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LONDON — Aston Martin swung to a third-quarter loss on Thursday, as the UK automaker pins a sales revival to the launch of its first utility vehicle, the DBX. The company posted a 13.5 million-pound ($17.4 million) loss before tax in the three months to the end of September, according to an earnings statement on
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Scott Painter says Fair — the used-vehicle subscription service from which he stepped aside as CEO last week — has reached an “inflection point” that requires hard choices, including removing his brother as CFO and cutting 40 percent of Fair’s staff, to get on a path toward profitability. In a telephone interview, Painter said he
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The United States Grand Prix finished up at Austin’s Circuit of the Americas with a thrilling one-two victory for Mercedes drivers Valtteri Bottas and Lewis Hamilton. Hamilton needed just 8 points to make it mathematically impossible for anyone else on the grid to take this year’s driver’s championship. With his second-place finish (and 18 points),
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Aston Martin said the DBX, set to become the latest SUV entry from an exotic and ultraluxury automaker, will start at $192,986, including shipping, in the United States. The DBX will be priced right alongside most of its competitors, a growing group of models that started with the Bentley Bentayga in 2016. The Bentayga, with
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DETROIT — U.S. sales chief Reid Bigland has withdrawn his lawsuit against Fiat Chrysler Automobiles as a procedural move aimed at giving a federal judge the authority to rule on his whistleblower claim. He plans to refile the case next month, according to court documents and his lawyer. Bigland, 52, remains employed by FCA, a
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MILAN — Fiat Chrysler Automobiles plans to quit Europe’s minicar segment, where it is the leader, joining other automakers in axing their smallest cars because of increasing development costs to make them meet tougher emissions limits. FCA CEO Mike Manley said the automaker plans to try to shift Fiat’s minicar customers to the “B” (subcompact)
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DETROIT — UAW President Gary Jones has taken a leave of absence amid a widening corruption probe into the union, according to an email to union employees obtained Saturday by Automotive News. Rory Gamble, the vice president in charge of the UAW’s Ford Motor Co. department, will be acting president, effective Sunday. The union’s International
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We’ve known for years that a new Ford Bronco was in the works, and now we finally know when we can expect to see it in the metal. The rugged 4×4 SUV will make its world premiere in spring 2020. Ahead of the reveal, Ford has also previewed the new Bronco logo with the horse
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DETROIT — UAW leaders on Friday agreed to send a tentative four-year labor agreement with Ford Motor Co. that largely mirrors the union’s new General Motors contract to Ford’s 55,000 hourly employees for ratification. Union workers will vote by Nov. 15 whether to approve the proposed contract, a union spokesman said. The UAW said the
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Hybrids have been around for a long time now. The first mass-produced hybrid, the Toyota Prius, was released before the turn of the new millennium and has been a massive sales success for the world’s largest automaker. And while the vast majority of hybridized vehicles have had fuel economy as their main focus, recently, some
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Renault Chairman Jean-Dominique Senard is under increasing pressure to fix the company’s relationship with ally Nissan after its other potential partner picked a different suitor. The alliance partners have had a rocky two-decade partnership that was further shaken by the chairman of their alliance Carlos Ghosn’s arrest a year ago — to the extent that
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Many of our favorite Mopar custom projects start out as tattered vintage vehicles. This one began life as a 1968 Dodge D200 Camper Special—a heavy-duty pickup with an 8-foot bed and chassis optimized to carry a big, heavy slide-in camper. This camping arrangement left the trailer hitch free to tow a boat, dirt bikes, or
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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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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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