Production Machining Magazine

BRABUS Increases G 63 Output Because That’s What It Does

The “conventional” Mercedes AMG G 63 has a 4.0-liter bi-turbo V8 engine that produces 585 hp and propels the rather behemothian vehicle from 0 to 62 mph in a brisk 4.5 seconds.

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Automotive

Mercedes Confirms Plans for Level 3 Autonomy in 2020

Daimler AG’s Mercedes-Benz unit plans to introduce Level 3 autonomous driving systems on the S-Class sedan in 2020.

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Automotive

Daimler, Geely in Talks about Ride-Hailing Service in China

A new ride-hailing and car-sharing service for the Chinese market reportedly is being considered by Daimler AG and Zhejiang Geely Holding Group Co.

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BMW to Hike Stake in China Venture to 75%

BMW AG has agreed to spend €3.6 billion ($4.2 billion) to raise its equity in a venture with China partner Brilliance China Automotive Holdings Ltd. to 75% by 2022.

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James Murdoch to Be Tesla’s Next Chairman?

Tesla Inc. outside board member James Murdoch is the leading candidate to succeed founder Elon Musk as the electric carmaker’s new chairman, sources tell the Financial Times.

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regulations

German Carmakers Say New CO2 Emission Rules Will Cut Jobs

The European Union’s proposal to cut allowable carbon dioxide emissions from cars 35% by 2030 will cost the country’s auto industry tens of thousands of jobs, asserts industry group VDA.

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Intelligence Expert Joins GM’s Board

General Motors Co. is adding Jami Miscik, a security and intelligence expert who heads New York-based geopolitical Kissinger Associates, to its board of directors.

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hybrid

EV Startup Plans Pickup Truck

Bollinger Motors LLC, which last year announced plans for its all-electric B1 off-road SUV, also is developing an electric pickup truck.

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Skoda Readies New Hatchback

Volkswagen AG’s Skoda unit plans to unveil an all-new compact hatchback later this year.

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economics

Vietnam Startup Gets $950 Million Credit Line

Vietnamese startup VinFast Manufacturing and Trading Co. Ltd. has arranged a $950 million line of credit to help launch its first model in 2019, Reuters reports.

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