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Report: White House Likely to Delay Auto Tariffs Decision
5/8/2019Several carmakers tell Reuters that the Trump administration may delay a scheduled May 18 decision to levy tariffs as great as 25% on imported cars.
2020 Hyundai Accent Adds CVT Option
5/8/2019Buyers of Hyundai Motor Co.’s 2020 model Accent compact car will be able to choose between a 6-speed manual transmission and a new continuously variable unit.
China Agrees to Continue Trade Talks with U.S.
5/8/2019China’s top trade negotiator has agreed to meet with his U.S. counterparts in Washington, D.C., on May 9 to continue efforts to end the trade war between the countries.
GM Will Convert Oshawa Plant into Partsmaking Facility
5/8/2019General Motors Co. has agreed to convert GM’s assembly plant in Oshawa, Ont., into a components factory and site for testing autonomous vehicles.
Bird Debuts a More Durable Urban Scooter
5/8/2019Scooter-sharing service Bird.co says its new Bird One scooter is a “commercial grade” product with a longer product life and more powerful battery.
GM in Talks to Sell Lordstown Plant to EV Company
5/8/2019General Motors Co. says it is in talks with Workhorse Group Inc., an Ohio maker of electric delivery trucks and buses, to buy the carmaker’s giant assembly plant in Lordstown, Ohio.
VW Names Electric Hatchback the “ID.3”
5/8/2019Volkswagen AG says its upcoming all-electric compact hatchback will be called the ID.3.
Honda’s Revenue Up, Profit Down
5/8/2019Honda Motor Co. increased revenue in the fiscal year ended March 31 by 3%, and consolidated vehicle sales advanced 2% to 3.75 million units. But net income plunged 42%.
Polestar Opens R&D Center in U.K.
5/8/2019Volvo Car Corp.’s Polestar electric vehicle unit is opening a research and development center in Coventry, England.
Toyota’s Net Profit Drops 25%
5/8/2019Toyota Motor Corp. reports that its operating income for the fiscal year ended March 31 grew 3% to 2.5 trillion yen ($22.4 billion), thanks to cost-cutting efforts.