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Ford Doubles Spending on Electrification to $11 Billion
1/15/2018Ford Motor Co. says it will spend $11 billion on electrified vehicles—more than twice the spending it announced in late 2015—over the next five years.
DOT Chief Chao Pledges “Tech-Neutral” Guidelines for Self-Driving Cars
1/15/2018U.S. Dept. of Transportation Secretary Elaine Chao says the federal government’s third round of guidelines for autonomous vehicles will be flexible and tech neutral.
Marchionne Says FCA’s Profit Could Double by 2022
1/15/2018Fiat Chrysler Automobiles NV’s iconic Jeep brand could enable the company to double its profits in five years, CEO Sergio Marchionne tells Bloomberg News.
VW to Double Production in Kenya
1/15/2018Volkswagen AG says it intends to double output at its factory in Thika, Kenya, and may add a second model there.
Russia’s December Car Sales Jump 14%
1/15/2018Demand for cars and light-duty commercial vehicles in Russia climbed 14% to 166,000 units in December, according to the Moscow-based Assn. of European Businesses.
Half of Ford’s U.S. Models to Get Emergency Braking by End of Next Year
1/15/2018Ford Motor Co. says half its U.S. passenger vehicles will have standard automatic emergency braking before the end of 2019.
FCA Plans Software Fix to Cure Minivan Engine Stalling
1/12/2018Fiat Chrysler Automobiles NV is recalling 153,900 Chrysler Pacifica minivans in the U.S. to fix a software flaw that could cause the engine to stall.
Porsche SE Ordered to Answer Key Questions on VW Diesel Cheating
1/12/2018A panel of German judges in Stuttgart has ordered Porsche Automobil Holding SE to answer certain shareholder questions about its knowledge of Volkswagen AG’s diesel emission cheating scandal.
GKN Aims to Reorganize After Spurning Takeover
1/12/2018U.K.-based driveline specialist GKN plc has rejected a takeover bid from British turnaround specialist Melrose Industries plc, and announced plans to split its automotive and aerospace units into separate businesses.
Lexus L 500h Hybrid Gets Top Tech Kudos
1/12/2018Toyota Motor Corp.’s Lexus L 500h luxury coupe received AutoBlog’s Technology of the Year award for the car’s new multi-stage hybrid system.