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Conti to Open Artificial Intelligence Center in Budapest
2/2/2018Continental AG says it will open an artificial intelligence tech center in Budapest in May.
Aston Martin Seeks EV Partner in China
2/2/2018Aston Martin Lagonda Ltd. is talking with several companies in China about potential partnerships to develop and sell electric vehicles in the market, Bloomberg News reports.
U.S. Car Sales Rise 1%
2/2/2018Demand for cars and light trucks in the U.S. totaled 1.15 million units last month, compared with 1.14 million in January 2017, according to Autodata Corp.
U.K. Proposes “Unlimited” Fines for Emission-Cheating Carmakers
2/2/2018The U.K.’s Ministry of Transport proposes to expand the country’s regulatory powers to enable it to levy criminal charge and “unlimited” fines against carmakers who cheat on emission tests.
Vehicle Sales Rise Slightly in S. Korea
2/2/2018Car sales in South Korea totaled 613,800 units in January, a gain of 2,400 units from the same period last year, according to company reports.
Industrial Workers Begin Third Day of Strikes Across Germany
2/2/2018Members of Germany’s powerful IG Metall Union are conducting their third consecutive day of walkouts affecting the country’s carmakers and auto part suppliers.
January Car Sales Rise in France, Spain
2/2/2018Deliveries of new cars in January climbed 3% in France and 20% in Spain, according to trade groups in each country.
Nissan to Add V-6 to Titan Pickup Lineup
2/1/2018Nissan Motor Co.’s plans to offer a V-6 engine in future Titan fullsize pickup trucks to better compete against its chief rivals in the segment, according to media reports.
Daimler Posts Record Sales, Profits for 2017
2/1/2018Daimler AG set record highs in 2017 for unit sales, revenue and net income. But it expects slower growth this year.
January GBI: 57.8
2/1/2018The Gardner Business Index (GBI) continued into 2018 on the same upward trajectory that it followed during the last quarter of 2017.