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BMW Workers Test Robo Suits at S. Carolina Plant
6/28/2016Workers at BMW AG’s Spartanburg, S.C., assembly plant have begun testing an “ekso vest” to help reduce muscle strain and fatigue.
FCA’s Electronic Gear Shifter Linked to 266 Crashes, 68 Injuries
6/28/2016The confusing gearshift system being recalled by Fiat Chrysler Automobiles NV has been linked to 266 crashes and 68 injuries in the U.S., according to an investigation by the U.S.
UPDATE: VW Announces $15.3 Billion Settlement on U.S. Diesel Scandal
6/28/2016Volkswagen AG has confirmed a $15.3 billion agreement to resolve fines and lawsuits involving about 475,000 vehicles sold in the U.S. with 2.0-liter 4-cylinder diesels that were rigged to evade emission standards for nitrogen oxides.
U.S. Version of Top Gear Canceled
6/28/2016The History Channel is pulling the plug on the U.S. version of "Top Gear" after six seasons with the final episode due to air Tuesday night.
Aston Martin to Reveal New Hypercar Next Week
6/28/2016Aston Martin Lagonda Ltd. will unveil its new hybrid supercar on July 5 at its headquarters in Gaydon, England.
U.S. Economy Grew 1.1% in First Quarter
6/28/2016America’s real gross domestic product increased at an annual rate of 1.1% in the first quarter of 2015, not 0.8% as previously estimated, according to the U.S.
Indonesian Dealers Seek Aid As Ford Exits Market
6/28/2016Ford Motor Co. dealers in Indonesia want about $75 million in compensation after the company announced in January it is closing down operations in the country.
Takata’s CEO Confirms Plan to Step Down
6/28/2016Shigehisa Takata, CEO of beleaguered airbag suppliers Takata Corp., confirmed earlier today he will resign as soon as the company finds a financial backer and installs a new management team.
Lincoln to Launch Free Customer Service Pickup in U.S.
6/28/2016Next year Ford Motor Co.’s Lincoln luxury brand will begin offering its U.S. customers free home pickup and delivery of their vehicles—and a comparable loaner—when their vehicles need maintenance or other service work.
Lyft Hires Investment Bank Qatalyst Partners
6/28/2016Ride-hailing service Lyft Inc. has hired investment bank Qatalyst Partners LP, sources tell The Wall Street Journal.