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Merkel Aide: Diesels Remain “Vital Interest” to German Economy
8/24/2017German Chancellor Angela Merkel’s chief of staff says the country has a “vital interest” in preserving a future for the embattled diesel engine.
GM’s Barra Joins Walt Disney Board
8/24/2017General Motors Co. CEO Mary Barra has joined the board of directors of entertainment giant Walt Disney Co. as its 12th member.
Tenneco Plans New Michigan Facility
8/24/2017Lake Forest, Ill.-based Tenneco Inc. plans to open a $23 million customer center in Northville Township, Mich.
Audi Board to Shuffle Execs on Monday
8/24/2017The supervisory board of Volkswagen AG’s Audi unit will decide Monday to replace four members of the company management board, sources tell Reuters.
Volvo Aims to De-Clutter Interior of XC40 SUV
8/24/2017Volvo Car Corp.’s upcoming XC40 compact crossover/SUV will include a host of new storage systems designed for specific items to help meet changing customer needs.
FCA’s Plan: Make Jeep Its Focus for Growth
8/24/2017Fiat Chrysler Automobiles NV has no interest in selling its Jeep brand but instead aims to more than triple global sales of the unit’s SUVs over the next several years.
Report: Daimler May Split into Three Units
8/24/2017Daimler AG is developing a new structure in which the company would be divided into three entities controlled by a holding company, says Germany’s Manager Magazin.
U.K. Firm Develops Fuel-Cell Range Extender for Nissan EV
8/24/2017ULEMCo Ltd. has developed a fuel cell-powered system to extend the driving range of Nissan Motor Co.’s e-NV200 electric commercial van.
Toyota Expected to Cut Price of Steel to Its Suppliers
8/24/2017Toyota Motor Corp. is likely to lower the cost of steel it resells to its parts suppliers by about 5,000 yen ($46) per ton beginning in October, according to The Nikkei.
U.K. Car Production Jumps 8%
8/24/2017Output of passenger vehicles in the U.K. grew 8% to 136,400 units in July compared with the same month in 2016, the Society of Motor Manufacturers and Traders reports.