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Piech Agrees to Sell Most of His Porsche SE Stake
4/3/2017Former Volkswagen Group Chairman Ferdinand Piech has agreed to sell “a major part” of the 14.7% stake he owns in the holding company that controls VW.
Study Ranks Ford and GM as Autonomous Vehicle Leaders
4/3/2017Navigant Consulting Inc.’s latest autonomous vehicle report says Ford and General Motors are leading the way when it comes to developing and deploying automated vehicle technologies.
Ex-NHTSA Chief Rosekind Joins Zoox Mobility Startup
4/3/2017Mark Rosekind, former head of the U.S. National Highway Traffic Safety Administration, has been hired by Zoox Inc., a secretive startup that is developing self-driving car technology.
Global Car Sales Rise 7%
4/3/2017New-car sales grew 7% worldwide to about 7 million units in February compared to the same period in 2016, according to WardsAuto.com.
Spyker Revives D12 SUV Plans
4/3/2017Spyker NV has resumed development of the hybrid-electric D12 Peking-to-Paris crossover/SUV the company showed in concept form in 2008.
2017 Seen as “Challenging” Year for China’s Auto Market
4/3/2017New-car demand in China is cooling as sales growth falls below the pace of production, says LMC Automotive.
Infiniti Readies QX80 Concept
4/3/2017Nissan Motor Co.’s Infiniti luxury unit will take wraps off its QX80 Monograph concept crossover/SUV next week at the New York auto show.
Kia Affirms 2020 Fuel Cell Target
4/3/2017Kia Motors Corp. is on track to launch its first fuel cell vehicle by 2020.
Tesla Post Record First-Quarter Sales
4/3/2017Tesla Inc. reports its deliveries of electric cars in January-March jumped 70% to a record 25,000 units compared with the same period in 2016.
Kumho Tire Buyout Fight Appears Headed to Court
4/3/2017A struggle for control of South Korea’s Kumho Tire Co. between its former owner and a Chinese tiremaker appears headed for court, The Korea Herald reports.