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Bimmer i8 Hybrid Sports Car Adds Power and Range
12/18/2017BMW AG’s plug-in hybrid i8 coupe is getting a mild facelift and power upgrade for the 2019 model year.
Chinese EV Startup Lands Alibaba, Other Investors
12/18/2017China-based electric vehicle startup company Guangzhou Xiaopeng Motors Technology Co. (Xpeng Motors) says it has completed three rounds of Series A+ financing and expects to announce a Series B round early next year.
Nearly 2 Million RVs Recalled to Replace Faulty Fire Extinguishers
12/18/2017Fire extinguishers that could become clogged and fail to work have prompted 17 U.S. makers of recreational vehicles to recall 1.95 million vehicles.
Chevy Silverado Gets New Look, Lightweight Materials
12/18/2017The 2019 Chevrolet Silverado 1500 full-size pickup truck will be sleeker, lighter and more stylish than the current model.
Toyota to Electrify All Models by 2025
12/18/2017Toyota Motor Corp. said earlier today it will offer plug-in hybrid and/or electric-only options for all Toyota and Lexus brand models by 2025.
Toyota’s Hybrid Sales Double in Europe
12/18/2017Europe’s shift away from diesels has doubled demand for Toyota Motor Corp.’s gasoline-electric hybrid cars, The Nikkei reports.
China to Ban Local EV Subsidies
12/18/2017China’s central government plans to order an end to local government subsidies for electric cars, mainly because the incentives often favor local EV manufacturers.
Report: Aston Martin Hires Lazard to Prep for Stock Listing or Sale
12/18/2017Aston Martin Holdings Ltd. has hired investment banking firm Lazard Ltd. to prepare the company for a sale or an initial public offering in the fourth quarter of 2018, sources tell Reuters.
Mercedes Readies A-Class Small Sedan for U.S.
12/18/2017Daimler AG’s Mercedes-Benz Cars unit tells Automotive News it will bring its redesigned A-Class subcompact sedan to the U.S. market next autumn.
Visteon Moves Stock Listing to NASDAQ
12/15/2017Cockpit electronics supplier Visteon Corp. says it will move its stock listing from the New York Stock Exchange to NASDAQ on Dec. 27.