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Intel/Mobileye to Launch Fleet of Autonomous Test Vehicles
8/9/2017Chipmaker Intel Corp. and its new Mobileye unit plan to launch a fleet of test vehicles capable of SAE level 4 autonomous driving.
Plug-In Hybrid Range Rovers to Bow in 2018
8/9/2017Jaguar Land Rover Ltd.’s Land Rover unit will launch plug-in hybrid versions of its Range Rover and Range Rover Sport SUVs next year.
Partners Form Satellite Nav Receiver Venture
8/9/2017Suppliers Robert Bosch GmbH and Mitsubishi Electric Corp. are teaming up with global positioning systems specialists Geo++ GmbH and u-blox AB to form a joint venture that aims to enhance global navigation satellite system (GNSS) services for mass-market applications.
Germany’s Free Democrats Party Urges Lower Saxony to Dump VW Stake
8/9/2017Germany’s liberal Free Democrats Party is pushing Lower Saxony to sell its 20% stake in Volkswagen AG to avoid conflict of interest between the region’s economy and VW management.
Tata Motors’ Quarterly Revenue Shrinks
8/9/2017A one-time accounting gain boosted Tata Motors Ltd.’s net profit 42% to 32 billion rupees ($497 million) in April-June. But revenue shrank 10% to 587 billion rupees ($9.2 billion).
Takata Asks Judge to Suspend Airbag Lawsuits Against Carmakers
8/9/2017Bankrupt Takata Corp. is hoping for a federal court ruling today that would suspend hundreds of lawsuits filed against carmakers whose owners were injured by the company’s exploding airbag inflators.
Hyundai Mobis Ramps Up Fuel Cell Module Production
8/9/2017Hyundai Mobis Co. has built a 70 billion-won ($62 million) factory in South Korea to mass produce hydrogen fuel-cell components, The Nikkei reports.
Lawsuit Challenges Oklahoma’s New Fees on EVs
8/9/2017A lawsuit in Oklahoma challenges a new state law that charges electric vehicle owners $100 and requires them to pay a $30 registration fee.
Bosch to Open Regenerative Brake System Plant in China
8/9/2017Robert Bosch GmbH has begun construction of a 779 million-yuan ($116 million) factory in Nanjing, China, to make advanced regenerative braking systems for hybrid and electric vehicles.
India Hikes Taxes on Luxury Cars, SUVs
8/9/2017India, which introduced a nationwide goods and services tax last month to replace the country’s complex array of local and national taxes, has increased the rate on certain luxury vehicles from 43% to 53%.