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U.K. May Allow Driverless Vehicle Testing This Year
2/6/2019The U.K. is developing guidelines that later this year could allow fully autonomous vehicles to be tested on public roads without a backup driver.
Aston Martin Previews Electric SUV
2/6/2019Aston Martin Holdings Ltd. will unveil an all-electric SUV/crossover vehicle at next month’s Geneva auto show.
Daimler, Geely Mull Deeper Alliance
2/6/2019Daimler AG is in talks about broadening its relationship with China’s Geely Group, which a year ago acquired a nearly 10% stake in the German firm.
Mazda’s Net Income Drops 41% as Revenue Flattens
2/6/2019Mazda Motor Corp.’s adjusted net income shrank 41% to 12.7 billion yen ($116 million) in October-December. Revenue growth stalled.
Toyota’s Net Profit Plummets 81%
2/6/2019Toyota Motor Corp.’s net profit for the fiscal third quarter ended Dec. 31 plunged 81% to 181 billion yen ($1.6 billion), largely because last year’s results were boosted by a one-time tax cut in the U.S.
More Shrinkage for U.K. Car Market
2/6/2019New-car registrations in the U.K. declined 2% to 161,000 last month, continuing a downward trend that began last September.
Report: VW Seeks Swedish Investors for Traton Truck IPO
2/5/2019Volkswagen AG is pursuing several Swedish investment funds to become founding shareholders of Traton AG, the commercial truck company it plans to list in April, sources tell Reuters.
Ford Powers Up Super Duty Pickups
2/5/2019Ford Motor Co. is giving its line of Super Duty pickup trucks (F-250, F-350 and F-450) a mid-cycle makeover that includes more powerful engines, a new transmission, a host of driver-assist technologies and updated styling.
China’s CATL Will Supply EV Batteries to Honda
2/5/2019China’s Contemporary Amperex Technology Co. Ltd. has agreed to supply Honda Motor Co. with 56 gigawatt-hours worth of batteries through 2027.
FCA Recalls Target Loose Steering, Brake Pedals
2/5/2019Fiat Chrysler Automobiles NV is launching two global recalls covering 882,000 pickup trucks to fix flaws that could make it impossible for drivers to steer or brake their vehicles.