Author: Automotive News Breaking News Feed
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Why flexible auto manufacturing is more important than ever
Designing assembly lines to build more than one type of vehicle dates back decades. But the ability to shift production from one type of vehicle to another is now proving vital for automakers.
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Used car sales rise despite this big hole
America’s used car business is facing a mid-life crisis: dealers are selling tons of late-model cars and a lot of dinosaurs, but sales of autos in their middle years are declining.
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Tesla investors call for major board overhaul, want Elon Musk held accountable
A group of Tesla investors wants the electric-car maker’s board to grow up. The group called on Tesla’s board to boost oversight and hold CEO Elon Musk more accountable.
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Volvo, Baidu team up for Level 4 autonomous EVs in China
Volvo and Chinese Internet giant Baidu will jointly develop electric vehicles capable of Level 4 autonomous driving. It’s the latest move by Volvo to become a leading player in the robotaxi market.
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VW, Ford in talks on autonomous, electric vehicles, report says
Volkswagen and Ford are in “exploratory talks” to jointly develop self-driving and electric vehicles in a far-reaching strategic alliance meant to save the companies billions of dollars, Reuters reported, citing a person familiar with the matter.
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GM to end outgoing Silverado, Sierra production in 2019
GM CFO Dhivya Suryadevara on Wednesday said the company will begin winding down production of the outgoing K2 crew cab models early next year.
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GM to end outgoing Silverado, Sierra production in 2019
GM CFO Dhivya Suryadevara on Wednesday said the company will begin winding down production of the outgoing K2 crew cab models early next year.
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Aptiv’s Q3 net drops despite increase in sales as production falls in key markets
The global automotive technology supplier reported its sales grew 11 percent to $3.5 billion in the third quarter, despite lower production volumes in some of its biggest markets, especially China and Europe.
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Hyundai, Kia to develop new solar charging tech
Hyundai and Kia are planning to launch a solar charging technology for some Hyundai vehicles to meet global emission regulation targets.
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GM offering buyouts to 18,000 salaried employees
General Motors said the plan is a “proactive” measure to address future headwinds that the company expects as it invests in autonomous and electrified vehicles and as auto sales in North America and China #8212; its largest markets #8212; slow.