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Ford Sales Advance 1% in Europe
8/17/2018Ford Motor Co. reports that a 31% jump in demand for its SUVs pushed July sales in Europe up 2% to 101,800 units.
U.S.-Mexico Trade Talks to Continue Next Week
8/17/2018U.S. and Mexican negotiators say they are making good progress in talks to update the 24-year-old North American Free Trade Agreement and will continue discussions next week.
Casting Company Taps Former Key Safety Exec as CEO
8/17/2018Albion, Ind.-based Busche Performance Group has hired Joseph Perkins, formerly Key Safety Systems Inc.’s chief operating officer, as its new CEO.
China, U.S. Hope to Resolve Trade Impasse by November
8/17/2018Trade negotiators are setting up talks in hopes of resolving the developing trade war between the U.S. and China before the leaders of the two country meet in November.
BMW Blames Drivers for Fires in S. Korea
8/17/2018BMW AG suggests to the Xinhua News Agency that fires involving its cars in South Korea are a result of local traffic conditions and the “driving style” of their owners.
U.S. Consumer Sentiment Sags as Pricing Concerns Rise
8/17/2018Consumer confidence about the U.S. economy dropped to an 11-month low this month, according to preliminary results by the University of Michigan’s Surveys of Consumers.
Trump Suggests Dropping Quarterly Financial Reporting
8/17/2018President Donald Trump proposes allowing publicly traded companies to report financial reports twice instead of four times per year.
Shipments of Electrified Vehicles Leap 48% in China
8/17/2018Wholesales of plug-in hybrid and all-electric vehicles in China zoomed 48% to 84,000 units in July, according to the China Assn. of Automobile Manufacturers.
Volkswagen’s Sales Climb 11%
8/17/2018Volkswagen Group reports that its global new-vehicle deliveries rose 11% to 908,200 units in July, led by a 24% increase to 408,300 units in Europe.
Redesigned Bimmer Roadster Breaks Cover
8/17/2018The production version of BMW AG’s next-generation Z4 roadster retains much of the styling—albeit toned down—of last year’s concept model.