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Michigan Lawmakers Blast Barra on GM Plant Closures
12/7/2018Congressional Democrats from Michigan ranted to CEO Mary Barra on Thursday about General Motors Co.’s plan to close its giant assembly plant in Detroit next year.
U.S. Fuel Prices Fall To Record Low for the Year
12/7/2018The average price of regular-grade gasoline in the U.S. fell to $2.44 per gallon this week, its lowest this year, AAA reports.
Hyperloop Company Forms JV with German Logistics Firm
12/6/2018Los Angeles-based Hyperloop Transportation Technologies Inc. has formed a joint venture with a German logistics firm to develop high-speed hyperloop technology to transport shipping containers.
FCA to Turn Detroit Engine Plant into Jeep Factory
12/6/2018Fiat Chrysler Automobile NV plans to reopen an idled engine plant in Detroit to make a new three-row Jeep Cherokee SUVs, according to multiple reports.
Lyft Takes First Step in IPO Filing
12/6/2018Ride-hailing service Lyft Inc. says it has confidentially filed a draft registration statement with the SEC regarding an initial public offering.
Honda Touts Fluoride-Ion Battery
12/6/2018Honda Motor Co. is developing a fluoride-based battery chemistry that promises 10 times the energy density of current lithium-ion units.
FCA Appoints Outsiders as COO, PR Chief for N. America
12/6/2018Fiat Chrysler Automobiles NV has named former executives from Amazon and Shell Oil to be chief operating officer and head of communications for its North American business.
Opel to Launch Three EVs by 2020
12/6/2018PSA Group’s Opel unit says it will introduce all-electric variants of three models by 2020, starting next year with the Corsa subcompact hatchback.
Rivian Plans Electric Rally Car
12/6/2018Electric vehicle startup Rivian Automotive LLC is developing an off-road performance car that will be launched sometime after its R1T pickup truck and R1S SUV debut about three years from now.
Fiat Panda Flunks European Safety Test
12/6/2018The 2018 Fiat Panda minicar received a zero-star rating from the European New Car Assessment Program’s latest assessment—joining the 2017 Fiat Punto as the only vehicles to score so poorly.