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FCA Plans Layoffs at Minivan Plant in Serbia
6/15/2016Fiat Chrysler Automobiles NV plans to drop one of three production shifts at its venture in Kragujevac, Serbia, that makes the Fiat 500L minivan.
Daimler Confirms Talks on Car Plant in Russia
6/15/2016Daimler AG confirms it is in discussions with the Russian government to set up a factory to assemble Mercedes-Benz SUVs from kits.
Skoda Teases New SUV
6/15/2016Volkswagen AG’s Skoda unit has released front and rear renderings of its upcoming Kodiaq SUV. The new SUV—a first for the Czech marque—will be unveiled in September and is expected to arrive in European dealerships by year-end.
Bentley Sports Car May Be Named Barnato
6/15/2016Volkswagen AG’s Bentley unit may call the expected production version of its EXP 10 Speed concept car the Barnato in homage to former owner and racing champ Woolf “Babe” Barnato.
Daimler Touts Potential of Lithium-Sulfur Batteries
6/15/2016Daimler AG expects to make significant improvements in battery technology for electrified vehicles in coming years as new chemistries begin to supplant current lithium-ion systems.
Uber Targets Another $2 Billion in Funding
6/15/2016Uber Technologies Inc., which earlier this month secured $3.5 million from Saudi Arabia’s investment fund, is seeking additional money to help it expand in global markets and fend off new competitors.
TI Automotive Opens Third Fuel Tank Plant in China
6/15/2016TI Automotive Ltd. has opened a new fuel tank systems production facility in Baoding, China.
FCA Gets $67 Million from Canada for Windsor Upgrades
6/15/2016The Ontario government has pledged to give Fiat Chrysler Automobiles NV as much as C$86 million ($67 million) to support the carmaker’s Windsor plant, which produces the Chrysler Pacifica minivan.
Diesel-Electric Jag in the Works?
6/15/2016Jaguar Ltd. is developing a diesel-electric crossover vehicle that it plans to launch around 2020, Autocar reports.
Gett Founder Predicts Huge Surge in Ride-Hailing
6/15/2016In 10 years, ride-hailing services will account for half the passenger miles covered by cars, predicts the bullish founder and CEO of Gett, the Israeli car-hailing startup that formed a strategic partnership last month with Volkswagen AG.