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Car Sales Plunge in Mexico
1/4/2018Demand for new cars in Mexico plummeted 18% to 158,700 units in December, according to the Mexican Automobile Distributors Assn. (AMDA).
Nissan Touts Potential for Brain-to-Vehicle Controls
1/4/2018Nissan Motor Co. says it is developing a new technology that would allow vehicles to anticipate a driver’s actions and preferences based on brain pulses.
U.S. Judge Okays Creditor Vote on Takata Bankruptcy Plan
1/4/2018The federal judge presiding over the bankruptcy proceedings for Takata Corp.’s U.S. operations has cleared the way for creditors to vote on a Chapter 11 restructuring plan for the unit.
GM Posts 13% Sales Gain in China
1/4/2018General Motors Co. reports its vehicle sales in China climbed 13% to 491,700 units last month. Full-year sales rose 4% to a record 4.04 million units in 2017.
Kia Readies All-Electric Niro Crossover
1/4/2018Kia Motors Corp. will unveil a concept of the long-rumored all-electric version of its Niro crossover vehicle at next week’s CES electronics show in Las Vegas.
Bosch, Conti Buy Stakes in HERE Mapping Company
1/4/2018Robert Bosch GmbH and Continental AG are each taking 5% stakes in digital mapping specialist HERE Global BV.
Silicon Valley Startup Teams with VW, Hyundai on Self-Driving Tech
1/4/2018Aurora Innovation Inc., a Silicon Valley-based tech startup that specializes in machine learning and artificial intelligence, has struck separate agreements with Volkswagen AG and Hyundai Motor Co. to help the carmakers develop autonomous vehicles.
Average U.S. New-Vehicle Selling Price at Record High
1/4/2018The average selling price of a new passenger vehicle in the U.S. rose 2% last year to a record-high $36,100, according to Kelley Blue Book.
UAW Names Dittes to Head Troubled FCA Unit
1/4/2018The United Auto Workers union’s executive board has named Terry Dittes as vice president in charge of the department that represents members who work for Fiat Chrysler Automobiles NV, effective immediately.
Tesla Boosts Sales to 101,300 EVs
1/3/2018Tesla Inc. reports it sold a record 101,300 all-electric cars last year, up 33% from its result in 2016.