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Aluminum Diet on Tap for Next Mercedes C-Class?
8/2/2016Daimler AG’s Mercedes-Benz unit is working with suppliers to reduce the weight of future models by developing advanced component joining technologies to optimize material usage, including aluminum.
Toyota Acquires 100% of Daihatsu
8/2/2016Toyota Motor Corp., which already owned 51% of Daihatsu Motor Co., has purchased the company outright through an equity swap.
75% of Diesesl Flunk French Emission Check
8/2/2016France’s environmental ministry says about 75% of 86 diesel-powered models it tested exceeded their allowable carbon dioxide and nitrogen oxides limits by at least 20%.
Daimler Hikes State in Uber Rival Blacklane
8/2/2016Daimler AG has boosted its investment in Blacklane GmbH, a German-based car-hailing rival to Uber Technologies Inc.
UPDATE: South Korea Bans VW Diesels, Fines Company $16 Million
8/2/2016South Korea’s environment ministry accused Volkswagen Group of forging documents about noise and emission tests, banned the sale of 80 diesel models and fined the company 17.8 billion won ($16 million).
DiDi Chuxing Agrees to Acquire Uber’s China Unit
8/1/2016DiDi Chuxing, China’s largest ride-share and taxi-hailing service, has reached a deal to buy the Chinese assets of Uber Technologies Inc.’s ride-hailing service.
Mitsubishi Electric Adds Weather Updates to Navigation System
8/1/2016Mitsubishi Electric Automotive America Inc. (MEAA) is adding real-time weather updating capability to its FlexConnect infotainment technology.
GM Says China’s Car Market Will Reach 30 Million by 2020
8/1/2016A bullish General Motors Co. predicts China’s passenger vehicle market will grow to about 30 million units in 2020 from 24.6 million light vehicles last year.
Bugatti Ponders More Models
8/1/2016Volkswagen AG’s Bugatti unit is looking to add one or more vehicles to its single-vehicle lineup that consists of only the Chiron supercar, which replaces the Veyron later this year.
Tesla Offers $2.6 Billion for SolarCity
8/1/2016Home solar panel maker SolarCity Corp. has agreed to be acquired by Tesla Motors Inc. in an all-stock deal worth about $2.6 billion.