Counterfeit auto parts and memorabilia is big business. So big that Porsche has an in-house team of three “brand protection officers” who confiscated more than 200,000 items worth nearly $70 million last year, the company said last week. About 80 percent of counterfeit items come from China. Some appear professionally made and are hard to
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While much of the auto industry steers away from the evaporating sedan market in the U.S., Nissan is accelerating toward it with product reboots. Nissan this month unveiled a redesigned Versa subcompact — now bigger in proportion, bolder in design and bundled with technology typically found in more upscale vehicles. Meanwhile, a freshened Nissan Sentra
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Online used-vehicle retailer Carvana Co. continues to pile up losses as it carries out a rapid expansion strategy, but bullish investors still like what they are seeing. The positives that emerged from Carvana’s second-quarter earnings reported last week include continued spikes in revenue and retail vehicle sales, a key metric that showed narrowing losses for
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The Cadillac CT6 lives on despite rumors it would be cancelled. Not only that, the flagship sedan charges ahead with a “V” variant boasting a more potent 4.2-liter twin-turbo V-8 engine making 550 hp. Because of its tame exterior design, the 2019 Cadillac CT6-V is the definition of a sleeper sedan. But is that a
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TRAVERSE CITY, Mich. — In his hospitality suite overlooking the manicured Michigan bayside resort where hundreds of auto industry thought leaders gather each year to consider the future, consultant Dietmar Ostermann is reassuringly upbeat. “U.S. GDP has been growing at between 2 and 3 percent,” said Ostermann, U.S. automotive advisory leader for PwC. “That’s fantastic.
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The fledgling electric-vehicle maker that wants to take over General Motors’ former Chevrolet Cruze plant in Ohio booked less than a single Cruze worth of revenue last quarter. But the grim earnings report from Workhorse Group isn’t deterring GM in its efforts to sell Lordstown Assembly and ease the political pressure it has faced over
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Congress will soon renew efforts to pass legislation that clears the way for the deployment of tens of thousands of automated vehicles on roads across America. House and Senate leaders are seeking input from a broad swath of stakeholders to help formulate a self-driving vehicle bill that addresses everything from access for people with disabilities
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FRANKFURT — Continental said on Friday that it was taking action to reduce lead in some electronic components that exceeded certain European Union limits. The German partsmaker said it was identifying how many vehicles and which markets would be affected. Most of the components have been on the market since 2016. An EU directive dictates
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LONDON — McLaren will return to full-time IndyCar racing in 2020 in partnership with Arrow Schmidt Peterson Motorsports and Chevrolet. McLaren will be responsible for technical expertise, commercial experience and marketing for the race team in North America’s top open-wheel racing circuit. The British automaker sold more sports cars in the United States than anywhere
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Audi has pared down the Q3’s configurations for the new model year, but all are well-equipped, and the latest Audi infotainment interface works well. It’s not a stellar value, nor is its warranty notable, and options are somewhat slim. Given all that, we score the 2019 Q3 a 7 out of 10 for features. (Read
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