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MMC Aligns Management Structure to Nissan’s
3/14/2017Mitsubishi Motors Corp. says it will debut new management and personnel structures on April 1 that align with those of Nissan Motor Co., which acquired a controlling 34% stake in the company last October.
Volvo Targets 250-Mile Range for New EV
3/14/2017Volvo Car Corp. expects the all-electric vehicle it launches by the end of the decade will have have a driving range of at least 250 miles and to be priced between $35,000 and $40,000 in the U.S.
Weak British Pound Portends New Price Hikes in U.K.
3/14/2017Carmakers will soon roll out a second wave of price hikes in the U.K. to offset the weakening pound sterling, predicts Andy Barratt, managing director of Ford of Britain.
2018 Buick Enclave Teased Ahead of New York Reveal
3/14/2017General Motors Co. has released the first teaser image of its second-generation Buick Enclave crossover, which will be publicly unveiled next month at the New York auto show.
Economic Confidence Steady in Germany
3/14/2017Germany’s financial community remains confident about the country’s economic outlook. But political worries slowed growth in a closely watched index that tracks the sentiment.
Ford Tests “Smart” Kiosk for Dealer Service
3/14/2017Ford Motor Co. is testing an interactive kiosk that allows customers to manage and pay for service appointments—including dropping off and picking up their vehicles or a loaner model—after business hours or to avoid waiting in lines.
VW Bullish on 2017
3/14/2017Volkswagen AG predicts its revenue this year could rise as much as 4% above last year’s record €217 billion ($231 billion) as unit sales slightly exceed the 10.3 million vehicles sold by the group in 2016.
Lexus Confirms Production Version of UX Concept
3/14/2017Toyota Motor Corp.’s Lexus unit will build a production version of last year’s futuristic UX Concept crossover/SUV, Motoring reports.
Nissan Design Chief Nakamura to Retire
3/14/2017Shiro Nakamura, who has led Nissan Motor Co.’s design efforts since 1999, is retiring at the end of March.
Demand for SUVs Sags in S. Korea
3/14/2017Sales of SUVs and crossover vehicles in South Korea jumped 85% to 452,200 units in the four years to 2015. But demand last year rose only 0.5%.