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Cepton, Koito Team on Integrated Lidar
7/30/2018San Jose, Calif.-based Cepton Technologies has signed a deal to package its lidar technology into the lighting modules made by Japan’s Koito Manufacturing and market the system to autonomous vehicle programs.
BMW Hikes Prices for U.S.-Built Cars Sold in China
7/30/2018BMW AG has become the first high-volume carmaker to raise prices on vehicles it ships from the U.S. to China to partly offset the latter country’s retaliatory import tariffs.
U.S. Proposal to Freeze Auto Emission Claims Huge Societal Savings
7/30/2018A proposal to freeze U.S. emission rules for cars in 2020 claims the move would slash “societal costs” by about $500 billion through 2029.
Top Car-Making Nations to Meet on U.S. Trade Tariff Threat
7/30/2018Envoys from the world’s largest carmaking countries reportedly will meet in Geneva on July 31 to discuss President Donald Trump’s threat to impose tariffs on cars built outside the U.S.
Nissan Drops Juke Mini-Crossover in U.S.
7/30/2018Nissan Motor Co. has discontinued its slow-selling Juke mini-crossover vehicle in the U.S. after demand plummeted 48% to only 10,200 units last year.
Court to Reconsider Hyundai-Kia Fuel Economy Lawsuit Deal
7/27/2018A U.S. appellate court has agreed to review its earlier decision to reject a proposed settlement for owners of Hyundai and Kia vehicles with overstated fuel economy ratings, Reuters reports.
Ford Plans Shift from Cars to SUVs in Europe
7/27/2018Ford Motor Co., facing losses in Europe, says it will shift its product mix in Europe sharply from cars to SUV/crossovers and commercial vans.
VW Recall Targets Golf Models with Rollaway Risk
7/27/2018Volkswagen AG is recalling 57,300 Golf hatchbacks and sport wagons in North America to fix a problem that could allow a parked vehicle to roll away.
U.S. Economy Expands 4.1%
7/27/2018Real gross domestic product in the U.S., which rose 2.2% in the first quarter, climbed by an annualized 4.1% in the second quarter of 2018, according to an initial estimate by the Dept. of Commerce.
U.S. Trade Sanctions May Prompt Renault to Exit Iran
7/27/2018Renault SA says it is likely to abandon the Iranian car market to comply with U.S. trade sanctions, even though the carmaker does no business in the U.S.