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BorgWarner Reports 13% Gain in Adjusted Earnings
2/9/2018Powertrain components supplier BorgWarner Inc. posted an operating income of $209 million in October-December, reversing a $458 million loss in the same period of 2016.
VW Brings Midsize Arteon to the U.S.
2/8/2018Nearly a year after debuting its new Arteon midsize car in Europe, Volkswagen unveiled the American-spec model at this week’s Chicago auto show.
Musk: Lidar is “Expensive, Ugly and Unnecessary”
2/8/2018Tesla Inc. continues to refine its Autopilot system for autonomous driving but has no plans to add lidar.
Volvo Posts Record-High Revenue, Operating Profits
2/8/2018Volvo Car Corp.’s operating earnings in 2017 climbed 28% to a record 14.1 billion kronor ($1.7 billion), and net income zoomed 37% to 10.2 billion kronor ($1.3 billion).
Toyota Adds Performance Shocks to TRD Pro Trucks
2/8/2018Toyota Motor Corp.’s unveiled its latest TRD Pro lineup for its Tacoma SUV and 4Runner and Tundra pickup trucks at this week’s Chicago auto show.
FCA Turbocharges U.S. Lineup of Fiat 500 Minicars
2/8/2018Fiat Chrysler Automobiles NV says all the 2018 model 500 minicars it sells in the U.S. will come equipped with a 1.4-liter turbocharged engine that produces at least one-third more power than last year’s models.
Sweden Invests in Northvolt Battery Factory Demo Project
2/8/2018The Swedish Energy Agency has agreed to spend as much as 146 million kronor ($18 million) to help build a pilot production line for the giant battery factory envisioned by Northvolt AB.
Geely’s Lynk & Co. Unit Near Decision on European Production
2/8/2018Geely Automobile Holding Co.’s new Lynk & Co. brand says it will decide by about the end of March whether to build its first model in Europe or supply the region from China.
Nissan’s Quarterly Operating Profit Plunges 50%
2/8/2018Nissan Motor Co. saw its operating profit in October-December plummet 50% to 82.4 billion yen ($753 million) because of higher marketing and recall costs.
Study: Drowsy Driving a Factor in 10% of U.S. Car Crashes
2/8/2018Drowsiness is a factor in about 10% of U.S. crashes—about five times as many as federal safety officials estimate, according to a new AAA study.