Author: Automotive News Feed
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Continental plans $59 million electronics plant in Mexico
Continental is investing more than $59 million to build an electronics plant in Aguascalientes, Mexico.
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AutoNews Now: Cadillac to halt, revamp subscription plan
Cadillac to halt, revamp ‘Book’ subscription plan; Uber seeks to resume AV testing in Pa.; Used cars’ mid-life crisis; Safest bets for teen drivers; Tesla’s tariff defense.
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VW may sideline Audi in new 10-year plan, report says
VW Group’s board will consider a business plan that could sideline Audi as the automaker’s leading development center.
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VW may sideline Audi, link with rivals in new 10-year plan, report says
Volkswagen AG CEO Herbert Diess will outline a 10-year plan on Nov. 16 to slash research costs by working with rivals, a step which would sideline Audi as the group’s leading development center, Reuters reported.
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VW taps Baidu’s Apollo platform to develop self-driving cars
VW will join China’s Apollo autonomous driving consortium, which was founded by Baidu, as it seeks to develop self-driving cars for the world’s largest market.
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Continental acquires Cooper-Standard’s anti-vibration unit
Continental reached an agreement to acquire Cooper-Standard Automotive’s anti-vibration systems business for $265.5 million.
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First Shift: Oct. U.S. sales winners, losers
Oct. U.S. sales winners, losers; GM halts renovation projects to save money; Report: Ford plant on short list to make Defender-based vehicle; Mini’s ‘Tweet to Test Drive’ promotion.
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Volvo sales rise 12% in October on strong Europe demand
Volvo registrations rose 12 percent in October, buoyed by strong demand in Europe, putting the automaker firmly on track for its fifth consecutive year of record sales.
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Suben acciones de Rassini, proveedora automotriz líder de México
La Bolsa Mexicana de Valores informó que Rassini, empresa diseñadora y productora de componentes para suspensión y frenos para la industria automotriz, anunció que GGI INV SPV inició una oferta pública de adquisición.
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BMW expands DriveNow service in London
BMW is nearly doubling the size of its DriveNow short-term-rental service in London as the automaker overcomes some of the barriers to operating across the city where companies need to strike agreements with separate local authorities.