Author: Automotive News Feed
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Continental hires Byton’s Abendroth as chief tech officer
Continental has named Dirk Abendroth, a former BMW executive now employed at Chinese automaker Byton, as the new chief technology officer at its automotive unit.
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Fiat Chrysler Q3 earnings marred by Europe, Asia
Fiat Chrysler said earnings rose 13 percent in the third quarter despite losses in Europe and Asia.
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Fiat Chrysler third-quarter earnings rise 13%
Fiat Chrysler said earnings rose 13 percent in the third quarter while reducing its forecast for how much cash it will have on hand at the end of the year.
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Bulgarian racing-car maker eyes IPO to begin EV push
Sin Cars, a Bulgarian producer of racing cars that compete in the GT4 European amateur championship series, plans to go public to finance expansion into the EV market.
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Toyota, Pizza Hut want to deliver fresh-cooked pies in autonomous pickup
Pizza Hut and Toyota have unveiled a robot-operated mobile pizza factory in the bed of a modified Toyota Tundra pickup. The vehicle will use automated technology to cook pizzas on-the-go in the U.S.
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First Shift: Ex-Audi chief Stadler released from custody
Ex-Audi chief Stadler out of jail; Lincoln product boss to retire; AutoNation posts higher profit, invests in used-car venture; Honda, VW earnings; Next step for headlights?
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Volkswagen reviewing autonomous car alliances, Waymo seen as a leader
Volkswagen CFO Frank Witter said the automaker was open to deeper alliances with outside companies, particularly in the area of autonomous driving, where Google’s Waymo is seen to be an industry leader.
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Former Audi CEO Rupert Stadler released from custody
Former Audi CEO Rupert Stadler, who is being investigated for his role in Volkswagen Group’s emissions-cheating scandal, has been released from custody in Germany.
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Japan’s Sumitomo launches car-sharing service in Stockholm
Daimler and BMW have both seen their car-sharing ambitions crushed in Stockholm, a city that is seen as one of the toughest markets in the world.
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Bentley warns no-deal Brexit would hit profitability, investment
Bentley CEO Adrian Hallmark said a failure to reach a Brexit deal would be damaging to the company’s annual profit and in a worst-case scenario could limit the brand’s ability to invest, and lead to its UK plant closing for a few extra days.