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BMW to Replace 110,000 Takata Airbag Inflators in Japan
9/9/2016BMW AG reports it has begun recalling 44 models in Japan to replace Takata Corp. airbag inflators that could blast shrapnel into the passenger compartment when triggered in a crash.
Hyundai, Nissan Accused of Cheating on China’s “Green” Subsidies
9/9/2016Chinese investigators say Hyundai and Nissan are among vehicle producers accused of cheating a government program that subsidizes electric and plug-in hybrid vehicles, the official Securities Daily newspaper reports.
Report: Takata Will Take Bids from Rescuers Next Week
9/9/2016Takata Corp. excepts to review initial bids on Sept. 19 from as many as seven financial investors, sources tell Reuters.
Kia Launches Front-Wheel-Drive 8-Speed Transmission
9/9/2016Kia Motors Corp. has developed an 8-speed automatic transmission for front-wheel-drive vehicles.
Karma Revero Plug-In Gets Fast Charger
9/9/2016Karma Automotive LLC’s new Revero plug-in hybrid sedan will include a DC fast-charging system that can replenish 80% of the car’s lithium-ion battery capacity within 24 minutes.
XIO Group Completes Acquisition of J.D. Power
9/9/2016XIO Group, the London-based equity group, has completed its $1.1 billion acquisition of California market researcher J.D.
Lexus Previews Sleek Crossover Concept
9/8/2016Toyota Motor Corp.’s Lexus luxury arm released a photo of the sporty UX crossover/SUV concept ahead of the vehicle’s public unveiling later this month at the Paris auto show.
India Trade Group Raises Car Outlook as Sales Surge
9/8/2016Sales of passenger vehicles in India are back on track to expand as much as 12% in the fiscal year ending March 31, the Society of Indian Automobile Manufacturers says.
Ford Partners with Three Mobility Startups
9/8/2016Ford Motor Co. has formed alliances with a trio of startups that are developing advanced mobility services for connected and shared-ride vehicles.
India’s Mahindra Partners with Ola Ride-Hailing Service
9/8/2016SUV maker Mahindra & Mahindra Ltd. has partnered with Ola, India's largest smartphone-based ride-hailing service, to sell 40,000 vehicles at reduced prices to Ola’s independent drivers over the next two years.