Author: Automotive News Feed
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AutoNews Now: Nissan, Honda, Ford sales drop as cars get clobbered
Nissan, Honda, Ford sales drop as cars get clobbered; fleet lifts FCA; VW, Mitsu dealer-outreach push; Nissan’s ‘important concepts’ for Detroit show; NHTSA official joins Uber.
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CANADA: Detroit 3 drag November sales down 8.2%
Each of the Detroit-based automakers suffered double-digit sales declines. FCA was down 35.2 percent. GM was down 18.3 percent while Ford fell 10.7 percent. Nissan and Toyota had record months.
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Internet es determinante en el proceso de compra de autos en México
Actualmente nueve de cada 10 internautas buscan información en la web durante el proceso de compra de un vehículo, de acuerdo con el Corte Automotriz del Estudio de Consumo de Medios y Dispositivos, realizado por IAB México.
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Why this analyst thinks Ford will cut 25,000 jobs
Ford’s $11 billion restructuring could cost 25,000 employees their jobs, with Europe bearing the brunt of the cuts, according to Morgan Stanley.
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VW, Daimler, BMW CEOs poised for White House meeting
Top executives of VW, Daimler and BMW have a balancing act to pull off when they meet with Trump administration officials Tuesday about potential tariffs on U.S. imports from Germany.
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China reducirá aranceles a los autos fabricados en EEUU, afirma Trump
El presidente de Estados Unidos, Donal Trump, afirma que China acordó reducir y remover los aranceles para los autos que ingresan a ese país desde Estados Unidos, cuya tarifa actual es de 40 por ciento.
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Nissan’s external board to discuss Ghosn replacement, report says
Nissan’s three independent board members are set to meet on Tuesday to discuss a replacement for arrested former Chairman Carlos Ghosn, Reuters reported.
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BMW faces trade, cost headwinds of at least $1.1 billion in 2019
BMW expects headwinds from U.S. President Donald Trump’s trade war with China as well as higher commodity prices and foreign exchange swings to weigh on earnings next year by at least 1 billion euros ($1.1 billion).
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Borgward promotes former purchasing boss to CEO
Revived German brand Borgward has named Xiuzhan Zhu as its new CEO. Zhu replaces former Rolls-Royce executive Philip Koehn, who spent just four months in the job.
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First Shift: Trump: China to ‘reduce and remove’ car tariffs
Trump: China to ‘reduce and remove’ car tariffs; Lawyer: Jailed Nissan director did nothing wrong; Hyundai, Kia plan Bowl ads; Honda, VW execs make a case for sticking with sedans.