Opel diesels with shut-off device cleared by German authorities, paper says

Germany's KBA motor transport authority has approved Opel diesel engines that were suspected of using 'defeat' software to hide high emissions, a paper reported.

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Mercedes delays diesel version of C-class sedan

Previously slated to go on sale during the first quarter of 2016, Mercedes' C-class diesel sedan has been pushed back.

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Nissan backs off profit targets

Stung by currency changes and home-market problems, Nissan is stepping back from CEO Carlos Ghosn's big goal of reaching an 8 percent global operating profit by next March.

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Ford warning jolts the industry

After boasting of record profits earlier in the year, Ford has dropped a profit warning that is as jarring as concrete blocks hitting the bed of an aluminum pickup.

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Infiniti pumps up the power

Infiniti boss Roland Krueger is picking his battles to grow his premium brand. His strategy? Focus on what's under the hood.

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Lincoln meets shoppers at the mall

Lincoln has a new gambit to regain brand awareness among luxury shoppers. It's located between a Starbucks and a spa offering a "15-minute laser and light facial."

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Tesla mulling 2 theories to explain 'Autopilot' crash, report says

Tesla told U.S.

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Toyota Group suppliers grapple with yen's impact on profits

Toyota Group suppliers posted mixed financial results in the April-June quarter, reflecting varying levels of success coping with adverse exchange rates in the wake of the yen's sharp rise following the U.K.'s Brexit vote.

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Toyota Group suppliers grapple with yen's impact on profits

Toyota Group suppliers posted mixed financial results in the April-June quarter, reflecting varying levels of success coping with adverse exchange rates in the wake of the yen's sharp rise following the U.K.'s Brexit vote.

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American Axle Q2 net income rises 21%

American Axle and Manufacturing's net income climbed 21 percent to $71 million in the second quarter from the year-earlier period, the supplier reported today. The company's revenue rose 2.1 percent to $1.02 billion in the quarter.

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American Axle Q2 net income rises 21%

American Axle and Manufacturing's net income climbed 21 percent to $71 million in the second quarter from the year-earlier period, the supplier reported today. The company's revenue rose 2.1 percent to $1.02 billion in the quarter.

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New Dodge ad campaign launched with tagline 'Domestic. Not Domesticated'

Dodge is launching a new ad campaign with the tagline "Domestic. Not Domesticated."

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New Dodge ad campaign launched with tagline 'Domestic. Not Domesticated'

Dodge is launching a new ad campaign with the tagline "Domestic. Not Domesticated."

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AutoNation expands TrueCar pilot, in latest sign of reconciliation

After getting good results in an initial pilot program, AutoNation will expand its use of TrueCar to at least 23 more dealerships.

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FCA safety, recall oversight extended by NHTSA for another year

The National Highway Traffic Safety Administration will continue close oversight of Fiat Chrysler Automobiles' safety practices and recalls for an additional year as part of the automaker's 2015 consent order with the agency.

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AutoNews Now: Higher July sales? Yes and no

Higher July U.S. sales? Yes and no; Ford CFO: 'The growth is over'; Report: QNX founder now core member of Apple car team; Daimler plans Hungary plant; One giant leap for cupholders?

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AutoNews Now: Higher July sales? Yes and no

Higher July U.S. sales? Yes and no; Ford CFO: 'The growth is over'; Report: QNX founder now core member of Apple car team; Daimler plans Hungary plant; One giant leap for cupholders?

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Panasonic to raise about $3.9 billion from bonds to help fund Tesla gigafactory

Panasonic Corp., the exclusive supplier of Tesla Motors' Model 3 lithium ion batteries, said today it would raise up to 400 billion yen ($3.86 billion) in corporate bonds primarily to invest in Tesla's gigafactory, Reuters reported.

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Panasonic to raise about $3.9 billion from bonds to help fund Tesla gigafactory

Panasonic Corp., the exclusive supplier of Tesla Motors' Model 3 lithium ion batteries, said today it would raise up to 400 billion yen ($3.86 billion) in corporate bonds primarily to invest in Tesla's gigafactory, Reuters reported.

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AutoNews Now: Higher July sales? Yes and no

Higher July U.S. sales? Yes and no; Ford CFO: 'The growth is over'; Report: QNX founder now core member of Apple car team; Daimler plans Hungary plant; One giant leap for cupholders?

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Tesla crash does little to sway public opinion on self-driving cars

Consumers are more aware of self-driving cars, but slightly less interested in riding in them, according to two surveys conducted after a fatal crash of a Tesla equipped with self-driving technology.

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Tesla mulling two theories to explain 'Autopilot' crash, report says

Tesla told U.S.

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Tenneco boosts net income 10% in Q2

Tenneco, the suburban Chicago supplier of ride-control and emission control systems, reported net income of $86 million in the second quarter, a 10 percent increase from the year-earlier period.

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Tenneco boosts net income 10% in Q2

Tenneco, the suburban Chicago supplier of ride-control and emission control systems, reported net income of $86 million in the second quarter, a 10 percent increase from the year-earlier period.

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First Shift: Lower sales, profits at AutoNation

AutoNation profit drops amid lower sales; Penske, Asbury down, Group 1, Sonic, Lithia up; Mazda profit dips, Audi lowers outlook; VW fined; Mercedes pulls ad; Nissan future product.

