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BorgWarner Touts Friction-Plate Technology in Ford 10-Speed Transmission
10/12/2016Auburn Hills, Mich.-based BorgWarner Inc. is introducing a new high-energy friction material in Ford Motor Co.’s 10-speed automatic transmission that debuts this autumn in the 2017 F-150 Raptor pickup truck.
Dana to Purchase Assets of Brazilian Driveline Company
10/12/2016Dana Inc. says it has agreed to purchase certain manufacturing and other assets of Brazil’s Sifco SA, which has operated under judicial restructuring since 2014.
Toyota Targets Turkey’s “Green” Car Tax Cut
10/12/2016Toyota Motor Corp. is taking advantage of a “green” vehicle tax cut in Turkey with its locally produced all-new C-HR mini-crossover vehicle.
BMW Again Vows to Electrify Its Entire Lineup
10/12/2016BMW AG reiterates to reporters in Germany that it plans to offer hybrid and/or all-electric powertrain options for its entire lineup over the next several years.
GM Will Add Third Shift at Crossover Factory in Tennessee
10/12/2016General Motors Co. says it will hire 650 people and launch a third production shift at its crossover vehicle plant in Spring Hill, Tenn., in January.
Late Car Payments on the Rise in U.S.
10/12/2016The rate of tardy car loan payments among subprime borrowers in the U.S. has climbed to a 6-year high, according to S&P Global Ratings Inc.
Economic Sentiment Rises in Germany
10/11/2016Germany’s financial community has grown more optimistic this month, according to the closely watched ZEW Indicator of Economic Sentiment from the Mannheim Center for European Economic Research.
U.K. Begins First Autonomous Car Tests on Public Roads
10/11/2016Today researchers in England began the country’s first cautious tests on public roads of vehicles equipped to drive themselves automatically.
Infineon Buys Dutch Developer of Mini-Laser Sensors
10/11/2016Infineon Technologies AG has acquired Innoluce BV, a 6-year-old Dutch startup that specializes in miniature laser scanners and micro-electro-mechanical systems.
Union to Resume Hyundai Labor Talks
10/11/2016The union representing about 50,000 Hyundai Motor Co. hourly workers in South Korea says it will return to the bargaining table on Wednesday in hopes of reaching an immediate tentative agreement on a one-year labor contract, Reuters reports.