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Repurposed Volt Batteries Power GM Data Center
6/16/2015General Motors Co. is using five used lithium-ion batteries from retired Chevrolet Volt electric vehicles to help power a new enterprise data center at the company's proving grounds in Milford, Mich.
Report: Daimler to Sell Some German Dealerships to Chinese Firm
6/16/2015Daimler AG has agreed to sell an unspecified number of its Mercedes-Benz dealerships in eastern Germany to Lei Shing Hong Ltd., a China-based conglomerate that retails luxury cars in northeast Asia, the Stuttgarter Zeitung reports.
Audi’s Top Engine Chief Quits
6/16/2015Stefan Knirsch, a former Porsche AG executive who led Audi AG's powertrain development team for nearly two years, has suddenly left the company.
Toyota Expands Takata Airbag Inflator Recall
6/16/2015Toyota Motor Corp., which previously recalled nearly 1.6 million vehicles in the U.S. to replace passenger-side Takata Corp. airbag inflators that could explode, is adding 1.37 million more such devices to its callback.
Tycoon Kirk Kerkorian Dies at 98
6/16/2015Investor Kirk Kerkorian, who twice tried to acquire Chrysler and attempted to engineer a three-way tie-up between General Motors and the Renault-Nissan alliance, has died at age 98.
Toyota Shareholders Approve Unlisted Stock Plan
6/16/2015Toyota Motor Corp. shareholders have okayed a new type of stock intended to attract more long-term investors.
Economic Sentiment Drops Again in Germany
6/16/2015Worries about Greece and slow global economic growth have lowered optimism about the Germany's economic growth for the third consecutive month, according to the closely watched ZEW Indicator of Economic Sentiment for the country.
Sales Growth Slows to 1% in Europe
6/16/2015Passenger vehicle deliveries in Europe expanded to 1.15 million in May from 1.14 million in the same period last year, trade group ACEA reports.
Tesla Plans Sedan, Crossover Versions of Model 3 EV
6/16/2015Tesla Motors Inc. says its $35,000 Model 3 electric sedan due in 2017 will be joined by a crossover variant, doubling the company's lineup to four models, The Wall Street Journal reports.
OPEC Hikes Oil Production
6/16/2015Output of crude oil by the Organization of the Petroleum Exporting Countries rose to a 32-month high of 31.1 million barrels per day in May, according to McGraw Hill Financial's Platts energy data service.