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Lexus Sales Slip
8/25/2017Worldwide demand for Toyota Motor Corp.’s Lexus luxury brand shrank 4% to 305,200 units in the first half of 2017.
Mild-Hybrid Caddy XT5 Bows in China
8/25/2017General Motors Co. is introducing a mild-hybrid version of its XT5 midsize crossover in China.
Aston Martin Hikes Outlook Again
8/25/2017British luxury carmaker Aston Martin Lagonda Ltd. has again raises its financial guidance as unit sales and revenue soar.
FCA Acknowledges Regular Strategy Reviews
8/25/2017Fiat Chrysler Automobiles NV has fueled further speculation the company may spin off some of its businesses by noting that its regularly reviews strategic proposals.
Repair Work Boosts U.S. Car Dealer Revenue
8/25/2017New-car sales in the U.S. have slipped 3% so far this year. But dealership revenue is up more than 4%, thanks to an upswing in repair and parts replacement work.
Germany’s Backlog of Used Diesels Swells to 300,000 Cars
8/25/2017German car dealer group ZDK says worries about the future of diesels have created an inventory in the country of some 300,000 used vehicles whose resale value is fading.
Detroit Auto Show Adds Mobility Business Matchmaking Service
8/25/2017Next January’s Detroit auto show will expand on the event’s pre-show AutoMobili-D mobility expo and seminars with 25% more floorspace and a new business-to-business matchmaking service.
VW, FCA in Talks About Truck and Van Venture
8/25/2017Fiat Chrysler Automobiles NV and Volkswagen AG are in preliminary discussions about jointly producing light-duty vans and midsize pickup trucks, sources tell The Wall Street Journal.
Tesla Targets 200-Mile-Plus Range for Electric Highway Truck
8/24/2017Tesla Inc. expects the electric highway truck it is developing will be able to travel 200-300 miles per charge when fully loaded, according to Reuters.
VW Mulls Electric Future for Scirocco
8/24/2017Volkswagen AG s considering moving its sporty Scirocco coupe to the company’s new MEB electrical vehicle architecture.