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Volvo to Add Sporty Crossover in Place of V40 Wagon
1/17/2019Volvo Car Corp. plans to launch a sporty compact crossover vehicle early next decade as a successor to the current V40 wagon, Autocar reports.
Nissan CEO to Meet Renault Board on Ghosn Scandal
1/17/2019Nissan Motor Co.’s CEO Hiroto Saikawa is scheduled to meet tonight with French government officials and the board of alliance partner Renault SA to discuss the Carlos Ghosn crisis.
Report: Alternatives to Car Ownership Could Cut Sales 29%
1/17/2019Retail demand for new cars in the U.S. could plummet 29% if alternatives such as car- and ride-sharing options become more accessible and affordable, according to Cox Automotive Inc.
Nissan May Drop Chairman Role
1/17/2019Nissan Motor Co. is pondering a restructured management that would eliminate the chairman position.
Ford: Brexit with No Trade Deal Would Be “Catastrophic”
1/17/2019If the U.K. exits the European Union in March with no trade deal in place, the results would be “catastrophic” for the British auto industry, says Ford Motor Co.
Ford Recall Targets Flaw in SUV’s Self-Steering Feature
1/17/2019Ford Motor Co. is recalling 2,600 of its 2019 Lincoln Nautilus SUVs because their self-steering system may not work.
S. Korea Vows to Make 6.2 Million Fuel Cell Vehicles by 2040
1/17/2019South Korea aims to build 6.2 million fuel cell-powered vehicles, open 1,200 hydrogen fueling stations and hike annual production of hydrogen to 5.3 million tons by 2040.
Evergrande Takes Control of Saab Maker
1/17/2019Chinese property developer Evergrande Group has paid $930 million to gain a 51% stake in National Electric Vehicle Sweden, owner of the assets of bankrupt Saab Automobile AB.
London Cab Maker Names Former Audi Exec as CEO
1/17/2019The maker of London’s iconic black taxis has hired Joerg Hofmann, a former executive at Audi AG, as its CEO, effective Feb. 4.
FCA Tests Car-Sharing, Subscription Plan for Jeep
1/16/2019Fiat Chrysler Automobiles NV is reading tests of two schemes to promote Jeep sales: peer-to-peer car sharing and a multi-model subscription service.