Author: Automotive News Feed
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Cologne, Bonn must impose limited diesel bans, German court says
A German court has ruled that the western cities of Cologne and Bonn must introduce bans on older diesel vehicles in certain areas from early 2019.
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Renault will build vans for Nissan, Mitsubishi in France
Renault will build Nissan and Mitsubishi vans at two plants in France, raising investment in the country as the three companies seek closer integration.
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Renault will build new vans for Nissan, Mitsubishi in France
Renault said it will build new Nissan and Mitsubishi vans at its domestic plants, raising investment in the country as it explores closer integration of the three-way carmaking alliance with government backing.
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Mazda plans electric push to avoid EU emissions penalties
Mazda is accelerating a push into electrified vehicles to help avoid EU fines for failing to cut greenhouse gas emissions. Mazda and rivals face total fines in excess of more than $16 billion if they fail to comply with tighter CO2 emission limits.
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BMW under pressure to help finance diesel retrofits in Germany
BMW is under pressure from Germany’s government to drop its opposition to funding hardware upgrades on some diesel vehicles in the country and join rivals Daimler and VW Group in agreeing to meet the costs of the cleaner-emissions retrofits.
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Nissan earnings fall 21% as U.S. turnaround stalls
Nissan said its push to improve profitability in the U.S. is taking more time and money than expected. The automaker’s North American profit climbed 13 percent but fell 21 percent globally.
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Nissan earnings fall 21% as U.S. turnaround stalls
Nissan said its push to improve profitability in the U.S. is taking more time and money than expected. The automaker’s North American profit climbed 13 percent but fell 21 percent globally.
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Continental reaffirms reduced margin forecast on weaker auto production, warranty claims
Continental reaffirmed its outlook for a margin decline in 2018, citing warranty claims and weaker auto production in China and Europe.
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Daimler, BMW get EU approval for car-sharing deal
Daimler and BMW won approval from the EU’s competition authority to combine their car-sharing businesses to better compete with U.S. rival Uber and China’s Didi Chuxing.