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Ford of Europe Appoints New CFO
8/1/2016Will Periam has been named chief financial officer for Ford of Europe, effective today.
Delphi to Launch Autonomous Vehicle Ride-Hailing Test in Singapore
8/1/2016Next year Delphi Automotive plc will begin testing a fleet of six autonomous vehicles in a ride-hailing program in Singapore.
Nissan Targets Work Truck Market with 2-Door Titan
8/1/2016Nissan Motor Co. is adding a two-door version of its Titan fullsize pickup truck to better compete in the U.S. commercial vehicle segment, which has long been dominated by U.S. Big 3 carmakers.
Opel Cleared on Diesel Emission Shut-Off System
8/1/2016Germany’s KBA transport authority has cleared Opel AG of wrongdoing in equipping vehicles with 2.0-liter diesels that shut off their emission controls under certain operating conditions, Bild am Sonntag reports.
Eurozone Growth Slows to 0.3%
8/1/2016The eurozone’s gross domestic product expanded by a seasonally adjusted 0.3% from the first to second quarter, half the pace of the previous period, according to Eurostat.
California to Begin Testing VW Diesel Fixes
8/1/2016The California Air Resources Board tells Reuters it will soon begin testing an array of updates Volkswagen AG says could enable three generations of its 2-liter diesel engines in the U.S. to meet emission standards.
American Axle Hikes Net Income 21%
8/1/2016American Axle & Manufacturing Inc. reports its second-quarter revenue rose 2% to $1 billion, and net income jumped 21% to $71 million.
U.S. Extends Oversight on FCA’s Safety Recall Process
8/1/2016Fiat Chrysler Automobiles NV has been ordered to submit to an additional year of U.S. monitoring of its efforts to address shortcomings in its safety recall procedures.
DOE Battery Consortium Aims to Triple EV Energy Capacity
7/29/2016The recently announced Battery500 consortium backed by the U.S. Dept. of Energy aims to nearly triple the specific energy of lithium-ion batteries in five years.
Denso’s Quarterly Revenue, Profits Drop
7/29/2016Unfavorable exchange rates cut a sales gain into a revenue decline for Denso Corp. in its fiscal first quarter ended March 31.