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Toshiba Touts Wireless Battery Charging System
6/3/2016Toshiba Corp. has developed a wireless battery charging system for electric vehicles that it plans to test in electric buses this year in Japan.
New Audi A5 Breaks Cover
6/3/2016Audi AG took the wraps off the second-generation A5 coupe and its S5 performance variant last night at its headquarters in Ingolstadt, Germany.
Canadian Auto Union Says New Investment is Top Bargaining Goal
6/3/2016Canadian labor union Unifor says winning commitments from carmakers to hike their investments in the country will be its top priority when contract talks begin this summer.
Car Leasing at All-Time High in U.S.
6/3/2016Leasing accounted for a record 31% of all new-vehicle deliveries in the U.S. during the first quarter of 2016, says credit data provider Experian Automotive.
Apple Hires Satellite Nav System Expert from Harman
6/3/2016Apple Inc. has hired the software engineer who designed satellite navigation systems for Audi, BMW and Mercedes-Benz, Bloomberg News reports.
OPEC Again Fails to Cap Oil Production
6/2/2016The Organization of the Petroleum Exporting Countries has again declined to set output limits for its members.
Volvo Concept Truck Cuts Fuel Consumption by 30%
6/2/2016Volvo Group’s heavy-truck operations says its new concept tractor-trailer reduces fuel consumption by more than 30%.
Valeo Buys German Clutch Maker FTE Automotive
6/2/2016Valeo SA has agreed to purchase FTE Automotive GmbH, the German maker of brake and clutch actuators, from Bain Capital Private Equity, for €819 million ($914 million). FTE was founded in 1943.
BMW Turns “i” EV Unit into Autonomous Car Center
6/2/2016BMW AG tells Reuters it has restructured its “i” division, originally set up to promote electric and hybrid models, to develop technologies for self-driving cars instead.
ACEA Raises Sales Outlook for EU
6/2/2016Passenger car sales in the European Union will grow 5% to 14.4 million units this year, more than double the pace predicted in January, according to ACEA.