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Ford Expands Chariot Shuttle Service to Seattle
6/22/2017Ford Motor Co. is extending its Chariot ride-sharing shuttle service to Seattle following pilot programs in San Francisco and Austin, Texas.
Accuride to Acquire Germany’s Mefro Wheels
6/22/2017Commercial vehicle wheelmaker Accuride Corp. has agreed to buy privately held competitor Mefro Wheels GmbH, a German supplier of original-equipment steel wheels for cars, trucks and vehicles used in agriculture and construction.
Renault-Nissan Plans Driverless Ride Services
6/22/2017The Renault-Nissan alliance tells Reuters that within 10 years it will introduce ride-hailing and ride-sharing services that feature self-driving electric vehicles.
Toyota Revs Up Camry Power, Efficiency
6/22/2017Toyota Motor Corp.’s redesigned 2018 Camry midsize sedan will be more powerful and more fuel efficient than the outgoing model—and about $1,000 more expensive.
U.S. Issues Arrest Warrants for 5 Ex-VW Managers in Diesel Scandal
6/22/2017U.S. prosecutors have issued international arrest warrants through Interpol for five former Volkswagen AG employees indicted for their role in the carmaker’s diesel emission cheating scandal, Germany’s Sueddeutsche Zeitung reports.
AM General Sells Factory to EV Startup
6/22/2017AM General LLC has agreed to sell its light-vehicle assembly plant in Mishwaka, Ind., for $110 million to China-backed SF Motors Inc.
Takata Bankruptcy Filing Due on Monday
6/22/2017Airbag maker Takata Corp. will file for bankruptcy protection in Tokyo on June 26, sources tell Reuters.
Study: “Hard” Brexit Could Threaten 18,000 Auto Jobs in Germany
6/22/2017If the U.K. leaves the European Union without securing favorable trade deals, the resulting slump in car sales in England could jeopardize 18,000 auto factory jobs in Germany, say consultants Deloitte Touche Tohmatsu Ltd.
Takata Shares Plunge as Reported Bankruptcy Looms
6/22/2017Shares in Takata Inc. plummeted more than 50% in early trading on the Tokyo Stock Exchange today over expectations that the airbag maker will file for bankruptcy this week.
EU Fines Hella, Automotive Lighting for Price Fixing
6/22/2017The European Commission has fined Hella and Magneti Marelli's Automotive Lighting unit a combined €27 million ($30 million) for their participation in fixing prices for headlamps and other lighting products.