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Lotus Readies Lighter, More Nimble Evora
2/25/2016Group Lotus plc says its new Evora Sport 410 sports car is 154 lbs lighter than the outgoing Evora 400. The savings come from a variety of carbon fiber components, including the front splitter, roof panel and rear diffuser.
Visteon Swings to Net Profit
2/25/2016Visteon Corp.’s net income in the fourth quarter of 2015 swung to a $21 million profit from a $138 million loss in the same period a year earlier.
New Ford Headlights Set the Mood
2/25/2016Ford Motor Co. says its new “Crystal Diamond” light-emitting-diode headlights are less likely to put oncoming drivers in a bad mood.
Zipcar Adds Flexibility
2/25/2016To keep pace with new rivals, Zipcar Inc. is adding more flexible booking and travel options to its car-sharing service.
IMF Warns of Weakening Global Economy
2/25/2016The world economy continues to weaken and is becoming “highly vulnerable” to shock, warns the International Monetary Fund.
PSA Ready to Consider Partnerships Again
2/25/2016PSA Peugeot Citroen, energized by strong financial results in 2015, says it is again ready to discuss partnering with other carmakers.
U.S. Hearing to Update Status of 500 VW Diesel Lawsuits
2/25/2016A hearing today in a U.S. District Court in San Francisco will report on the status of efforts to resolve some 500 lawsuits filed against Volkswagen AG and others over the carmaker’s sale of 580,000 diesels that were rigged to evade emission limits.
Carmakers Urge U.K. Not to Leave the EU
2/25/2016Daimler, Ford and Nissan concur with Prime Minister David Cameron that the U.K. should not quit the European Union.
Tesla Claims GM Is Blocking Its Sales in Indiana
2/24/2016Tesla Motors Inc. says General Motors Co. is backing legislation that would cancel the electric carmaker’s ability to sell cars directly to buyers in Indiana, Bloomberg News reports.
Honda Names New Chief in India
2/24/2016Honda Motor Co. has named Yoichiro Ueno to take over on April 1 as president and CEO of its operations in India.