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Daimler Cuts 2013 Outlook After 60% Earnings Plunge
4/24/2013Daimler AG's net profit tumbled to €564 million ($736 million) in the first quarter of this year from €1.4 billion ($1.9 billion) in the same period of 2012.
Conti, Delphi Among Bidders for JCI Electronics Unit
4/24/2013Johnson Controls Inc. has received separate bids for its automotive electronics unit this month from Delphi Automotive and Continental AG, Bloomberg News reports.
Johnson Controls Profit Tumbles 61%
4/24/2013Johnson Controls Inc. netted $148 million in the fiscal second quarter ended March 31 compared with $379 million a year earlier.
SAE Team Affirms Safety of “Green” Refrigerant
4/24/2013An SAE International team says the European Union's newly mandated automotive refrigerant is safe and effective.
Report: U.S. EV Population Will Top at Least 5 Million by 2035
4/24/2013The number of electrically powered light-duty vehicles on U.S. roads will surpass 5.3 million units by 2035 and could reach six times that volume with the help of cheaper and more powerful batteries.
BMW, NTU Open Future Mobility Lab in Singapore
4/24/2013BMW AG and Nanyang Technological University have opened a new Future Mobility Research Lab in Singapore.
SAE Panel Says It’s Official: New Refrigerant Is Safe
4/24/2013A group convened by SAE International late last year has declared the automotive refrigerant R-1234yf "safety and effective."
U.S. Definition of Excessive Fuel Prices: $3.44 Per Gallon
4/23/2013More than half of American adults define gasoline prices as "too high" when they reach $3.44 per gallon, according to a new price index developed by AAA.
Isuzu to Sell Its Stake in Polish Engine Plant to GM
4/23/2013General Motors Co. has agreed to buy the 40% of an engine factory in Tychy, Poland, that it doesn't already own from joint venture partner Isuzu Motors Co.
NHTSA Proposes Guidelines to Reduce Driver Distraction
4/23/2013U.S. safety officials are encouraging carmakers to configure in-car controls in such a way that the driver's gaze is averted from the road for no more than two seconds per task.