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Camaro Track Model Adds Automatic Transmission
1/29/2019A 10-speed automatic transmission will be available in General Motors Co.’s 2019 Chevrolet Camaro ZL1 1LE, marking the first time an automatic gearbox will be offered in the top-end track car since 1992.
Geely’s Lynk & Co Unit to Launch Sales in Europe in 2020
1/29/2019Geely Automobile Holding Co.’s Lynk & Co brand says it will open retail outlets in five European cities next year.
Audi Factory in Germany Idled by Strike in Hungary
1/29/2019Audi AG hopes to resume operations at its assembly plant in Ingolstadt, Germany, tomorrow after a strike in Hungary late last week caused a parts shortage.
Faurecia Makes Tender Offer for Nav System Supplier Clarion
1/29/2019French auto supplier Faurecia SA says it will make a tender offer tomorrow to buy audio and nav system supplier Clarion Co. from Tokyo-based Hitachi Ltd.
Indonesia Finalizing EV Incentive Plan
1/29/2019Indonesia is completing policies to foster foreign investment in support of the government’s goal of electrifying 20% of domestically produced cars by 2025.
Mitsubishi Teases Rugged Electric SUV
1/29/2019Mitsubishi Motors Corp. will take the wraps off an all-electric concept SUV/crossover model at the Geneva auto show in March.
Swedish Carmakers Form JV
1/29/2019National Electric Vehicle Sweden AB is acquiring a 20% stake in Koenigsegg AB for €150 million ($171 million) and is forming a joint venture with the supercar company.
Mercedes Readies Safety Demonstration Vehicle
1/29/2019Daimler AG’s Mercedes-Benz unit is developing an Experimental Safety Vehicle and will unveil it this summer.
Nexteer to Open 3rd Plant in India
1/29/2019Michigan-based Nexteer Automotive Group is opening of a facility in Chennai, India, to produce electric power steering (EPS) and driveline systems.
Attendance Dips 4% at Detroit Auto Show
1/29/2019Ticketed attendance at this year’s Detroit auto show totaled 774,200 people, down about 35,000 visitors from last year’s event, according to organizers.