Month: October 2019

Fiat Chrysler Automobiles and PSA Group went out of their way to make their combination as equal as possible, shedding assets, paying special dividends and distributing board seats. It did not take long for investors to figure out who the buyer is. Shares of Fiat Chrysler jumped 10 percent Thursday after the two sides announced
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Hyundai’s designers have taken a stab at what they believe to be the future of long-haul trucking with the wild HDC-6 NEPTUNE Concept Class 8 fuel-cell-electric truck (FCEV) concept shown at this week’s North American Commercial Vehicle (NACV) Show. The company’s stylists took their inspiration from the streamliner locomotives of the prewar era, aiming squarely
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The 2020 Lincoln Nautilus is well-equipped in base form, and lavish at the top end, but you’ll have to decide if top trims are worth the price of entry. We give it 9 out of 10 for features, service coverage, and infotainment. The Nautilus comes in three trims for 2020 instead of four like last
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Nissan called its IMk EV concept a “little box,” but one that showcases the automaker’s next-generation plans for the crucial K-car segment of its Japanese home market. “The IMk is our vision for every day, every moment and every millimeter of life in Japan,” Nissan Senior Vice President for Global Design Alfonso Albaisa said when
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Honda’s Accord is an excellent all-around midsize sedan. It’s also oh-so-mainstream, and even though the Accord is actually quite sweet to drive, the sportiest version you can buy (it’s named, um, the “Sport”) isn’t exactly a BMW-chaser. Instead, the Accord Sport wears visual dress-up bits and unlocks the lineup’s only available manual transmission option. So,
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Tesla and Elon Musk are currently being sued by shareholders over the SolarCity acquisition and Musk was deposed, which created some very funny moments. In 2016, Tesla’s board and shareholders ended up approving a $2.6 billion acquisition of SolarCity with a strong majority and yet, several Tesla shareholders were not happy about the process and
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After showing off the Supra GT4 concept in Geneva this past March, Toyota has announced key details on the final, race-ready car. First off, its 3.0-liter inline six-cylinder delivers 430 hp and 479 lb-ft of torque, a considerable jump from the standard Supra’s 335 ponies and 365 lb-ft. The race car’s engine pairs with a seven-speed automatic
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A new group will keep tabs on safety developments in Uber’s self-driving vehicle division. The company has formed an independent board composed of six outsiders. It’s charged with reviewing and advising executives in the company’s advanced-technology division on best practices for testing and deploying self-driving technology on Uber’s platform. Formation of the outside Self-Driving Safety
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Magna International said on Wednesday it will build dual-clutch and hybrid transmissions for BMW under a multi-year contract. The products will be built at Magna’s plants in Germany and Slovakia, the company said. Magna did not disclose the financial terms of the contract. Magna ranks No. 3 on the Automotive News Europe list of the
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Our review of the 2020 Ford Expedition is coming soon. You can get a quick quote for a 2019 Ford Expedition if you’re interested in purchasing one. Sign up for Email Updates Get updates about the 2020 Ford Expedition emailed to you I agree to receive emails from this site. I can withdraw my consent
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By virtually every rule of finance, Tesla’s third-quarter numbers represented a step back. Its profit, revenue, operating margin and free cash flow were all lower than a year earlier. But, as everyone should know by now, Tesla doesn’t always follow the accepted rules of the auto industry. Neither does its stock, which jumped 18 percent
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The National Highway Traffic Safety Administration (NHTSA) has released its latest data dump on the state of America’s road safety, and for the second year in a row, the statistics are looking up. Well, the stats, which cover calendar-year 2018, are looking up generally, and more specifically for cars and their drivers. Fatalities among occupants
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TOKYO — Honda has agreed to merge three affiliated suppliers with Hitachi Automotive Systems in a blockbuster deal that aims to create a new global mega-supplier and better leverage scale and r&d resources for developing next-generation technologies. The accord, announced Wednesday, combines Honda affiliates Keihin, Showa and Nissin Kogyo with Hitachi Automotive Systems into a
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Fiat Chrysler Automobiles and PSA Group of France are in talks to combine, The Wall Street Journal and other media reported. The newspaper, citing people familiar with the matter, said a deal between FCA and the Peugeot parent could create a “$50 billion trans-Atlantic auto giant.” An all-share merger of equals, the paper reported, is
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Fiat Chrysler Automobiles and PSA Group of France are in talks to combine, The Wall Street Journal reported. The newspaper reported that people familiar with the matter said a deal between FCA and the Peugeot parent could create a “$50 billion trans-Atlantic auto giant.” An all-share merger of equals, the paper reported, is one of
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Mitsubishi Motors may not have the big size and ample philanthropy budgets of rival automakers in the U.S., but it still seeks to make a difference in the communities where it sells vehicles through its new corporate social responsibility program, Small Batch — Big Impact. Over the course of 10 days this month, the Japanese
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