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Thai Energy Giant, Carmakers Partner to Develop EV Market
8/17/2016PTT Plc, Thailand’s state-owned oil and gas company, has signed a deal with six carmakers in the country to help develop a domestic market for electric vehicles, the Bangkok Post reports.
Nissan Aims to Hike Rogue Production in S. Korea
8/17/2016Nissan Motor Co. has asked its South Korean unit to boost output of the company’s popular Rogue SUV as shifting exchange rates make the country a more attractive export base.
Infiniti Touts Low-Cost Alternative to Diesels
8/16/2016Nissan Motor Co.’s Infiniti arm says turbocharged 4-cylinder gasoline engines outfitted with its new variable compression technology can equal the fuel efficiency of a diesel engine at a much lower cost.
U.S. Finalizes Fuel Economy Targets for Highway Trucks
8/16/2016New highway trucks in the U.S. must become about 25% more fuel efficient by 2027 under new carbon dioxide emission limits announced earlier today by the Environmental Protection Agency and U.S.
Ford Vows to Launch Driverless Car by 2021
8/16/2016Ford Motor Co. says it expects to put a “fully autonomous” vehicle into commercial operation for ride-hailing or ride-sharing services by 2021.
Economic Sentiment Revives in Germany
8/16/2016Financial experts in Germany have turned more optimistic about the country’s economy, according to the closely watched ZEW Indicator of Economic Sentiment.
Honda: Tax Amnesty Could Hike Car Sales 20% in Indonesia
8/16/2016Indonesia’s amnesty plan to return undeclared assets held overseas could generate a 20% jump in new-car sales in the country, a Honda Motor Co. sales chief tells Bloomberg News.
Visteon Names Garcia as CFO
8/16/2016Visteon Corp. has appointed Christian Garcia as executive vice president and chief financial officer, effective Oct. 1.
Norway Denies Plan to Ban Piston Engine Sales by 2025
8/16/2016Norway’s transport ministry denies a fresh media report that the country aims to prohibit the sale of piston-powered vehicles by 2025.
VW to Work with German Researchers to Improve EV Performance
8/16/2016Volkswagen AG is partnering with electric motor specialist Anhaltische Elektromotorenwerk (AEM) Dessau GmbH and researchers at Otto von Guericke Universitat in Magdeburg, Germany, to increase the driving range of electric vehicles.