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France Vows to Cut Stake in Renault
11/11/2015The French government is “not far” from reducing its stake in Renault SA to its former 15% from the current 19.7%, according to Economy Minister Emmanuel Macron.
EU Orders VW to Supply Data on CO2 Test Errors
11/11/2015The European Union has given Volkswagen AG 10 days to produce details about the “irregularities” the company found in carbon dioxide emission ratings for 800,000 of its SEAT, Skoda and VW brand cars sold in Europe.
Takata Crisis Gives Rival Autoliv Entre to Japan Market
11/11/2015Autoliv Inc., already the world’s largest airbag supplier, is poised to expand in Japan, its weakest market.
Light-Vehicle Sales in Russia Plummet 39%
11/11/2015October demand for passenger cars and light commercial vehicles in Russia sagged to 130,000 units from 211,400 a year earlier, according to the Moscow-based Assn. of European Businesses.
VW Hires Apple Exec to Head Digital Strategy
11/10/2015Volkswagen AG has hired Johann Jungwirth, who reportedly had been working on Apple Inc.’s secretive Titan electric car program, as head of digitalization strategy, according to the company.
Porsche SE Profit Plunges on VW Diesel Scandal
11/10/2015The impact of Volkswagen AG’s diesel emission scandal cut profits for its controlling shareholder, Porsche Automobil Holding SE, by half in the first nine months of 2015.
Europe to Test Automated Brakes for Pedestrian Safety
11/10/2015The European New Car Assessment Program (NCAP) next year will add new ratings for vehicles equipped with automatic emergency braking systems that detect and counter potential collisions with pedestrians.
Panoz Restores 1997 Esperante Supercar
11/10/2015Braselton, Ga.-based Panoz LLC says it has fully restored the last remaining Esperante GTR-1 Le Mans homologation special model.
GM Diesel Pickups Top 30 mpg on Highway
11/10/2015The diesel versions of General Motors Co.’s Chevrolet Colorado/GMC Canyon midsize pickup trucks have received a 31 mpg highway fuel efficiency rating from the U.S.
Cadillac Beefs Up Crossover Lineup with New XT5
11/10/2015General Motors Co.’s new Cadillac XT5 midsize crossover vehicle is lighter and more spacious than the SRX model it replaces.