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Ford Seeks Robo Cop Car Patent
2/1/2018Ford Motor Co. has filed a patent application in the U.S. for a self-driving police cruiser that can detect traffic law violations, pursue vehicles and even issue tickets.
Ferrari’s Adjusted Earnings Rise 18%
2/1/2018Ferrari NV reports an 18% jump to €1 billion ($1.3 billion) in its 2017 earnings before interest, tax, depreciation and amortization.
U.S. Oil Production at 10-Year High
2/1/2018Daily output of crude oil in the U.S. rose above 10 million barrels in November, the highest production level in a decade and only 6,000 barrels short of the all-time record set in 1970, according to the Energy Information Administration.
U.K. Startup Opens Electric Motor Plant
2/1/2018Yasa Ltd. has opened a large-scale manufacturing plant for electric motors in Oxford, England, to meet growing demand for electrified vehicles.
Dutch Flying Car Company to Show Production Model in Geneva
2/1/2018Pal-V international BV says it will display a production version of its Liberty flying car next month at the Geneva auto show.
GM to Launch 15 Vehicles in China This Year
2/1/2018General Motors Co. says it will introduce 15 new and refreshed models with its joint venture partners in China by the end of the year.
ACEA Predicts Car Sales Growth in EU Will Slow to 1%
2/1/2018New-car registrations in the European Union, which expanded 3% to more than 15 million units last year, will advance only 1% in 2018, ACEA predicts.
Hyundai to Invest $1 Billion in India
2/1/2018Hyundai Motor Co. expects to invest $1 billion in India by 2020 in a bid to boost its market share five points to 17%. Last year India’s car market topped a record 3 million units.
ZF Confirms Scheider as CEO
2/1/2018ZF Friedrichshafen AG confirms last week’s media reports that Wolf-Henning Scheider will take over as its new CEO on Feb. 1.
Car Sales Cool in China
2/1/2018Deliveries of passenger cars in China slipped 1% to 2.72 million vehicles in December and ended the full year 2017 at 25.37 million, up only 2%, according to LMC Automotive.