Author: Automotive News Feed
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U.S. OCTOBER 2018 AUTO SALES: 5 highlights
U.S. auto sales edged up in October, which was not what analysts had expected. Here are five highlights from the month.
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Is Elon Musk behind Fact Checking?
Members of the Tesla Motors Club forum suspect Elon Musk may be anonymously posting under the name Fact Checking.
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GM’s plea for a federal EV mandate is a mistake
It seems fairly transparent that GM favors a zero-emission mandate to help promote the electric vehicles that it manufactures and sells, whether the public wants them or not.
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Mini stores may share space with BMW dealerships
The change would end Mini’s insistence on a separate high-profile identity.
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German sales fall 7% but WLTP slide slows
German registrations fell at a slower pace in October as Europe’s biggest market stabilized following disruption caused by the introduction of new emissions rules.
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Diess: VW wants dealers ‘to become really profitable’
Volkswagen CEO Herbert Diess says he recognizes the need for VW dealers — whose average profit margins lag almost every other brand in the U.S. — to improve their returns and that VW itself must help in that effort.
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FCA’s record 3rd-quarter profits tops Ford, matches GM
After years of being Detroit’s third wheel, FCA outearned Ford in the third quarter and matched GM’s 10.2% North American profit margin.
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Meet Wanfeng’s Ailian Chen
She’s little known in the U.S., but Ailian Chen, chairwoman of Wanfeng Auto Holding Group, is a high-profile communist achiever at home.
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GM’s electric vehicle proposal sparks criticism
GM is probably getting too much credit for bucking the Trump administration’s attempt to water down fuel economy and emissions standards.
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Lexus adds ES to Japan lineup to counter slowing sedan sales
Lexus hopes demand for premium rides can offset a shrinking market for large sedans.