Month: February 2020

Auto parts maker Tenneco Inc. shuffled its board Friday in a move that could provoke a fight with former Icahn Enterprises executive Dan Ninivaggi, who in January demanded the board make more-sweeping changes or risk a proxy battle. Dennis Letham, a 12-year veteran board member, will become lead director effective April 1 in a move
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Despite years of near-record sales of new cars and trucks in the U.S., dealers are increasingly being forced to diversify into new business enterprises to stay profitable. The culprit: new-car margins that don’t pay the bills anymore amid intense competition. Automakers have stepped up their certified pre-owned programs. Service departments are looking at tire sales
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FRANKFURT — Deutsche Post will stop producing its StreetScooter electric delivery vehicle, bringing to an end a much-hyped venture that was once seen as a possible disrupter to conventional van makers such as Volkswagen and Daimler. The company had suffered “years of losses” from developing and producing the vehicle, Chief Financial Officer Melanie Kreis said
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For enthusiasts the world over, few cheap cars get the heart racing like a 2020 Mazda MX-5 Miata. It doesn’t have prodigious horsepower, outright speed, or dazzling good looks. The Miata’s appeal, in fact, is largely the opposite of all that. It’s so endearing because it distills the essence of the sports car: two seats,
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Fiat Chrysler Automobiles said its Windsor Assembly Plant in Ontario is returning to a two-shift operation in June, a move that will result in approximately 1,500 layoffs at the longtime minivan factory. The company informed Unifor, which represents hourly workers at the plant, of the decision Thursday. The plant, which had been operating on three
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By Eric Ralph Posted on February 28, 2020 SpaceX recently debuted a new rocket engine test stand at its Central Texas development facilities and one specific aspect of the so-called ‘tripod stand’ could make life a lot easier for Starship’s Raptor engine engineers. The success of SpaceX’s extremely ambitious Starship spacecraft and Super Heavy boosters
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SAN FRANCISCO — Spin, the scooter-sharing service owned by Ford Motor, is expanding to new markets outside of the U.S. The company will launch its first international fleet of electric scooters in Cologne, Germany, as soon as the spring, according to a statement. It will start with several hundred scooters and plans to increase the
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Unless you drive a rotary-powered Mazda, the characteristics of your gasoline or diesel engine are largely defined by its bore (the width or diameter of the cylinders) and stroke (the distance the piston travels within the cylinder). But if you want to make more power, is it better to increase bore or stroke? Jason Fenske
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The 2020 Nissan Titan is a full-size pickup truck outside the orbit of Ford, General Motors, and Fiat Chrysler Automobiles. The 2020 Titan is available with one gas engine, a choice between two cab configurations—crew cab and extended cab—with separate bed lengths.  To avoid being an also-ran in the pickup arms race, the Titan has
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Infiniti will provide factory support to help dealers market used vehicles this year, but through nontraditional advertising channels rather than TV spots. In the brand’s make meeting at the NADA Show, the automaker urged retailers to focus on digital marketing for used and certified pre-owned vehicles to reach online shoppers. Infiniti told meeting attendees that
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When the hybrid version of the 2020 Honda CR-V hits dealer lots beginning March 1, it will be priced competitively against one of its top compact crossover rivals, the Toyota RAV4. The CR-V hybrid will start at $28,870, including shipping, a $2,700 premium over the base gasoline model — and $600 less than the starting
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Carvana posted large gains in revenue, retail sales and inventory acquired from consumers, while reporting a bigger loss in the fourth quarter and for all of 2019. In the fourth quarter, the digital used-vehicle retailer’s net loss grew 46 percent to $125.7 million. The company said in a letter to shareholders that ongoing efforts to
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