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Adient to Open India Test Facility
11/16/2017Plymouth, Mich.-based seating giant Adient plc has broken ground on a prototyping and testing facility in Pune, India.
Lear CEO Simoncini Retires
11/16/2017Matt Simoncini, who has led Lear Corp. as president and CEO for the past six years, is leaving the Southfield, Mich.-based auto interiors supplier at the end of February.
Car Sales Rebound in Europe
11/16/2017New-car sales across Europe, which slipped 2% in September, grew 6% to 1.21 million units in October.
VW Plans €10 Billion “New-Energy” Vehicle Program in China
11/16/2017Volkswagen AG and its partners in China says they will spend more than €10 billion ($12 billion) to introduce 40 locally produced plug-in hybrid and all electric cars and crossovers in the country by 2025.
House Members Urge Trump to Drop NAFTA Local-Content Demand
11/16/2017Dozens of U.S. House of Representatives members are urging the White House to abandon its demand to raise the North American Free Trade Agreement’s local content rule for cars.
Hyundai Promises 8 New Crossover Models in U.S. by 2020
11/15/2017Hyundai Motor Co. has vowed to introduce eight all-new or significantly revamped crossover vehicles in the U.S. by 2020.
Opel Reviews Dealer Incentives in Europe
11/15/2017PSA Group’s Opel unit aims to revise dealer incentives and impose more discipline to help the brand deliver a 2% profit margin by 2020.
GM Targets Profitable EV Business by 2021
11/15/2017General Motors Co. tells investors it expects its electric-car business to become profitable by 2021 and reach annual sales of 1 million units by 2026.
Ford, Mazda Lose Bid to Delay Takata Airbag Inflator Recalls
11/15/2017The National Highway Traffic Safety Administration has rejected requests by Ford and Mazda to delay recalls of vehicles equipped with explosion-prone Takata Corp. airbag inflators, the Associated Press reports.
Lexus to Add 3rd Row to RX Crossover
11/15/2017Toyota Motor Corp.’s Lexus luxury unit will take the wraps off the long-rumored three-row version of its RX crossover vehicle later this month at the Los Angeles auto show.