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First Shift: Lower sales, profits at AutoNation

AutoNation profit drops amid lower sales; Penske, Asbury down, Group 1, Sonic, Lithia up; Mazda profit dips, Audi lowers outlook; VW fined; Mercedes pulls ad; Nissan future product.

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VW 'regrets' Washington state's $176M fine for polluting diesels

VW said it regretted the U.S. state of Washington's decision to fine it $176 million over the automaker's emissions scandal.

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Audi will miss profitability goal as VW scandal, Takata hit earnings

Audi will miss its profitability target this year as costs for parent VW Group's diesel emissions scandal and possible recalls of cars fitted with Takata airbags hit earnings.

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Daimler will build second Mercedes plant in Hungary

Daimler will invest $1.1 billion in a second Mercedes-Benz plant in Kecskemet, Hungary, the automaker said today.

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VW is top-selling carmaker in first half as Toyota slips

VW Group was the world's top-selling automaker in the first six months despite its emissions scandal as sales of rival Toyota were hit by production stoppages and slumping Prius sales in the U.S.

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Audi says VW diesel scandal, Takata costs weigh down profitability

Audi expects profitability this year to drop slightly below its 8 percent to 10 percent target range because of provisions for parent VW Group's diesel emissions scandal and possible recalls of cars fitted with Takata airbags.

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Mazda profit falls on strong yen, lower N.A. sales

Mazda said quarterly profit fell 42 percent in the latest quarter as foreign exchange rate losses hit earnings and sales slipped in the key markets of North America and Japan.

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ANE's August e-magazine goes live Monday

The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Aug. 1. This month's edition looks at why automakers such as Audi, Mercedes and Volvo are re-thinking their automation plans.

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ANE's August e-magazine goes live Monday

The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Aug. 1. This month's edition looks at why automakers such as Audi, Mercedes and Volvo are re-thinking their automation plans.

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Apple taps BlackBerry talent as car project takes software turn, report says

Apple Inc. has hired the former head of BlackBerry Ltd.'s automotive software division as new leadership at the iPhone-maker's car team places increased emphasis on developing self-driving technology, people familiar with the project told Bloomberg.

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Apple taps BlackBerry talent as car project takes software turn, report says

Apple Inc. has hired the former head of BlackBerry Ltd.'s automotive software division as new leadership at the iPhone-maker's car team places increased emphasis on developing self-driving technology, people familiar with the project told Bloomberg.

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Brembo expects slower growth on ramp up of U.S., Mexico plants

Brembo expects sales to grow 9 percent to 9.5 percent this year, slightly below the 10.4 percent posted in the first six months, as it starts operations at two new plants in North America.

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BorgWarner adjusted Q2 earnings improve 9% as drivetrain business soars

BorgWarner reported adjusted earnings of $327.6 million in the second quarter, a 9 percent increase from the year-earlier period. Net income rose 11 percent to $164.4 million in the second quarter, the company said in a statement.

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Brembo expects slower growth on ramp up of U.S., Mexico plants

Brembo expects sales to grow 9 percent to 9.5 percent this year, slightly below the 10.4 percent posted in the first six months, as it starts operations at two new plants in North America.

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BorgWarner adjusted Q2 earnings improve 9% as drivetrain business soars

BorgWarner reported adjusted earnings of $327.6 million in the second quarter, a 9 percent increase from the year-earlier period. Net income rose 11 percent to $164.4 million in the second quarter, the company said in a statement.

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Ex-Porsche CEO Wiedeking finally in the clear over VW takeover charges

German prosecutors dropped an appeal against a court ruling that acquitted former Porsche CEO Wendelin Wiedeking of market manipulation during a 2008-2009 takeover battle with Volkswagen.

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Mercedes pulls ad challenged by safety groups

Mercedes-Benz USA is pulling an ad for the redesigned 2017 E-class sedan after consumer and safety advocates on Wednesday called the spot misleading in its depiction of the vehicle's driver-assist systems.

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Mercedes pulls ad challenged by safety groups

Mercedes-Benz USA is pulling an ad for the redesigned 2017 E-class sedan after consumer and safety advocates on Wednesday called the spot misleading in its depiction of the vehicle's driver-assist systems.

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Lear Q2 earnings rise on gains in both seating and electronics

Lear reported a 55 percent increase in net income during the second quarter, thanks mostly to improvements in the company's seating and electronics units. The $282 million second-quarter net income rose sharply from $182 million last year.

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Visteon says it booked record $1.6 billion in new business during Q2

Visteon reported stronger earnings and piled up a record amount of new business during the second quarter, the automotive electronics supplier said Thursday.

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Lear Q2 earnings rise on gains in both seating and electronics

Lear reported a 55 percent increase in net income during the second quarter, thanks mostly to improvements in the company's seating and electronics units. The $282 million second-quarter net income rose sharply from $182 million last year.

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Visteon says it booked record $1.6 billion in new business during Q2

Visteon reported stronger earnings and piled up a record amount of new business during the second quarter, the automotive electronics supplier said Thursday.

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AutoNews Now: Ford's plan to battle weak Q3

How Fields plans to boost Ford profits, 'play through' stock swings; UAW's beef with Nissan; Renault trims Ghosn's bonus; Ferrari to lighten up with next-generation platform.

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AutoNews Now: Ford's plan to battle weak Q3

How Fields plans to boost Ford profits, 'play through' stock swings; UAW's beef with Nissan; Renault trims Ghosn's bonus; Ferrari to lighten up with next-generation platform.

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