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Nissan Opens Tech Center in Thailand
4/29/2016Nissan Motor Co. has formally opened a 1 billion-baht ($29 million) research and test center in Thailand.
Study: Carmakers Don’t Do Enough to Attract Women to Industry
4/29/2016About 19 in 20 business leaders agree the auto industry needs the diversity of thought and experience gained by increasing its proportion of women executives.
VW Begins German Recall for Golf Diesels
4/29/2016Volkswagen AG has been cleared by KBA, Germany’s motor transport authority, to begin repairing Golf hatchback cars that were equipped with diesels rigged to circumvent emission standards.
Younger Consumers More Trusting of Auto Tech
4/29/2016U.S. consumers born after 1976 are far more trusting of technologies that will enable self-driving cars than are those born before 1964, according to J.D.
Denso’s Fiscal-Year Profit Slides
4/28/2016Denso Corp. says its consolidated operating profit fell 5% to 315.7 billion yen ($2.8 billion) in the fiscal year ended March 31.
BorgWarner’s Quarterly Revenue Grows 14%
4/28/2016BorgWarner Inc. reports its first-quarter revenue rose 14% to $2.3 billion, thanks in large part to the effect of last November’s acquisition of Remy International Inc.
Tower International Cancels European Sale
4/28/2016Tower International Inc. says Europe’s reviving auto market has prompted it to cancel plans to sell its business unit there.
Ford Plans “Model E” Electric Car
4/28/2016CEO Mark Fields confirms Ford Motor Co. is developing an all-electric car to compete with such upcoming rivals as the Chevrolet Bolt and Tesla Model 3 EVs.
Ford Reports Record First Quarter
4/28/2016Ford Motor Co.’s pretax profit in the first quarter jumped 55% to a record $3.8 billion, fueled by booming demand for its F-150 pickup truck and redesigned lineup of crossover vehicles.
VW Eyes New Mobility Partners—But Not Google or Apple
4/28/2016Volkswagen AG is in “advanced” discussions with several companies about potential partnerships to help the carmaker develop and introduce future mobility technologies and services, CEO Matthias Mueller says.