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Denso Invests in Ridecell
12/20/2017Denso Corp. has acquired an unspecified stake in Ridecell Inc., a San Francisco-based developer of smartphone apps for mobility services.
Maserati Extends Holiday Shutdown as Sales Slow
12/20/2017Fiat Chrysler Automobile NV’s Maserati unit is expanding its holiday production suspension to align inventories with a sudden softening in demand for the brand’s luxury vehicles.
Another U.S. Death Blamed on Takata Airbag Inflator
12/20/2017Honda Motor Co. and the National Highway Traffic Safety Administration blame a fatality in July on an exploding Takata Corp airbag inflator.
China’s Great Wall Motor to Open Tech Center Outside Detroit
12/20/2017A unit of Chinese pickup truck and SUV maker Great Wall Motor Co. plans to open a $3.5 million research and development facility early next year in Farmington Hills, Mich.
Waymo Partners on Property Insurance for Riders in Self-Driving Cars
12/19/2017Google Inc.’s Waymo autonomous car unit is partnering with Trov Inc., a 5-year-old insurance company, to provide personal property coverage for people riding in Waymo’s self-driving vehicles.
VW Stock Price Headed for Record High?
12/19/2017Volkswagen AG’s stock price, which recovered from the company’s 2-year-old diesel emission cheating scandal last month, could set a new record high in 2018, says Bloomberg News.
Montreal Pulls Out of Formula E
12/19/2017Montreal is ending its three-year deal with the Formula E electric vehicle race series after a single year, citing high costs and fan apathy.
U.S. Approves Fixes for Another 24,000 Audi V-6 Diesels
12/19/2017Federal and California officials have approved emission control updates to bring another 24,000 of Audi AG’s 3.0-liter V-6 diesels into regulatory compliance.
UPS Orders 125 Tesla “Semi” Electric Trucks
12/19/2017United Parcel Service Inc. plans to buy 125 of Tesla Inc.’s all-electric highway trucks when the $200,000 rigs go into production in about 2019.
PSA-Backed Car-Sharing Business Expands in U.S.
12/19/2017TravelCar, a five-year-old Paris-based company that provides peer-to-peer car-sharing at airports, trains stations and city centers, is adding its third free-parking site in the U.S. with service at Chicago’s O'Hare airport.