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Report: FCA to Launch 575-Horse Ram Pickup
3/31/2017Fiat Chrysler Automobiles NV’s Ram truck unit plans to launch a production version of the concept Ram Rebel TRX off-road pickup truck later this year, Car & Driver reports.
Canadian Consortium Targets Research on Artificial Intelligence
3/31/2017Several Canadian companies, universities and government agencies have created the Vector Institute for Artificial Intelligence to develop and commercialize AI-based technologies, including self-driving cars and advanced manufacturing systems.
VW’s HR Chief Says Corporate Culture Overall Will Take Time
3/31/2017Volkswagen AG’s head of human resources concedes it will take time to replace the company’s hierarchical management with a more nimble, decentralized and responsible operating structure.
Jeep Says Rising Retail Deliveries Will Offset Cuts in Fleet Sales
3/31/2017The head of Fiat Chrysler Automobile NV’s Jeep unit predicts that strong retail demand for the American brand’s iconic SUVs will offset a 50% drop in sales to fleets this year.
Toyota Recalls Another 2.9 Million Vehicles to Replace Takata Airbag Inflators
3/31/2017Toyota Motor Corp. is recalling some 2.9 million cars in markets outside the U.S. to replace explosion-prone Takata Corp. airbag inflators.
Trump Signals Willingness to Tweak, Not Replace, NAFTA
3/30/2017The Trump administration proposes relatively minor adjustments to the North American Free Trade Agreement, a pact President Donald Trump described during his campaign as a “disaster.”
Pedestrian Fatalities Continue to Climb in U.S.
3/30/2017Pedestrian deaths on U.S. roads increased 11% in the first half of 2016 to 2,660, according to a report by the Governors Highway Safety Assn. (GHSA).
U.S. Economy Grew 2.1% in Fourth Quarter
3/30/2017The U.S. gross domestic product expanded by an annualized 2.1% in last year’s fourth quarter, up from an earlier estimate of 1.9% for the period, the Dept. of Commerce reports.
Audi to Acquire Silvercar Upscale Rental Service
3/30/2017Audi AG, which bought a minority stake in Austin, Tex.-based Silvercar Inc. two years ago, says it intends to acquire concierge-style car rental company outright by mid-year.
VW Settles Diesel Claims with 10 States
3/30/2017Volkswagen AG says it will pay $157 million to settle claims by 10 U.S. states about violating environmental rules with diesels it rigged to evade emission standards.