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GM More than Doubles Second-Quarter Profits
7/21/2016General Motors Co. reports its net income in the second quarter of 2016 zoomed to $2.9 billion from $1.1 billion in the same period last year, even though wholesales were flat at 2.4 million cars and trucks.
Ford Syncs Smartphone App Development Tool
7/21/2016Ford Motor Co. is launching a free tool for smartphone app developers to encourage new features for the carmaker’s Sync 3 communications and entertainment system.
Infiniti Readies Variable Compression Engine
7/21/2016Nissan Motor Co.’s Infiniti unit is developing a variable-compression-ratio (VCR) engine that it claims will provide the performance of a gasoline-powered V-6 with the fuel-efficiency of a 2.0-liter diesel.
Honda Feeling Its Way on Smart Car Technology
7/21/2016As part of its new artificial intelligence research center near Tokyo, Honda Motor Co. is partnering with Japan’s SoftBank Corp. and its Cocoro subsidiary to further develop that company’s “emotion engine” technology, which the partners say allows machines to recognize and react to a driver's emotions.
BMW Reevaluating Pickups
7/21/2016BMW AG, which ruled out the pickup truck market as recently as last year, is taking another look at the potential for a Bimmer truck.
Tesla's Vision: More EVs, Automated Buses, Advanced Solar Storage
7/21/2016CEO Elon Musk says the phase-two business plan for Tesla Motors Inc. calls for a broad expansion of the company’s electric-vehicle lineup, more advanced self-driving capabilities and the debut of a fully integrated home solar energy storage system.
U.S. Fines Japanese Supplier $130 Million in Price-Fixing Probe
7/21/2016Japan’s Nishikawa Rubber Co. has agreed to plead guilty of conspiring to fix prices on auto body sealing products sold in North America to Honda, Subaru and Toyota.
Partners Launch Electric and Hybrid Bus JV in India
7/21/2016Indian auto parts maker JBM Auto Ltd. and Poland’s Solaris Bus & Coach SA have launched a $45 million joint venture in India to make electric and hybrid buses for the Indian market.
FCA Creates New Technical Compliance Officer Role
7/21/2016Fiat Chrysler Automobiles NV has named Mark Chernoby as chief technical compliance officer, a new position in the company, effective immediately.
EC Turns Up the Pressure on VW to Compensate Diesel Owners
7/20/2016The European Commission is coordinating with consumer groups and EU member regulators to push Volkswagen AG to pay compensation to 8.5 million customers in Europe who bought vehicles equipped with diesels that had been doctored to evade emission limits.