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Michelin Hikes Operating Slips 3%
2/12/2019Michelin & Cie. reports its operating income declined 3% to €2.6 billion ($2.9 billion). Sales revenue was flat at €22 billion ($25 billion).
U.S. Auto Loan Delinquencies at Record High
2/12/2019The number of car owners in the U.S. who are at least three months late on their loan payments climbed to 7 million at the end of 2018.
EU, Japan Back Automatic Emergency Braking Rule
2/12/2019The European Union and Japan support a United Nations plan that would equip all new passenger and light commercial vehicles with automatic emergency braking systems, beginning in 2020.
British Founder of Haynes Repair Manuals Dies
2/12/2019John Haynes, who founded Haynes Repair Manuals for do-it-yourself enthusiasts, died this month at the age of 80 following a short illness.
Maserati Readies Electrified Sports Car
2/12/2019Fiat Chrysler Automobiles NV’s Maserati unit plans to launch pre-production of the long-awaited Alfieri sports car at its Modena, Italy, factory in the first half 2020.
Renault Names CEO Bollore to Chair Alliance Holding Company
2/12/2019Renault SA has appointed new CEO Thierry Bollore as chairman of Renault-Nissan BV, the Dutch holding company that coordinates the carmaker’s 20-year-old alliance with Nissan Motor Co.
Toyota Updates Crash Test Dummy Software
2/12/2019Toyota Motor Corp. has released the sixth version of its Total Human Model for Safety (THUMS) virtual crash dummy software.
Nissan’s Operating Profit Jumps 25%
2/12/2019Nissan Motor Co.’s operating profit surged 25% to 103.3 billion yen ($935 million) in October-December. Net revenue rose 6% to 3.0 trillion yen ($27.6 billion).
Tuner Company Offers 1,000-hp Chevy SUVs
2/12/2019Specialty Vehicle Engineering is introducing 1,000-hp variants of the Chevrolet Suburban and Tahoe SUVs.
Skoda Previews EV
2/12/2019Volkswagen AG’s Skoda unit will take the wraps off an all-electric concept vehicle at next month’s Geneva auto show.