Automotive Industry

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Audi developing an electric vehicle to compete with the Tesla Model S

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Audi is the midst of developing an all-electric car to compete with Tesla’s Model S. The car will use technology from Audi’s R8 e-tron. According...
airbag

US regulator demands a nationwide recall of cars with Takata air bags

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The US auto safety regulator has urged automakers and Japanese airbags supplier Takata to expand a nationwide recall of cars that contain potentially deadly...
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Tata Motors posts 7.1 percent drop in net profit in second quarter

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Tata Motors, the Mumbai-based automotive company, posted a 7.1 percent drop in consolidated net profit to Rs 3,291 crore in the second quarter ended...
Honda

Honda unveils C$857m plant investment in Ontario, backed with local support

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Honda Canada Inc. says it is investing C$857 million (US$752 million) in its Ontario production operations. Japan’s second largest automotive company said the province...
ferrari

Fiat Chrysler plans to spin-off Ferrari

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The automobile giant, Fiat Chrysler Automobiles, has announced plans to spin-off Ferrari and sell 10% of the luxury sports carmaker on the stock market....
airbag

Takata being sued in the US over dangerous airbags

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Takata, the Japanese airbag manufacturer, and various carmakers that use its products, are being sued in the US because of allegations that its cars...
Tesla

Tesla could be banned from opening stores in Michigan

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Tesla has criticized Michigan for passing a bill earlier this month that could restrict the manufacturer’s business operations in the state. The bill, HB5606, creates...
ACEA

European September new car sales figures cheer investors

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European new passenger car sales increased by 6.4% in September, bringing some good news to the region at last. The Belgian-based European Automobile Manufacturers...
Toyota

Toyota recalls 1.75 million automobiles due to faulty brakes and fuel components

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Faulty brakes and fuel components have led to the recall of 1.75 million vehicles worldwide by Toyota Motor Corporation. The world’s largest automaker says...
GMC

GM recalling 117,000 vehicles because of a manufacturing defect

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General Motors is recalling over 117,000 vehicles because of a manufacturing defect that can cause vehicles to stall because of an electrical short. Vehicles that...