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New Caddy XT6 Starts at $54,000
3/8/2019General Motors Co.’s all-new Cadillac XT6 crossover vehicle will be base-priced at $53,700 when the it arrives at U.S. dealerships this summer.
Nissan CEO in No Rush to Leave
3/8/2019Nissan Motor Co. CEO Hiroto Saikawa wants to remain in charge for at least three years, sources tell Bloomberg News.
TomTom, Elektrobit Tout HD Map Development System
3/8/2019TomTom International BV and Continental AG’s Elektrobit Automotive unit have created a high-definition map to help carmakers and suppliers develop autonomous vehicle systems.
Porsche Hikes Plans for Taycan EV
3/8/2019Porsche AG plans to increase production by an unspecified amount for its upcoming all-electric Taycan sedan, based on stronger than expected initial demand.
India’s New-Car Market Shrinks 1%
3/8/2019Passenger vehicle sales in India, which have declined every month since August, slipped again in February, according to the Society of Indian Automobile Manufacturers.
U.S. Fuel Prices May Reach $3 Per Gallon by Summer
3/8/2019Average gasoline prices in the U.S. continue to rise, buoyed by rising consumption and falling fuel supplies.
February Sales Rose 1% in U.K.
3/8/2019The U.K.’s new-car market expanded 1% to 82,000 vehicles in February, says the Society of Motor Manufacturers and Traders.
EV Startup Nio Drops Plan for Factory in Shanghai
3/8/2019Shanghai-based electric car startup Nio Ltd. has abandoned plans to build an assembly plant in the city’s Jiading district after its losses nearly doubled in 2018, the Shanghai Daily reports.
Car Sales in Germany Gain 3%
3/8/2019Registrations of new passenger vehicles in Germany grew 3% to 268,900 units last month, reversing five months of shrinking year-on-year volume.
BMW’s EV Export Plans for China on “Hold”
3/7/2019BMW AG CEO Harald Krueger tells reporters the company can’t decide whether to make China a global hub for electric vehicles until the U.S.-China trade dispute is settled.