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Camaro Concept Previews New EV Architecture
10/30/2018General Motors Co.’s Chevrolet unit unveiled an all-electric concept of the COPO drag-racing version of the Camaro sports coupe ahead of this week’s Specialty Equipment Market Assn. show in Las Vegas.
Reports: JCI Close to Selling Battery Unit
10/30/2018Johnson Controls International plc is finalizing a deal to sell its Power Solutions battery business to Brookfield Asset Management Inc., according to multiple media reports.
Lincoln Product Development Chief Retires
10/30/2018Scott Tobin, the director of product of Ford Motor Co.’s Lincoln unit, is retiring from the company, Automotive News reports.
VW’s Third-Quarter Profit More Than Doubles
10/30/2018Volkswagen Group’s net profit in July-September soared to €2.8 billion ($3.1 billion) from €1.1 billion in the same period last year.
Hybrids Account for 19% of Japan’s Car Fleet
10/30/2018Hybrid-powered cars in Japan account for 19% of all passenger vehicles currently on the road.
Ford Idles Engine Line that Supplies V-8s to JLR
10/30/2018Ford Motor Co. has suspended operations of an engine line in England that builds V-8s for Jaguar Land Rover Ltd.
Hyundai Promotes Former Bentley, BMW Execs
10/30/2018Hyundai Motor Co. has promoted two former executives who recently joined the South Korean carmaker from German luxury brands.
FCA May Scrap Plan to Move Pickup Production from Mexico
10/29/2018CEO Mike Manley says Fiat Chrysler Automobiles NV may reverse a decision to shift production of heavy-duty Ram 1500 pickup trucks from Mexico to Michigan in 2020.
VW, Intel Partner on Autonomous Ride-Hailing Fleet
10/29/2018Volkswagen AG and Intel Corp. are launching a joint venture that will develop autonomous ride-hailing vehicles and services in Israel.
Hyundai U.S. Chief Returns to S. Korea
10/29/2018Kyung Soo Lee, who was appointed president and CEO of Hyundai Motor Co.’s U.S. operations just over a year ago, is leaving that post to return to South Korea.