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Mahindra Plan to Open Assembly Plant in Detroit
7/17/2017India’s Mahindra & Mahindra Ltd tells the Economic Times it intends to open its first U.S. assembly plant—a facility in the Detroit area to make off-road vehicles—by next spring.
Mercedes, Chery Agree on “EQ” Naming
7/17/2017Daimler AG and China’s Chery Automobile Co. have reached an agreement that allows both companies to use variants of “EQ” in the name of future electrified vehicles.
UPDATE: Dealer Supplies of Unsold Cars Surge in U.S.
7/17/2017Inventories of unsold vehicles in the U.S. are near record highs after climbing 39% in the past year to 4.2 million units, according to Automotive News.
BorgWarner to Buy Electrification Specialist
7/17/2017BorgWarner Inc. has agreed to acquire Sevcon Inc., a Southborough, Mass.-based supplier of electric power system controllers, converters and battery chargers.
China’s Economy Expanded 6.9% in Second Quarter
7/17/2017China’s economy expanded at an annualized 6.9% in April-June compared with the same quarter in 2016, the National Bureau of Statistics reports.
VW Loosens Reins with Skoda-Developed Car for India
7/17/2017Volkswagen AG’s vow to give its operating units more control is getting its first test through the strategic partnership announced in February by its Skoda unit and Indian carmaker Tata Motors Ltd.
Germany Ponders Tougher Diesel Emission Rules
7/17/2017Germany’s transport ministry says it is considering “effective measures” to lower diesel engine emissions, including a new organization to test vehicles, Reuters reports.
Former Suzuki Analyst Falsified U.S. Motorcycle Emission Reports
7/14/2017A former Suzuki Motors Corp. analyst in California has pleaded guilty to falsifying motorcycle emission results and violating the U.S. Clean Air Act.
Uber Partners with Ride-Sharing Rival in Russia
7/14/2017Ride-sharing specialist Uber Technologies Inc is merging its business in Russia with rival Yandex Taxi.
China Rule Change Stymies Supercar Imports
7/14/2017Makers of supercars say they are struggling with a change in Chinese emission rules that has blocked sales, the Financial Times reports.