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GM Asks U.S. to Spare Chinese Buicks from Higher Tariff
8/3/2018General Motors Co. has asked the U.S. to waive its 25% import tax on the small Buick Envision crossover vehicles it builds in China.
American Axle Posts Record Revenue, Profit
8/3/2018Second-quarter sales and gross profit set new record highs for American Axle & Manufacturing Holdings Inc.
China Readies More Tariffs on U.S. Goods
8/3/2018China’s State Council says it is poised to expand tariffs to an additional $60 billion in U.S. goods if the Trump administration moves ahead with its own levies on $200 billion of imported Chinese goods.
FCA Moves to Block U.S. Sale of Lookalike Jeep
8/3/2018Fiat Chrysler Automobiles NV has filed a complaint to block India’s Mahindra and Mahindra Ltd. from selling SUVs in the American market that closely resemble FCA’s iconic Jeep model.
Big Oil Quietly Cheers Proposed U.S. Freeze on Fuel Economy
8/3/2018The White House plan to freeze future fuel economy rules in 2020 amounts to a revenue hike of roughly $200 billion for oil producers over the next 16 years, Bloomberg News says.
Former Audi and Fiat Designer to Join Mitsubishi Motors
8/3/2018Alessandro Dambrosio will join Mitsubishi Motors Corp. in October as the company's executive design director.
China IoT Firm Buys Controlling Stake in Nissan Battery Venture
8/3/2018Shanghai-based Envision Group is acquiring a controlling stake in Nissan Motor Co.’s Automotive Energy Supply Corp. (AESC), which supplies lithium-ion batteries for the carmaker’s electric vehicles.
Startup Weighs In on Thermal Seating Tech
8/3/2018Traverse City, Mich.-based Promethient Inc. is developing a weight-activated conductive seat heating and cooling system touted as more energy efficient and durable than today's convective systems.
VW Mulls “R” Performance EV
8/3/2018Volkswagen AG is considering a high-performance R-badged variant of its upcoming I.D. sub-brand range of all-electric vehicles.
S. Korea Urges BMW Diesel Owners Not to Drive Their Cars
8/3/2018South Korea’s Ministry of Transport and Land has advised owners of BMW 5 Series diesel sedans not to drive their vehicles until a fire hazard is repaired.