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U.S. Car Sales Slipped 2% in August
9/1/2017U.S. deliveries of cars and light trucks fell 2% to 1.48 million units in August, Autodata Corp. reports.
U.S. Jobs Growth Slows
9/1/2017A disappointingly low 156,000 jobs were added to the U.S. economy in August, the U.S.
Report: Audi Sport Boss Winkelmann to Head Bugatti
9/1/2017Volkswagen AG plans to make Stephan Winkelmann, who currently heads the company’s Audi Sport operation, the head of its Bugatti supercar division.
Dow, DuPont Merger Completed
9/1/2017Dow Chemical Co. and DuPont Co. today closed the $130 billion merger the companies announced in December 2015.
August Car Sales Climb 5% in South Africa
9/1/2017Deliveries of new passenger vehicles in South Africa grew 5% to 32,200 units in August, according to the National Assn. of Automobile Manufacturers of South Africa.
Magna Expands Relationship with Israeli Lidar Company
9/1/2017Magna International Inc. has made an unspecified investment to expand its collaboration with Innoviz Technologies Ltd., a two-year-old Israeli-based developer of solid-state lidar sensors for self-driving vehicles.
Qualcomm Develops Integrated V2X System
9/1/2017San Diego-based Qualcomm Inc. says it has developed its first stand-alone chipset for vehicle-to-everything (V2X) communications.
VW Outlines SUV-Driven Plan to Hike Sales in U.S.
9/1/2017Volkswagen AG says it will become a “relevant volume player” in the U.S. market over the next 10 years by expanding its lineup of SUV/crossover vehicles.
NLRB Files Labor Complaint Against Tesla
9/1/2017The National Labor Relations Board has filed a complaint against Tesla Inc. after finding merit in workers’ claims about the electric carmaker’s unfair labor practices, Reuters reports.
Report: Germany May Double Mass Transit Fund
9/1/2017The German government is likely to announce on Monday that it will double the size of a planned fund for urban transport infrastructure to €1 billion, according to two newspapers in Stuttgart.