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PSA Launches Transmission Venture in India
11/17/2017PSA Group has partnered with India powertrain supplier Avtec Ltd. to build transmissions at rates as great as 200,000 per year.
Daimler Opens Mercedes Tech Center in Israel
11/16/2017Daimler AG’s Mercedes-Benz unit has opened a research center in Tel Aviv to work on digital services, mobility systems and cybersecurity.
Nissan Execs Expected to Return Some Pay Over Safety Inspection Scandal
11/16/2017Several top Nissan Motor Co. executives, beginning with CEO Hiroto Sikawa, are expected to return some of their compensation as penance for allowing bogus safety inspections that forced the recall of 1.6 million vehicles in Japan.
Infiniti Affirms Plans for Variable-Compression Engine
11/16/2017Nissan Motor Co.’s Infiniti arm is moving forward with plans to launch the industry’s first variable-compression-ratio engine next year in the QX50 midsize crossover vehicle.
VW Vows €1.8 Billion Expansion Plan for Brazil
11/16/2017Volkswagen AG says it plans to invest €1.8 billion ($2.1 billion) by 2020 to introduce 20 new models in Brazil.
Toyota Will Market Previously Leased Vehicles for Ridesharing in U.S.
11/16/2017Toyota Motor Corp.’s Financial Services unit is teaming with Launch Mobility Inc., a Los Angeles-based developer of mobility services, to develop a ridesharing program using previously leased Toyota vehicles.
Subaru to Spend $177 Million for Safety Inspection Recalls
11/16/2017Subaru Corp. estimates its recall in Japan to check improperly inspected cars will cost 20 billion yen ($177 million).
Federal-Mogul Buys U.K. Electric Powertrain Specialist
11/16/2017Federal-Mogul Corp.’s powertrain unit has completed its acquisition of Controlled Power Technologies Ltd. (CPT), a U.K.-based maker of electric motors and powertrain systems.
EC Readies Fines Against Seatbelt, Airbag Suppliers
11/16/2017The European Commission is preparing to fine members of a group of airbag and seatbelt suppliers for conspiring to fix prices on their products.
Bimmer Trademarks Hint at Electric SUVs
11/16/2017BMW AG has trademarked the names of nine potential future electrified vehicles under its “i” sub-brand, Auto Express reports.