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Cost of Shanghai License Plate Soars to $9,700
4/17/2012The average price for a permanent license plate for a passenger vehicle in Shanghai reached a record 61,600 yuan ($9,700) at an auction on Saturday, up 5% from a month ago.
Carmakers, Suppliers to Discuss Resin Crisis
4/16/2012Executives from carmakers and auto suppliers are holding an emergency meeting in suburban Detroit on Tuesday to discuss the global shortage of PA-12 resin caused by a fatal explosion at an Evonik Industries plant in Germany on March 31.
Suppliers, Carmakers to Meet on Resin Crisis
4/16/2012Auto suppliers and vehicle producers are meeting in suburban Detroit on Tuesday to discuss the global shortage of PA-12 resin caused by a fatal explosion at an Evonik Industries plant in Germany on March 31.
EVs Could Save $1,200 on Fuel Per Year
4/16/2012Driving an electric vehicle instead of a gasoline-powered car in the U.S. could save its owner an average $1,200 per year in fuel costs, according to the Union of Concerned Scientists.
Ford Plans Radical Design Change for Mustang
4/16/2012Ford Motor Co.'s next-generation Mustang sport coupe will abandon the iconic car's nearly 50-year-old design cues and adopt an entirely new look, according to The Wall Street Journal.
Hyundai to Boost Diesel Car Output in India
4/16/2012Hyundai Motor Co. says it will increase production of diesel-powered versions of its i20 hatchback and Verna sedan in India by 50% to a combined 10,500 units per month.
Ducati Owner: Acquisition Talks with Audi Not Exclusive
4/16/2012London-based Investindustrial confirms it is in talks with Volkswagen's Audi unit about buying a majority stake in motorcycle maker Ducati Motor Holding.
U.S. Steps Up Probe of BMW Transmissions
4/16/2012The U.S. National Highway Traffic Safety Administration has upgraded to an engineering analysis its investigation of automatic transmissions in BMW 7 Series sedans that can shift into Neutral instead of Park when the engine is switched off.
Study: EVs Could Save $1,200 on Fuel Per Year
4/16/2012Using an electric vehicle instead of a gasoline-powered car in the U.S. could save its operator an average $1,200 per year in fuel costs, according to the Union of Concerned Scientists.