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Ricardo, Geely Team on Gearbox for Extended-Range Hybrids
4/8/2019Ricardo plc says it is developing a transmission that China’s Zhejiang Geely Holding Group will use in extended-range plug-in hybrid vehicles.
FCA Turns to Tesla to Meet EU Emission Targets
4/8/2019Fiat Chrysler Automobile NV has agreed to pay a hefty fee to pool electric cars sold by Tesla Inc. with its own vehicles to meet carbon dioxide emission limits in Europe.
Factory Incentives Offset Operating Losses for U.S. Dealers
4/8/2019New-car dealers in the U.S. swung to an average operating loss in 2018 for the first time in at least a decade.
Report: Hyundai, Tencent Partner on Software for Autonomy
4/8/2019Hyundai Motor Co. and China’s Tencent Holdings Ltd. have tentatively agreed to co-develop software for self-driving vehicles, sources tell South Korea’s Maeil business daily.
Toyota’s Future Pickups to Share One Platform?
4/8/2019Toyota Motor Corp. reportedly is developing a single platform to carry future versions of its large and midsize pickup trucks worldwide.
Calif. Sues U.S. for Data that Justifies Emission Freeze
4/8/2019California is suing federal regulators to reveal the data they used to justify their plan to freeze emission standards at 2020 levels.
CO2 Emissions from New Cars Rise in Europe
4/5/2019Average carbon dioxide emissions from new cars sold in the European Union rose to 118.5 grams per kilometer in 2017 and likely grew again last year, says the European Environmental Agency.
Akebono Brake May Close Two U.S. Factories
4/5/2019Japanese supplier Akebono Brake Industry Co. could close two of its four brake component factories in the U.S. to offset a slump in orders, The Nikkei says.
BMW Braces for €1 Billion Fine on Emissions
4/5/2019BMW AG says it will probably take a one-time charge of more than €1 billion ($1.1 billion) against first-quarter results to cover possible fines regarding the rollout of new emission control equipment.
U.S. Jobs Market Revives
4/5/2019The U.S. picked up a seasonally adjusted 196,000 jobs in March after slumping to an oddly low 33,000 in February.