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GKN Readies Integrated Electric Drive System for Plug-In Hybrids
9/19/2016GKN plc says it plans in 2019 to introduce a complete electric drive system for plug-in hybrid vehicles on a global platform for an unnamed European carmaker.
Takata Calls for Takeover Bids
9/19/2016Takata Corp. has asked would-be financial saviors to submit bids this week to take control of the struggling airbag supplier, sources tell Bloomberg News.
Uber to Open Detroit-Area Research Center
9/19/2016Ride-hailing specialist Uber Technologies Inc. plans to open a facility in metro Detroit in “coming the coming months” to better collaborate with carmakers and suppliers on autonomous vehicle systems.
VW Has Fixed 6% of Its Cheater Diesels in Europe
9/19/2016Volkswagen AG says it has repaired only about 510,000 of the 8.5 million diesel-powered vehicles it equipped with cheater emission control software and sold in Europe.
Nikola Readies Electric Dune Buggy
9/19/2016Salt Lake, Utah-based Nikola Motor Co. has begun taking $750 refundable deposits for its upcoming $37,500 all-electric off-road utility vehicle.
Haldex Back ZF's Takeover Bid
9/19/2016Swedish brake system supplier Haldex SA has unanimously recommended that its stockholders accept a bid from ZF Friedrichshafen AG to buy their shares at 120 kronor ($14) each.
Porsche Mulls Baby SUV
9/19/2016Volkswagen AG’s Porsche unit may add a new crossover/SUV that would be positioned below the current Macan crossover.
Toyota to Offer Higher Pay for Night-Shift Workers
9/19/2016Toyota Motor Corp. hopes to balance its factory operations in Japan by offering a night-shift-only schedule that pays more than day-shift work, The Nikkei reports.
Lyft Says Most of Its Taxis Will Be Autonomous in 5 Years
9/19/2016U.S. ride-hailing service Lyft Inc. expects most of the cars its customers summon five years from now will be self-driving vehicles.
EU Vows to Sanction Member States on Emission Rules
9/19/2016Elzbieta Bienkowska, the European Union’s industry commissioner, tells Reuters she aims to sanction EU member states that have failed to enforce the region’s emission standards.