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Car Sales in France Rose 5% in 2017
1/3/2018Registrations of new passenger vehicles in France slipped 1% to 193,400 units in December but grew 5% to 2.11 million for the year, according to industry group CCFA.
Faraday Future’s Jia Ignores Order to Return to China
1/2/2018Jia Yueting, founder of internet entertainment giant LeEco, has defied demands by regulators in China to return by the end of 2017, Reuters reports.
NHTSA May Expand Ford Recall for Gearbox Downshift Flaw
1/2/2018U.S. safety authorities are deciding whether to widen by a factor of nine a previous recall to fix Ford Motor Co. transmissions that can unexpectedly shift into first gear.
U.S. Fuel Prices Begin Year at 3-Year High
1/2/2018The average retail cost of unleaded, regular-grade gasoline in the U.S. began the new year at $2.49 per gallon, its highest level since 2014, according to AAA Gas Prices.
Mazda Rotary Engine Pioneer Yamamoto Dies
12/29/2017Kenichi Yamamoto, the engineer who led Mazda Motor Corp.’s rotary engine program, died on Dec. 20 at the age of 95.
SoftBank Leads Group to Buy 15% of Uber
12/29/2017A group led by Japanese telecom giant SoftBank Corp. has agreed to invest at least $8 billion to acquire 15% of troubled ride-hailing service Uber Technologies Inc., according to media reports.
VW Aims to Block Auditor in Diesel Cheating Scandal
12/29/2017Volkswagen AG hopes to block a court-appointed auditor named to investigate management’s handling of the VW diesel emission cheating scandal.
U.S. Judge Limits Expert Testimony in GM Ignition Switch Lawsuits
12/29/2017The U.S. district court judge overseeing hundreds of complaints about faulty General Motors Co. ignition switches has curbed the introduction of certain “expert” testimony, Reuters reports.
China Extends Tax Break on “New Energy” Vehicles through 2020
12/28/2017China’s central government will extend a waiver of its 10% vehicle purchase tax for plug-in hybrid and all-electric vehicles through the end of 2020, according to four ministries.
Brake Flaw Prompts Hyundai Recall of 915,000 Cars in Korea
12/28/2017Hyundai Motor Co. plans to launch two recalls in South Korea next week to fix a short circuit in antilock brake control computers that could cause a fire, The Korea Herald reports.