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Opel Halts Buyouts to Avoid Shortage of Skilled Staff
5/11/2018PSA Group’s Opel unit has suspended a 3-month-old buyout program over fears that too many of its engineers are using it to take jobs elsewhere.
FCA Recalls Older Jeeps for Suspension Flaw
5/11/2018Fiat Chrysler Automobiles NV says it will recall 325,800 older-model Jeep Liberty SUVs worldwide to replace rear suspension parts that could break.
Boring Co. to Test Underground Hyperloop Shuttle Soon
5/11/2018Elon Musk’s Boring Co. says it has nearly completed the construction of the first demonstration tunnel in Los Angeles for the underground shuttle system the company is developing.
Subaru’s Revenue, Earnings Fall
5/11/2018Subaru Corp. blames fewer wholesales in the U.S., higher fixed costs and the effect of a regulatory scandal in Japan for cutting revenue 6% and net income 10% in January-March.
Alcoa, Rio Tinto Partner on Carbon-Free Aluminum Process
5/11/2018Alcoa Corp. and Rio Tinto Group are forming a joint venture to further develop and commercialize Alcoa’s carbon-free aluminum smelting process.
Carmakers Seek Middle Ground in Trump Meeting on Emission Rules
5/11/2018Carmakers hope to convince President Donald Trump today to avoid a legal fight with California over planned rollbacks of federal emission and fuel economy rules, Bloomberg News points out.
Electric Turbochargers on Tap for Future Mercedes-AMG Models
5/11/2018Daimler AG’s Mercedes-AMG unit plans to adapt some of the features from last year’s Project One technology demonstrator car to upcoming production models.
Bentley Readies Plug-in Hybrid Sedan
5/11/2018Volkswagen AG’s Bentley brand is developing a plug-in hybrid version of its next-generation Flying Spur sedan, Autocar reports.
Borgward Adds EV, New Crossover
5/11/2018Stuttgart-based Borgward plans to launch its first electric vehicle, a modified version of the BX7 crossover, next year in China and Europe.
May 17 Deadline Looms for NAFTA Approval
5/11/2018A firm agreement on an updated NAFTA would be needed by May 17 to ensure that the current Congress has time to vote on it, warns House Speaker Paul Ryan.