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Chrysler to Expand 8-Speed Gearbox Output
12/9/2014Fiat Chrysler Automobiles NV is expected to spend $266 million to hike capacity to build 8-speed automatic transmissions for rear-drive vehicles at its plant in Kokomo, Ind., according to media reports.
Oil Prices Fall to New 5-Year Low
12/9/2014Crude oil prices fell another 4% on Monday, accelerating a decline that began six months ago.
Autoliv Will Make “Millions” of Replacement Airbag Inflators
12/9/2014Autoliv airbag inflator Autoliv Inc. tells Automotive News it will be ready in about six months to supply millions of airbag inflators to replace faulty units built by rival Takata Corp.
Subaru Prepares to Relocate U.S. Headquarters
12/9/2014Current Subaru Headquarters Subaru of America Inc. says it will decide by April about moving its current headquarters to a larger site in Camden, N.J.
Audi Plans Plug-in Diesel Next Year
12/9/2014Audi AG intends to offer a plug-in hybrid diesel powertrain for its large Q7 crossover vehicle in 2015, an unnamed company source tells Automotive News Europe.
Ford May Reintroduce CVTs
12/9/2014Ford Fiesta Ford Motor Co. tells reporters it is revisiting the idea of using continuously variable transmissions in low-torque applications.
Japan’s Recession Worse That Forecast
12/9/2014Japan's gross domestic product shrunk by an adjusted 1.9% from April-June to July-September periods, deeper than the 1.6% shrinkage estimated previously by the government.
New VW Crossover Concept to Debut at Detroit Auto Show
12/9/2014VW's crossover concept Volkswagen AG will use next month's Detroit auto show to unveil a concept for a small five-passenger variant of the seven-passenger crossover it will begin making in Tennessee in 2016, sources tell Reuters.
Volvo Touts T8 as World’s Cleanest and Most Powerful Crossover
12/9/2014Volvo Car Corp. says its new XC90 T8 hybrid luxury crossover is the most powerful and cleanest-running vehicle in its category.
Carmakers Balk at New EU Emission Limits
12/9/2014The European Commission is expected today to address next steps in automotive emissions as it looks for ways to meet its target of lowering greenhouse gases 40% by 2030 compared with 1990 levels.