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BMW Shows Autonomous Car Concept
3/7/2016BMW AG revealed the first of four new concept vehicles it plans to introduce this year in conjunction with the company’s 100th anniversary.
China Ponders Rules for Low-Speed EVs
3/7/2016China is reviewing proposals that would create regulations for low-speed electric vehicles, at least in the country’s largest cities, Bloomberg News reports.
U.S. Lease Sales Set Record in February
3/7/2016A record one-third of passenger cars and light trucks sold in the U.S. in February were leased, according to market analysts J.D.
Mahindra Shifts SsangYong Focus from U.S. to China
3/7/2016India’s Mahindra & Mahindra Ltd. has suspended plans to introduce its South Korean SsangYong brand in the U.S.
China’s Jianghuai Auto in Venture Talks with VW
3/7/2016The head of Anhui Jianghuai Automobile Co. Ltd. tells Bloomberg News the Chinese carmaker is discussing a joint venture with Volkswagen AG.
New Subaru Global Platform Takes Shape
3/7/2016Subaru-maker Fuji Heavy Industries Inc. has taken the wraps off a new global platform that is expected to carry virtually all future Subaru models—including hybrids, plug-in hybrids and all-electric vehicles—through 2025.
AvtoVAZ CEO Andersson to Step Down
3/7/2016As expected, Bo Andersson is leaving OAO AvtoVAZ after more than two tumultuous years as CEO of Russia’s largest carmaker.
Ford Sales in China Fell 9% in February
3/7/2016Ford Motor Co. reports it sold 63,400 vehicles in China last month compared with 69,600 in February 2914.
Zetsche: Viable EVs Need 500-km Range
3/7/2016Daimler AG CEO Dieter Zetsche says electric vehicles aren’t likely to gain broad consumer acceptance until they can travel 500 km (310 miles) per charge.
Toyota Will Unveil Next-Generation Manufacturing System in Mexico
3/7/2016The factory Toyota Motor Corp. plans to open in Guanajuato, Mexico, in 2019 will debut a dramatically new way of making vehicles, according to Executive Vice President Didier Leroy.