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Honda Expands Tech Startup Accelerator Program
11/9/2017Honda Motor Co. is expanding its Xcelerator program, which the carmaker started two years ago in California’s Silicon Valley to identify and help fund tech startups, to Detroit, China, Europe and Japan.
Subaru Broadens Inspection Recall in Japan
11/9/2017Subaru is expanding its recall of improperly inspected cars sold in Japan to 400,000 units from 255,000.
Piech to Cut Last Ties with VW
11/9/2017Long-time Volkswagen patriarch Ferdinand Piech will sever his final ties with the carmaker on Dec. 8 when he resigns from the board of the holding company that controls VW.
Opel Will Complete Switch to PSA Platforms by 2024
11/9/2017PSA Group’s newly acquired Opel unit says it will switch to PSA chassis for nine models by 2020 and all remaining models by 2024.
Chinese EV Startup Nio Attracts $1 Billion in Funding
11/9/2017Shanghai-based Nio, a three-year-old developer of high-performance electric vehicles, has raised more than $1 billion in a new fundraising round led by Tencent Holdings Ltd., sources tell Reuters.
FCA Aims for U.S. Approval on Diesel Fix by April
11/9/2017Fiat Chrysler Automobiles NV tells a court hearing in San Francisco that it expects to achieve final regulatory signoff by April on a proposed fix for diesels claimed to violate U.S. emission rules.
Ex-Ford “Whiz Kid” Arjay Miller Dies at 101
11/9/2017Arjay Miller, one of the so-called whiz kids hired by Henry Ford II after World War II to revive Ford Motor Co., has died at age 101.
VW Names New Chief for U.S. Marketing
11/8/2017Volkswagen AG has named Jim Zabel, managing director of Omni Advertising in Los Angeles, to take over as senior vice president of marketing for VW of America.
Mexico’s Car Production Jumps to Record High
11/8/2017Local production of cars and light trucks in Mexico grew 11% to an any-month record high of 365,100 units in October, the Mexico Auto Industry Assn. (AMIA) reports.
Veloydne Launches Upgraded Lidar Sensor
11/8/2017Velodyne Lidar Inc. says it has developed a new lidar technology that outperforms all currently available sensors to better enable fully autonomous vehicle operations.