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IEEE Expands Automotive Ethernet Bandwidth
3/15/2016The Institute of Electrical and Electronics Engineers (IEEE) has approved a new Ethernet standard to increase available bandwidth and improve the performance of the growing number of infotainment and driver-assist technologies.
Schaeffler Posts Higher Revenue, Pretax Earnings
3/15/2016Schaeffler AG increased revenue 9% to €13.2 billion ($14.6 billion), led by 11% growth in the German high-tech bearing supplier’s automotive operations.
Developers Tout New Biometric Sensor Technology
3/15/2016Neteera Technologies Ltd., a startup spun-off from the Hebrew University of Jerusalem’s Yissum Research Development arm, says it has developed a new biometric sensing technology for personal identification and health monitoring that it plans to launch next year.
Toyota Teases Next Prius “Mechanical Marvel”
3/15/2016Toyota Motor Corp. will unveil a new variant of its Prius hybrid car next week at the New York auto show.
GM Launches Short-Term Rental Plan for Lyft Ride-Share Drivers
3/15/2016Today General Motors Co. is launching Express Drive, a special car rental program for Lyft Inc. ride-share drivers, in San Francisco.
Second GM Ignition Switch Bellwether Lawsuit Begins
3/15/2016This week marks the start of the second of six trials designed to test courtroom strategies involving hundreds of lawsuits filed about defective General Motors Co. ignition switches.
Mazda Readies China-Only CX-4 Sporty Crossover
3/15/2016Mazda Motor Corp. will introduce a sporty new crossover, the CX-4, at the Beijing auto show next month that will be produced locally and sold only in China.
Nissan Recalls Leaf EVs to Fix Brake Flaw
3/15/2016Nissan Motor Co. is preparing to recall more than 47,000 Leaf electric sedans in the U.S. and Canada to repair a brake booster relay that could freeze after being parked in extremely cold weather.
S&P Raises Ford Credit Rating
3/14/2016Standard & Poor’s Ratings Services has raised its credit rating for Ford Motor Co. one notch to BBB, which is two levels above the firm's lowest investment grade.
Eurozone Production Climbs 2.1%
3/14/2016Industrial production across the 19-member eurozone grew 2.1% from December to January, reversing two previous months of decline, Eurostat reports.