Category: Motor Age Articles
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Son of Napleton Auto Group president charged with sexual battery in Florida
According to a police report, forensics tests showed DNA of Edward Napleton Jr. on the victim’s body.
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AutoCanada sues former CEO Patrick Priestner over dealership acquisitions
AutoCanada Inc. launched a $328-million lawsuit against its founder and former CEO, Patrick Priestner, claiming he acted against the interests of the Canadian dealership group when he acquired dealerships through private companies.
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Senate, House bills aim to kill $7,500 EV tax credit
Lawmakers opposed to tax credits for EVs are trying again to eliminate federal subsidies for buyers of alternative-power vehicles and force them to contribute more for highway infrastructure.
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Unifor, UAW to meet as unions ramp up campaign against GM
Unifor President Jerry Dias says he will meet with UAW leaders in Detroit as both unions ramp up their campaigns to save five GM plants in North America.
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Asbury’s Q4 net income slips, but revenue rises
Asbury Automotive’s revenue rose in the fourth quarter of 2018, but the dealership group’s net income slipped, in part because year-ago results were boosted by a one-time tax break.
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Ram introduces split folding tailgate
In the battle for pickup buyers, Detroit’s automakers are rolling out innovations at a furious pace. The latest part of the truck to go high tech: the humble tailgate.
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GM’s spending on autonomous vehicles comes in below forecast
CEO Mary Barra attributed the lower expenses in part to good cost controls by Kyle Vogt, who headed the Cruise unit last year.
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VW bets the ranch on radical shift to EVs
Volkswagen has staked its future, to the tune of $91 billion, on being able to profitably mass-produce electric vehicles — a feat no carmaker has come close to achieving.
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Ford recalls 3,500 Rangers for shifter problem
An issue with the vehicle’s shifter prompts a recall a month into its high-profile launch. Ford is not aware of any injuries or accidents.
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GM posts $2 billion Q4 net profit on strong N.A. results
General Motors swung to fourth-quarter net income of just over $2 billion, as strong North American results offset restructuring costs and losses in its international operations and autonomous-vehicle unit.