toyota, Mazda Partnerships May Include EVs, Connected Car Tech
11/4/2016Electric and connected vehicle technologies are two of at least 10 potential areas of collaboration being evaluated by Toyota Motor Corp and Mazda Motor Corp., Bloomberg News reports.
BMW Warns on Margins as Sales, Profits Rise
11/4/2016BMW AG’s third-quarter unit sales rose 7% to a record 583,500 vehicles. Revenue advanced only 3% to €21.6 billion ($23.9 billion), and net profit grew 15% to €1.8 billion ($2 billion).
Bosch, Toyota Lead Patent Applications for Self-Driving Cars
11/4/2016Bosch has filed the most patent applications (2,710) related to autonomous vehicle technologies since 2010, according to a study by Grunecker Patent Attorneys.
Mini 2-Wheel ’Ring Circus Stunt
11/4/2016Chinese stunt driver Han Yue this week drove one of the most memorable laps at Germany’s famed Nurburgring course when he piloted his Mini Cooper around the grueling 12.9-mile Nordschleife circuit on two wheels.
Suzuki to Double Capacity of Upcoming India Plant
11/4/2016Suzuki Motor Corp., which is opening an assembly plant in Gujarat, India, in 2017, says it will double the facility’s annual capacity to 500,000 units in 2019.
“Substantial” Progress Seen in Talks on VW’s Cheater V-6 Diesels
11/4/2016Negotiators are making “substantial” progress about what to do with more than 80,000 Audi, Porsche and Volkswagen vehicles in the U.S. that are equipped with high-polluting V-6 diesels.
Federal Marshals Raid Chinese Displays at SEMA Show
11/4/2016Federal marshals have seized displays of eight Chinese companies at the Specialty Equipment Market Assn. and concurrent Automotive Aftermarket Products Expo in Las Vegas, Automotive News reports.
Musk Touts Best-in-Class EV Battery Density
11/3/2016Tesla Motors Inc. CEO Elon Musk claims the next-generation lithium-ion cells the company will produce with partner Panasonic Corp. at their Gigafactory in Nevada will have the highest energy density of any electric vehicle battery.
Ford Readies More Driver Assist Features
11/3/2016Ford Motor is developing a new wave of advanced driver-assist systems that it plans to introduce on production vehicles over the next two years ahead of the fully autonomous system the company is targeting for 2021.