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Car Sales Fall 12% in U.K.
11/7/2017New-car registrations in the U.K. slumped to 158,200 units in October compared with 180,200 in the same month last year.
PSA Will Trim Opel Lineup, Focus Brand on EVs
11/7/2017PSA Group plans to drop several low-end Opel models and make the brand a center of excellence for electrified powertrains, according to the Frankfurter Allgemeine Zeitung.
Tesla’s Battery Chief Quits
11/6/2017Jon Wagner, director of battery engineering at Tesla Inc., has left the company to launch his own battery and powertrain startup, Reuters reports.
PwC: Economic Nationalism Could Hinder Future R&D
11/6/2017Nationalistic government policies could reverse the recent trend toward global innovation and reduce future research and development spending by large carmakers and other conglomerates, PricewaterhouseCoopers concludes in its latest Global Innovation 1000 report.
Renault Aims for 50% Sales Growth in India
11/6/2017Renault SA, which sold roughly 100,000 vehicles in India last, hopes a bevy of new SUV/crossover models will help it push sales above 150,000 units in the country by about 2020.
Porsche Notches 3rd Straight WEC Title in Final Season
11/6/2017Porsche secured its third consecutive manufacturers’ and drivers’ titles in the LMP1 class of the FIA World Endurance Championship (WEC) racing series with a second- and third-place finish at the Shanghai 6-hour race on Sunday.
Continental, Osram Plan Lighting JV
11/6/2017Continental AG and vehicle lighting supplier Osram Licht GmbH plan to launch a joint venture to develop and market advanced lighting systems.
Car Ownership in Japan Hits 18-Year Low
11/6/2017Car ownership in Japan dipped to an 18-year low of 1.06 vehicles per household this spring, according to the country’s Automobile Inspection and Registration Information Assn. (AIRIA).
Infiniti to Fix Electrical Issue that Could Trigger Airbags
11/6/2017Nissan Motor Co.’s Infiniti luxury brand is preparing to recall its model QX30 small crossover vehicle in the U.S. to fix an electrical flaw that could trigger the driver’s frontal airbag.
Koenigsegg Sets Speed Record
11/6/2017Sweden’s Koenigsegg AB’s Agera RS supercar achieved an average top speed of 277.9 mph on a closed highway in Nevada to shatter the previous record of 267.8 mph set in 2010 by a Bugatti Veyron Super Sport.