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U.S. Prepares to Sue FCA on Diesel Emissions
5/18/2017The U.S. Dept. of Justice could file a civil lawsuit as early as this week against Fiat Chrysler Automobiles NV for using illegal software to evade emission rules for its 3.0-liter diesels, according to media reports.
Audi Extends CEO Stadler’s Contract for 5 Years
5/17/2017The supervisory board of Volkswagen AG’s Audi unit has voted unanimously to extend embattled CEO Rupert Stadler’s contract for another five years.
Autonomous Cars Could Cut Crash Repair Revenue Nearly 50%
5/17/2017As more cars become able to drive themselves, carmakers can expect the $5.6 billion they generate each year from selling collision repair parts to plunge to $2.7 billion by 2030 and only $1.4 billion in 2040, according to KPMG’s Manufacturing Institute Automotive Center.
British Union Halts BMW Strike Action on Pension Offer
5/17/2017The U.K.’s Unite trade union says it is suspending strike action against BMW AG while its members consider new pension provisions.
Volvo May Halt Further Diesel Development
5/17/2017Volvo Car Corp. isn’t likely to develop next-generation diesels to succeed its current lineup, CEO Hakan Samuelsson tells Germany’s Frankfurter Allgemeine Zeitung.
EC Confirms Legal Action Against Italy on Diesel Testing
5/17/2017The European Commission has notified Italy that it is beginning legal proceedings over the country’s handling of possible manipulation of diesel emission tests by Fiat Chrysler Automobiles NV.
Ford Will Trim 1,400 Salaried Staff in Asia, N. America
5/17/2017Ford Motor Co. confirms it aims by October to reduce its salaried staff 10%, or about 1,400 positions, through early retirement offers. Two-thirds of the cuts will be in North America, and the remainder will be in Asia Pacific.
Volvo Tests Self-Driving Garbage Truck
5/17/2017Volvo Group and Swedish waste and recycling specialists Renova Recycling Management GmbH are testing a self-driving refuse truck in Sweden.
Magna Launches Rearview Mirror/Camera
5/17/2017Magna International Inc. is introducing a video camera-based rearview mirror system to enhance visibility.
Skoda’s Chief in India Resigns
5/17/2017Sudhir Rao, who turned around the Indian operations of Volkswagen AG’s Skoda unit, tells the Economic Times he is leaving the company at the end of June to pursue “challenges outside the automotive industry.