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GM Drops a Shift at Michigan Transmission Plant
6/1/2017General Motors Co. says it will go from two- to one-shift production at its transmission plant in Warren, Mich., in late June because of a downturn in car sales.
Chinese Carmakers Take Aim at South Korean Market
6/1/2017Chinese carmakers are pushing into the South Korean market with low prices and eye-catching marketing campaigns for their domestic brands.
Samsung Opens EV Battery Factory in Hungary
6/1/2017Samsung SDI Co. has completed construction of a 330,000 sq-meter (3.6 million sq-ft) electric-vehicle battery plant in Goed, Hungary.
Audi Nabs New York’s First Autonomous-Car Testing License
6/1/2017Audi AG says it has become the first company to be awarded a license to test autonomous cars on public roads in New York state.
Toyota Debuts Open-Source Software in Camry Infotainment System
5/31/2017Toyota Motor Corp. says the infotainment system in U.S. versions of its redesigned Camry sedan will be powered by open-source Linux software.
Volvo Begins Exporting China-Built Cars to Europe
5/31/2017Volvo Car Corp. has begun shipping Chinese-built S90 large sedans by rail to Europe.
Conti Signs Strategic Agreements for Mobility, EVs
5/31/2017Germany’s Continental AG and China internet giant Baidu Inc. have signed a strategic agreement to collaborate on automated driving, connected vehicles and advanced mobility services.
Lengthy New-Car Loans Surge
5/31/2017More than one-third of new-car loans in the U.S. carry terms of at least 73 months, according to Experian Information Solutions Inc.
Use of Advanced Gearboxes at Record High in U.S.
5/31/2017The U.S. market share for new vehicles fitted with transmissions that have between seven and 10 forward gears grew to 18% for cars and 22% for light trucks in the U.S. last year, according to the Dept. of Energy’s Oak Ridge (Tenn.) National Laboratory.
Automated Bimmer EV Targets 300-Mile Range
5/31/2017BMW AG says its upcoming iNext electric car will have a 500-km (310-mile) driving range and a so-called “3.5 level” of autonomy when it bows in 2021.