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Ex-FCA Exec Goes to Prison in Chrysler-UAW Bribery Scandal
8/27/2018A federal court in Detroit has imposed a 5.5-year prison term on the former head of labor relations for Fiat Chrysler Automobile NV’s U.S. operations for his role in a scheme to siphon funds from a joint FCA-UAW training center.
Hyundai Mobis Invests in AI-Based Camera Tech Firm
8/27/2018Hyundai Mobis Co. is investing 8 billion won ($7.2 million) in StradVision Inc., a South Korean startup that specializes in deep learning-based camera image detection technology.
Nissan Ramps Up Leaf-Based EV in China
8/27/2018Nissan Motor Co. has launched production of an all-electric version of its Sylphy compact car in China.
Bend It Like Bugatti
8/27/2018Volkswagen AG’s ultra-luxury Bugatti unit says its new Divo hypercar is designed for agility and cornering rather than all-out acceleration.
FCA Launches Recalls to Fix Brake, Electrical Problems
8/27/2018Fiat Chrysler Automobiles NV is preparing two recalls in the U.S. to remedy safety problems in more than 167,000 of its late-model cars, trucks, minivans and SUV/crossover vehicles.
1962 Ferrari Racer Sets Auction Record at $48 Million
8/27/2018An unidentified buyer paid $48.4 million for a 1962 Ferrari 250 GTO race car at a RM Sotheby auction on Saturday during the Pebble Beach Concours d'Elegance in California.
Car Wholesales Up 6% in Indonesia
8/27/2018Wholesales of passenger vehicles in Indonesia grew 6% to 661,200 units through the seven months of 2018, says the Assn. of Indonesian Automotive Manufacturers.
U.S. Presses EU to Speed Up Trade Talks
8/27/2018The Trump administration is pushing the European Union for “very rapid results” on trade talks that began last week, Reuters reports.
Tesla’s Head of PR Quits
8/27/2018Sarah O’Brien, vice president of communications for Tesla Inc. for a year, is leaving the company on Sept. 7.
Toyota Finds a Mystery in Occupant Safety for Self-Driving Vehicles
8/27/2018Toyota Motor Co. says its study of how people in self-driving cars react to a near crash proves it will take far more research to improve the safety of occupants in such vehicles, Automotive News reports.