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Mahindra Forms Battery Tech Alliance with LG Chem
2/28/2018Mahindra & Mahindra Ltd. has partnered with LG Chem Ltd. to develop batteries for use in electric vehicles made in India and South Korea.
Toyota Agrees to Continue U.K. Plant after Brexit
2/28/2018Toyota Motor Corp. has agreed to continue building its Auris hatchback in the U.K. in a vote of confidence in the country’s competitiveness after it exits the EU in 2019.
Diaz Named CEO of Mitsubishi’s N. American Unit
2/28/2018Fred Diaz, a former executive at Chrysler and Nissan, has been named president and CEO of North American operations for Mitsubishi Motors Corp.
Magna, Multimatic Partner with U-Ontario on Expanded Wind Tunnel
2/28/2018Two Canadian suppliers are partnering with the University of Ontario and Canadian government offices to turn the university's wind tunnel into the world's most advanced facility of its kind.
Takata Airbag Inflators Prompt Australia’s First Mandatory Auto Recall
2/28/2018The Australian government has ordered carmakers to recall 2.3 million vehicles to replace their explosion-prone Takata Corp. airbag inflators.
France Vows Aid as Diesel Market Fades
2/28/2018France’s finance minister will meet with the country’s auto industry leaders in April to find ways to help them cope with rapidly shrinking demand for diesels.
GM Korea Resumes Wage Talks
2/28/2018General Motors Co.’s South Korean unit is scheduled to relaunch wage negotiations today with its labor union there in a bid to keep the operations alive.
UAW Trust Fund to Sell 40 Million GM Shares
2/28/2018A United Auto Workers union trust fund is selling 40 million of its shares in General Motors Co., according to a GM regulatory filing.
Japan’s Car Production Fell 3% in January
2/27/2018Japan’s domestic auto industry built 702,800 vehicles in January, down 3% year-on-year, according to company data.
Average New-Car Prices Set Monthly Record in U.S.
2/27/2018The average retail transaction price of a new car in the U.S. grew 3% to a $32,200 in February, a record high for the month, according to J.D.