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Porsche Panamera Sedan Sets Ring Record
6/30/2016Porsche AG’s all-new Panamera Turbo has set a new track record for a luxury sedan at Germany’s famed Nurburgring Nordschleife course with a time of 7 minutes and 38 seconds.
Eurozone Inflation Turns Slightly Positive
6/30/2016Inflation in the eurozone rose 0.1% in June from a negative 0.1% in May, according to Eurostat. The region’s statistical service says the turnaround was driven primarily by rising oil prices.
GM Remains Optimistic After Brexit
6/30/2016General Motors Co. hasn’t changed its 2016 projections for Europe and the U.S. following last week’s vote by Great Britain to leave the European Union.
Daimler Aims to Control Tire Temperature
6/30/2016Daimler AG has applied for a patent in the U.K. for a system that sprays water on a vehicle's tires to help clear off ice and snow that can cause loss of traction during winter driving.
U.S. Consumers Favor Silicon Valley to Supply the Brains for Self-Driving Cars
6/30/2016American consumers prefer Detroit carmakers to build self-driving cars, but they prefer Silicon Valley to supply the brains that will enable such vehicles to function properly, according to a poll by Southfield, Mich.-based consultants AlixPartners LLP.
EU Rules Out Single-Market Access for U.K.
6/30/2016The European Union’s leadership says the U.K., which has voted to leave the bloc, cannot expect continued access to the region as a single market—unless it accepts the EU’s rules on free movement among its 27 members.
Carmakers Urge India to Lift Diesel Ban
6/30/2016Mercedes-Benz and Toyota are asking the country’s Supreme Court to lift a ban on the sale of vehicles powered by diesels displacing more than 2.0 liters.
Japanese Models Top “Most-American” List
6/29/2016The five most “American” models sold in the U.S. in terms of local content and labor all carry Japanese brands, says Cars.com.
GM Cuts OnStar Data Plan Price by 50%
6/29/2016General Motors Co. is dropping prices by 50% for the 4G LTE data packages used by its OnStar customers in the U.S. for in-car Internet access.
Brexit Could Cut Global Car Sales by 2.8 Million Units
6/29/2016Great Britain’s decision to leave the European Union will trim global passenger vehicle sales by more than 2.8 million units through the end of next year, market researcher IHS Automotive predicts.