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NHTSA to Test Recall Alert System
10/27/2017The National Highway Traffic Safety Administration will test a program designed to advise drivers during the annual registration process whether their vehicles have recalls pending.
FCA Extends Shutdown for Maserati Levante SUV Output
10/27/2017Fiat Chrysler Automobiles NV is adding another nine days of production downtime for its luxury Maserati Levante crossover vehicle, according to Italy’s FIOM labor union.
U.S. Economic Growth Rate at 3%
10/27/2017The U.S. gross domestic product expanded at an annualized 3% in the third quarter, following a 3.1% rate in April-June, according to a first estimate by the Dept. of Commerce.
Ford-Backed Argo Buys Lidar Firm
10/27/2017Ford Motor Co.’s Argo AI unit has acquired lidar specialist Princeton Lightwave Inc.
Magna Adds Twist to Welding
10/27/2017Magna International Inc. has begun using a new torsional welding process that the company says can reduce the cost and weight of joining plastic parts.
Tesla Expands Michigan Presence
10/27/2017Tesla Inc., which is prohibited by law from selling its electric vehicles directly to customers in Michigan, is closing its first and only vehicle display in the state and moving to a larger, stand-alone space at the same upscale mall in Troy, Mich.
Diesel Payments Cut VW Group’s Net Earnings 51%
10/27/2017Volkswagen AG says the cost of repairing or replacing diesels in the U.S. slashed its third-quarter net earnings to €1.1 billion ($1.3 billion) from €2.3 billion in the same period last year.
Kia Posts First Operating Loss in 10 Years
10/27/2017Kia Motors Corp. swung to a 42 billion-won ($378 million) operating loss for July-September, its first such loss in a decade.
UPDATE: Subaru Let Unqualified Workers Do Safety Inspections
10/27/2017Subaru Inc. admits it has used noncertified employees to conduct government-mandated safety checks of vehicles it makes in Japan.
VW Debuts Used-Car Website in Germany
10/27/2017Volkswagen AG’s captive finance unit has launched a website in Germany called Hey Car to list high-margin used cars.