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Uber Names Expedia Chief to Be Its CEO
8/28/2017Uber Technologies Inc. has hired Dara Khosrowshahi, currently CEO of Expedia Inc.—best-known for its online travel booking service—as its chief.
Toyota Forms Connected-Tech Team
8/28/2017Toyota Motor Corp. is launching a “Connected Technologies" group in North America to better focus its engineering, development and strategy for connected service and hardware systems.
U.S. Gasoline Prices Jump 4 Cents Per Gallon
8/28/2017Average gasoline prices in the U.S. climbed four cents to $2.37 per gallon today, as Hurricane Harvey idled about 25% of oil refining capacity along the Gulf Coast.
Smart Autonomous EV Set for Frankfurt Reveal
8/28/2017Daimler AG’s Smart brand will unveil a self-driving concept electric vehicle at next month’s Frankfurt auto show.
Profits Surge for Russia’s Sollers Group
8/28/2017Russian carmaker Sollers Group reports its net profit in the first half of 2017 zoomed to 575 million rubles ($9.8 million) from 34 million rubles in the same period last year.
Report: Toyota Plans Sports Car Badging
8/28/2017Toyota Motor Corp. next month will announce a “sports car series” at an event in Tokyo.
Aston Martin to Fit All Models with Hybrid Powertrains
8/28/2017Aston Martin Lagonda Ltd. tells the Financial Times it will offer a gasoline-electric hybrid powertrain option throughout its lineup within 10 years.
MIT, Clemson Join AutoMobili-D's University Lineup
8/28/2017The Massachusetts Institute of Technology and South Carolina’s Clemson University will participate in the AutoMobili-D expo in Detroit next January.
Audi Replaces Four Board Members
8/28/2017As expected, Volkswagen AG’s Audi unit has replaced four management board members representing finance, sales, human resources and production.
Toyota Assesses U.S. Supply Base for EVs
8/28/2017Toyota Motor Corp. is analyzing North America’s abilities to supply such electric-vehicle components as motors, batteries and power controllers.