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Car Sales in U.K. Flat in July, Up 3% in August
9/6/2016New-car registrations in the U.K. rose 3% to 81,600 units in August, as a 7% rise in fleet volume offset a slight dip in retail sales, the Society of Motor Manufacturers and Traders Ltd. reports.
Canadian Union Chooses GM as Strike Target
9/6/2016Unifor, the union that represents hourly auto workers in Canada, has selected General Motors Co. as its strike target.
China Urged to Continue 50% Ownership Cap on Auto Ventures
9/6/2016China should continue its 50% limit on foreign ownership of carmaking ventures for at least five years, the state-backed China Assn. of Automobile Manufacturers tells Bloomberg News.
Genesis G90 Sedan to Start at $69,000
9/6/2016Hyundai Motor Co.’s Genesis sub-brand will price its new G90 flagship sedan, which replaces the outgoing Hyundai Equus, at $69,000 when the 2017 model hits dealerships at the end of the month.
JCI Completes Merger with Tyco
9/6/2016Johnson Controls Inc. has finalized its acquisition of Tyco International plc.
Land Rover Teases All-New Discovery SUV
9/6/2016Land Rover Ltd has released a photo of the all-new Discovery SUV ahead of its public introduction later this month at the Paris auto show.
Caddy Performance Models Will Include Free Track Training
9/6/2016General Motors Co.’s Cadillac arm says buyers of the “V-Series” performance variants of its CTS sedan and ATS coupe and sedan can attend free 1- or 2-day driver training programs at the Spring Mountain Motor Resort near Las Vegas.
Volvo, Autoliv to Partner on Autonomous Driving Tech
9/6/2016Volvo Car Corp. and Autoliv Inc. are forming a joint venture to develop software for self-driving vehicles.
UPDATE: VW Acquires 17% of Navistar
9/6/2016Volkswagen Group intends to become an equity partner in Navistar International Corp. by spending roughly $200 million to acquire about 17% of the Lisle, Ill.-based commercial truckmaker, according to media reports.
Import Sales in S. Korea Drop 13%
9/6/2016Sales of imported new cars in South Korea shrank to 15,900 units in August from 18,200 in the same month last year, according to the Korea Automobile Importers and Distributors Assn.