Author: Section Page News – Automotive News
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Volvo courts China, tech investors to help fund Polestar rollout
Volvo and Chinese parent Geely have each held a 50 percent stake in Polestar since 2017, when they agreed to jointly invest $736 million to fund initial development at the performance EV brand.
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Volvo blurs the wagon/SUV line with the V60 Cross Country
Volvo purposely blurs the line between a station wagon and SUV with the V60 Cross Country because that is what has made the niche model popular with a loyal group of buyers.
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Boeing tests flying taxi
Boeing is now in the flying taxi game. The company’s electric prototype made its test flight in January, in full autonomous mode.
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Making the most of scarce service workers
Yes, dealerships are hampered by a shortage of service technicians. But they stand to lose even more if they fail to make sure that their existing techs are as productive as they can be.
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Good news for Ghosn’s alliance
Carlos Ghosn’s personal fortunes may be at a low point these days, but his alliance sold 10.76 million cars and light commercial vehicles globally last year, according to Reuters’ calculations.
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Porsche informs authorities of possible issue with emissions
Porsche said it had informed German authorities of potential issues with its emissions data, following a report that figures for certain 911s were inaccurate.
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Honda profit tumbles 40% as incentives, foreign exchange rates bite
Honda’s quarterly profit fell 40 percent to $1.54 billion as lower earnings in North America and Europe weighed on the automaker’s financial results.
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Honda profit tumbles 40% on higher incentives, weaker sales mix
Honda’s quarterly profit fell 40 percent to $1.54 billion as lower earnings in North America and Europe weighed on the automaker’s financial results.
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Canada lawmakers want to question GM CEO Mary Barra
Canada’s House of Commons Standing Committee on Industry, Science and Technology will ask Mary Barra to “come before committee and explain General Motors’ future and continued commitment to the Canadian automotive and manufacturing industry in Canada.”…
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Mitsubishi’s Geneva concept highlights future product priorities
Mitsubishi’s Engelberg Tourer concept underscores the automaker’s two priorities for future product development – a focus on crossovers and more electrified drivetrains.