Automotive Industry

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Volvo’s Polestar unveils all-electric Polestar 2, competitor to Tesla Model 3

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Volvo’s performance brand Polestar unveiled a new electric vehicle on Wednesday set to rival Tesla’s popular Model 3. The “Polestar 2” is a premium...
L-r: Harald Krüger, Chairman of the Board of Management of BMW AG, and Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars. Berlin, 22 February 2019

BMW and Daimler announce €1 billion mobility partnership

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BMW Group and Daimler AG have announced a €1 billion partnership in jointly developing car-sharing, ride-sharing, parking, charging and multimodal transport services. The German automakers,...
Ford Motor Company

Ford to exit commercial heavy truck business in South America

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Ford confirmed that it will exit the commercial heavy truck business in South America. Production will cease at the automaker’s Sao Bernardo do Campo...
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Honda set to close its UK Swindon car plant, 3,500 jobs at risk

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Honda is set to announce that it will close its Swindon car plant in 2022, with the potential loss of 3,500 jobs, according to...
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Porsche warns UK customers of price hike in the event of no-deal Brexit

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Porsche has warned its UK customers that they be charged up to 10% more than expected for cars delivered to Britain in the event...
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Amazon leads $700 million investment round in EV startup Rivian

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The electric car company Rivian announced a $700 million investment round led by Amazon. The round also included participation from existing shareholders. Michigan based...

Tesla Model 3 is one of the most satisfying cars to own, survey reveals

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The Tesla Model 3 is one of the satisfying cars to own, according to Consumer Reports subscribers. The Model 3 was the #1 rated...
Juke line at Nissan Sunderland

Nissan scraps plans to build new X-Trail in the UK, production will stay Japan

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Nissan has decided to build the new model of its X-Trail SUV in Japan instead of at its UK plant in Sunderland - a...

Tesla to begin delivering Model 3 units in Europe next month

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Tesla expects to start delivering the Long Range Battery version of its Model 3 in Europe next month after getting the green light from...
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Ford unveils hybrid model of the redesigned Explorer SUV

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Ford has unveiled a hybrid model of its redesigned 2020 Explorer SUV. At the North American International Auto Show in Detroit the US automaker announced...