Author: Automotive News Breaking News Feed
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The ‘rational’ businesswoman picked to temper Tesla’s mercurial CEO
In picking Robyn Denholm to keep Elon Musk in check, Tesla’s board is going with a numbers-first executive who climbed up the ranks of multinationals’ finance departments.
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Fiat Chrysler should mull selling Europe business, spin off Maserati, Alfa, investor says
Fiat Chrysler’s board is being urged by a small investor to consider selling its European business and eventually spin-off the Maserati and Alfa Romeo brands to focus on more profitable U.S. brands.
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VW, Daimler agree to pay for diesel retrofits in Germany
Volkswagen and Daimler have agreed to spend up to 3,000 euros ($3,430) per vehicle to offer hardware retrofits to clean up older diesel vehicles at their own cost, but rival BMW is still refusing to do so, Germany’s Transport Minister said.
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Brazil approves tax breaks for Ford, Fiat, other automakers
Brazilian President Michel Temer signed into law hundreds of millions of dollars in incentives for automakers such as GM and Volkswagen to produce locally and continue developing engines that run on both gasoline and ethanol.
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White House, California to meet over emissions rules
California clean air regulators will hold talks on Tuesday with their federal counterparts and the White House over Trump administration efforts to stop Sacramento from adopting tighter vehicle emissions rules than Washington, a spokesman for the…
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Hyundai Palisade 3-row crossover set for L.A. debut
Hyundai will unveil the Palisade crossover, its big-bodied, three-row answer to the Ford Explorer, Toyota Highlander and Chevrolet Traverse, at this month’s Los Angeles Auto Show.
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VW plans $21,000 electric crossover to challenge Tesla, report says
Volkswagen plans to add a subcompact crossover priced at about $21,000 to its all-electric I.D.
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VW still faces a ‘lot of work’ after diesel violations, compliance auditor says
Volkswagen and an independent monitoring team still have “a lot of work to do” before the company’s compliance procedures can be certified after a $27 billion global emissions cheating scandal, an independent auditor said.
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Volvo, citing U.S., China trade dispute, shuffles production plans
Volvo canceled plans to export S60 sedans from its first U.S. plant to China, just months after starting output. Volvo also will stop importing XC60 SUVs and dramatically reduce shipments of S90 sedans from China to the U.S.
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Senate hearing on Hyundai, Kia engine fires postponed
The Senate Commerce Committee said a hearing planned this month on reports of engine fires involving Hyundai and Kia vehicles was on hold, but could be rescheduled for a future date.