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PSA, Changan Automobile to Launch Pickup Truck
9/27/2017PSA Group and Changan Automobile Group are developing a one-ton pickup truck model to market globally by 2020.
Ford, Lyft Partner on Autonomous-Car Fleet
9/27/2017Ford Motor Co. and Lyft Inc. are partnering to develop self-driving cars and put a fleet of them into service as Lyft robotic taxis.
Delphi Renames Electronics/Safety Business Aptiv
9/27/2017When Delphi Automotive plc spins off its Powertrain Systems unit next year, it will rename its remaining business Aptiv.
Harman Updates OTA Tech
9/27/2017Harman International Industries Inc. is launching version 11 of its Remote Vehicle Updating over-the-air (OTA) software technology.
IHS Markit Buys Dealer Analytics Firm
9/27/2017Forecasting giant IHS Markit has acquired automotiveMastermind Inc., which provides consumer behavior analytics and marketing automation software to U.S. car dealerships.
U.S. Demand for Midsize Sedans Evaporates
9/27/2017Midsize sedans—the best-selling sector of the U.S. car market for 20 of the past 27 years—now rank fifth in popularity behind compact SUVs, large pickup trucks, midsize SUVs and compact cars, notes Edmunds.com.
Toyota to Build Yaris Minicars in Brazil
9/27/2017Toyota Motor Corp. says it is spending 1 billion reais ($316 million) to equip its factory in Sorocaba, Brazil, to assemble the Yaris subcompact, five-door hatchback for the local market.
Aston Martin Signs as Red Bull’s F1 Title Partner
9/27/2017Aston Martin Lagonda Ltd. has agreed to become the title sponsor for the Red Bull Formula One racing team beginning with next year’s season.
GM, Unifor Union Return to Bargaining Table
9/27/2017Canadian labor union Unifor and General Motors Co. labor negotiators are to resume contract talks today after the union says it detected “some progress” in GM’s position.
Equity Firm Buys U.K. Transmission Specialist
9/26/2017Inflexion Private Equity has agreed to buy Xtrac Ltd, the British maker of high-performance transmissions for motorsports and supercars. Terms of the deal weren’t disclosed.