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MG Readies Its First EV
11/16/2018Shanghai Automotive Industry Corp.’s MG brand took the wraps off its first all-electric model, the eZS crossover vehicle, at this week’s Guangzhou auto show in China.
Report: Bidders Line Up to Buy Dayco Engine Products
11/16/2018Several bidders have made offers to acquire Dayco Products LLC, a Troy, Mich.-based engine parts supplier, for as much as $1 billion, sources tell Bloomberg News.
Nissan to Make EV Batteries, Motors in China
11/16/2018Nissan Motor Co. is shifting to local production of batteries and motors in China for electric cars made by its venture with Dongfeng Motor Group.
Toyota Cuts U.S. Output of Top-Selling Camry Sedan
11/16/2018Toyota Motor Corp. will lower its output of Camry sedans in the U.S. next month because of sagging demand for what had been the market’s best-selling car for 16 years.
Toyota Looks Inside for Rising-Star Managers
11/15/2018Toyota Motor Corp. plans to shed 60% of its top-level executives in Japan in January to make way for younger talent, The Nikkei says.
PSA Ponders Plan to Shutter a U.K. Plant
11/15/2018PSA Group reportedly may close one of two Vauxhall plants in the U.K. if sales sour after Britain leaves the European Union next spring.
SMMT: Proposed Brexit Deal a “Positive Step”
11/15/2018The proposed Brexit deal from British Prime Minister Theresa May is a “positive step” toward limiting the damage to the U.K.’s auto industry when Britain exits the European Union next spring, says the Society of Motor Manufacturers and Traders.
New Models Boost Aston Martin’s Revenue 81%
11/15/2018Strong third-quarter demand for new models doubled unit sales and hikes third-quarter revenue 81% for Aston Martin Lagonda Ltd.
Carmakers Warn of High Compliance Costs for Updated NAFTA
11/15/2018Auto industry groups are warning that the complex local content rules proposed under the revised North American Free Trade Agreement will add costs and erode competitiveness, Automotive News reports.
Jeep Gladiator Pickup Breaks Cover
11/15/2018Images of Fiat Chrysler Automobiles NV’s Gladiator midsize pickup truck have been leaked ahead of the vehicle’s official unveiling later this month at the Los Angeles auto show.