Author: Automotive News Breaking News Feed
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Cars.com plans to restructure sales operations, cut staff amid investor pressure
Cars.com, one of the auto industry’s largest online shopping sites, is restructuring its sales operations and eliminating more than 100 positions amid pressure from an activist investment group.
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FCA to idle Ontario minivan plant for 8 days, union says
Fiat Chrysler Automobiles plans to idle its assembly plant in Windsor, Ont., for two weeks in the new year, according to the union representing workers there.
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Brazil court grants Ghosn access to Rio apartment
A Brazilian court decided that ousted Nissan Chairman Carlos Ghosn or his daughter should have the right to access a contested Rio apartment to retrieve personal belongings, Reuters reported.
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BMW logistics get boost from U.S. grant
A $25 million U.S. transportation grant supporting the expansion of an inland port for containers will directly benefit logistics operations at BMW in South Carolina and other manufacturers in the region.
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Cadillac XT6 crossover slated to debut at Detroit auto show
The large three-row vehicle will slot between the XT5 midsize crossover and the Cadillac Escalade large SUV — white space the brand has needed to fill for some time.
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China considers delay for tech-dominance plans amid trade war, report says
China is considering plans to delay some targets in its strategy to dominate high-end technologies and to put more focus on shaping industry standards, people familiar with the matter told Bloomberg.
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Financing concerns weigh on auto dealers in Q4, Cox survey finds
Alongside affordability challenges, high interest rates and difficulty obtaining credit for customers have clouded dealers’ typically rosy outlooks, according to Cox Automotive’s Dealer Sentiment Index survey.
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Audi’s Schot appointed CEO on permanent basis
Audi marketing expert Bram Schot will become the luxury brand’s CEO on Jan. 1, making permanent a role he has held on an interim basis since June.
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Renault tells Nissan not to contact its board members, report says
Renault has told alliance partner Nissan not to contact its directors ahead of a Renault board meeting on Thursday, a source told Reuters.
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VW expects new EV platform to give it an edge over rivals
Volkswagen says the MEB platform that will underpin its I.D. electric-vehicle family will be even more scalable than the MQB architecture used for 80 percent of the group’s combustion engine cars.