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U.S. to Expand EV Charging Network
11/3/2016The U.S. Dept. of Transportation’s Federal Highway Admin. today announced plans to establish 48 charging networks for plug-in vehicles across nearly 25,000 miles of highways in 35 states.
Report: Takata’s U.S. Unit Preparing for Bankruptcy Filing
11/3/2016The U.S. arm of airbag supplier Takata Corp. is preparing for a possible bankruptcy filing, according to The Nikkei, which cites no sources.
British Court Orders Parliament Vote on U.K. Brexit
11/3/2016An 11-member panel of judges in London says the U.K. cannot begin exiting the European Union until Parliament approves the move.
Nissan Targets Sub-$8,000 EV for China
11/3/2016Nissan Motor Co. hopes to develop an electric car it can sell in China at a non-subsidized price of $7,000-$8,000 (47,000-54,000 yuan).
Renault to Assemble Cars in Pakistan
11/3/2016Renault SA plans to partner with two local assembly partners to begin making cars in Pakistan by 2018, Reuters reports.
Magna’s Sales Surge 16% to Record High
11/3/2016Magna International Inc.’s sales jumped to a record US$8.8 billion from $7.7 billion in July-September 2015.
VW Hopes to Settle U.S. Diesel Probe by Mid-January
11/3/2016Volkswagen AG hopes to settle the U.S. criminal investigation into its diesel cheating scandal before the country’s next president takes office on Jan. 20, Bloomberg News reports.
American Axle Buys Metaldyne
11/3/2016American Axle & Manufacturing Holdings Inc. has agreed to acquire Southfield, Mich.-based Metaldyne Performance Group Inc. for $1.6 billion in cash and stock.
Nissan Takes Different Note on Hybrids
11/3/2016Nissan Motor Co. is introducing an extended-range series hybrid variant of its Note hatchback in Japan.
U.S. New-Car Fuel Efficiency at Record High
11/3/2016New cars and light trucks sold in the U.S. last year averaged the best fuel economy ever, according to the Environmental Protection Agency.