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Polestar 2 to be Unveiled This Month
2/11/2019Volvo Car Corp.’s Polestar electric vehicle unit says it will take the wraps off its second model on Feb. 27.
China’s Changan Demos 55 Autonomous Car Platoon
2/11/2019Chongqing Changan Automobile Co. tested a 55-vehicle fleet of autonomous vehicles driving in line on a closed highway in China.
Subaru Readies Two Hybrids for Europe
2/11/2019Subaru Corp. is developing two hybrid-electric vehicles that will be unveiled next month at the Geneva auto show.
Car Output in S. Korea Fell 2% in 2018
2/11/2019Production of passenger vehicles in South Korea slipped 2% to 4.02 million units last year, marking the third straight year of decline.
JLR Shops for $1 Billion in New Funds After $4 Billion Writedown
2/11/2019Jaguar Land Rover Ltd. says it needs to find $1 billion in funding within 14 months to replace maturing bonds.
Report: Tesla Cut Delivery Team by Two-Thirds
2/11/2019The job cuts Tesla Inc. announced last month reportedly have slashed the company’s 230-member U.S. vehicle delivery team by 150 people.
U.S. Auto Tariffs Assessment Due This Week
2/11/2019A report widely expected to conclude that imported cars and parts are a threat to U.S. national security is due no later than Feb. 17 from the Dept. of Commerce.
German Prosecutors May Fine Bosch Over Diesel Cheating
2/8/2019Prosecutors in Stuttgart are pondering whether to fine Robert Bosch GmbH for supplying Volkswagen AG with software used by the carmaker to evade diesel emission standards.
Goodyear's Profits, Sales Slide
2/8/2019Goodyear Tire & Rubber Co. says its fourth-quarter sales fell 3% to 40.7 million tires as sales to carmakers shrank 10%. Revenue dropped 5% to $3.9 billion.
Minicar Market Shrinks in Europe
2/8/2019European demand for city cars is shrinking, prompting some of the largest makers of the A-segment cars to consider dropping the number of models they offer.